MORGAN STANLEY

Please be advised that the following issue have been repurchased for EUR
2,390,000 on 13 Jun 2008

Morgan Stanley - 171 - XS0178997671 - Maturity Date - 18 Nov 13 - O/S nominal -
EUR 92,735,000

the outstanding balance will therefore be EUR 90,345,000

Please amend your records accordingly.
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