TIDM43CT

RNS Number : 0557W

Morgan Stanley

13 August 2020

THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

Morgan Stanley (the "Issuer")

USD 10,000,000 Credit-Linked Notes linked to Australia and New Zealand Banking Group Limited due September 2022

(ISIN: XS1286872467)

Series CDP 2015-4

(the "Notes")

NOTICE IS HEREBY GIVEN that in accordance with the provisions of Special Condition (G) of the Notes, the terms of the Notes have been amended to give effect to an ISDA Amendment as such term is used in Special Condition (G) of the Notes.

More detailed information regarding the amendment has been made available to the Noteholders via the clearing systems. Additionally, a copy of the amended and restated pricing supplement dated 04 August 2020 relating to the Notes has been made available to the Noteholders via the clearing systems and is available for inspection at the office of the Issuer.

This notice is given by the Issuer.

Dated: 13 August 2020

For further information or enquiries, contact:

DSP Credit

   Tel:   +44 20 7425 8000

Email: dsp-credit-eu@morganstanley.com

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 13, 2020 04:51 ET (08:51 GMT)

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