Morgan Stanley 10% SPARQS Linked to Apple Inc., due July 20, 2008 (AHY) called for redemption May 9, 2008

Morgan Stanley 10% SPARQS Linked to Apple Inc., due July 20, 2008 (AHY) called for redemption May 9, 2008 at $26.3415 plus $0.1298 accrued interest. Subsequent to the call, the symbol will be changed to AHY.CL effective at the open on April 30, 2008. For detailed information see Issues Daily List dated April 29, 2008 for "Name/Symbol Change" notice and April 30, 2008 for the "Pending Suspension" notice.

Questions regarding this notice should be directed to the Corporate Actions and Proxy Rulings Department of Listing Qualifications of at 212-306-2397.