REG-Morgan Stanley Partial Early Repurchase

* Reuters is not responsible for the content in this press release.

Tue Jul 22, 2008 10:30am EDT 

LONDON--(Business Wire)--


Please be advised the following issue has been repurchased for EUR 3,000,000 on
14/07/08

 Issue Morgan Stanley - Series 1196 - ISIN XS0300089959 - Maturity Date 20/06/17
                          - O/S Nominal EUR 17,000,000

The outstanding balance will therefore be EUR 14,000,000

Please amend your records accordingly.

Morgan Stanley

Copyright Business Wire 2008
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