Partial Early Repurchase
12 Juli 2007 - 9:00AM
UK Regulatory
Morgan Stanley
MORGAN STANLEY - Series 534 - ISIN XS0227457354 - Maturity Date 14
OCTOBER 2013-EUR 201,620,000
Please be advised that the following issue has been repurchased for EUR
9,197,500 on 13 JUNE 2007.
The outstanding balance will therefore be EUR 192,422,000.
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