MGB Morgan Stanley Global Opportunity Bond Fund, Inc.

Morgan Stanley Global Opportunity Bond Fund, Inc. (NYSE: MGB) today declared a quarterly dividend of $0.1100 per share of net investment income. RECORD DATE PAYABLE DATE 06/29/07 07/13/07 For more information about this dividend, contact: Mark Kucera, JPMorgan Investor Services Phone Number: (617) 557-8844 Morgan Stanley Global Opportunity Bond Fund, Inc. (the �Fund�), advised by Morgan Stanley Investment Management Inc., is a closed-end management investment company that seeks to produce high current income as a primary investment objective and, as a secondary objective, seeks capital appreciation by investing primarily in bonds of issuers located throughout the world, including U.S. issuers and issuers in emerging countries. Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 400 investment professionals around the world and approximately $500 billion in assets under management or supervision as of February 28, 2007. These entities offer investment management services to a diverse client base, which includes governments, institutions, corporations and individuals. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 31 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.