REG-MORGAN STANLEY FRN Variable Rate Fix - Amendment

LONDON--(Business Wire)--

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As Agent Bank, please be advised of the following rate determined on:04-Jun-2008
Issue : Morgan Stanley - Series 956
EUR 8,000,000.00 FRN Due 11-Dec-2016
ISIN Number : XS0276769444
Common Code / 144A : 27676944
ISIN
Issue Nomin EUR : 8,000,000.00
Period : 11-Dec-2007 to 11-Jun-2008 Payment Date 11-Jun-2008
Number of Days : 180
Rate : 5.789
Denomination EU : 50,000.00 8,000,000.00
Amount Payable : 1,447.25 231,559.00
per Denomination

Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Corporate Trust Services Facsimile 44 1202 689601
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MORGAN STANLEY

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