TTF Thai Fund (The) (delisted)

Each of the Morgan Stanley institutional, closed-end funds listed below (the �Funds�) today declared the following dividends. EX-DATE � RECORD DATE � REINVEST DATE � PAYABLE DATE 06/26/08 06/30/08 07/11/08 07/15/08 Name of Closed-EndManagement Investment Company � Ticker � Per Share of Net Investment Income � Per Share of Short-term Capital Gain � Per Share of Long-term Capital Gain Morgan Stanley Asia-Pacific Fund, Inc. � APF � $0.0001 � $0.0000 � $0.6555 Morgan Stanley Eastern Europe Fund, Inc. � RNE � $0.0000 � $2.8107 � $2.2868 Morgan Stanley Emerging Markets Debt Fund, Inc. � MSD � $0.1550 (Quarterly) � $0.0000 � $0.0000 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. � EDD � $0.5000 (Quarterly) � $0.0000 � $0.00000 Morgan Stanley Emerging Markets Funds, Inc. � MSF � $0.0431 � $0.7997 � $3.4706 Morgan Stanley Global Opportunity Bond Fund, Inc. � MGB � $0.1100 (Quarterly) � $0.0000 � $0.0000 Morgan Stanley High Yield Fund, Inc. � MSY � $0.0350 (Monthly) � $0.0000 � $0.0000 Morgan Stanley India Investment Fund, Inc. � IIF � $0.2044 � $0.9164 � $7.4981 The Latin American Discovery Fund, Inc. � LDF � $0.0158 � $0.5486 � $3.1514 The Thai Fund, Inc. � TTF � $0.0017 � $0.0000 � $0.0000 For more information call: 1-800-231-2608. The amount of dividends paid by each fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts. The final determination of the source and tax characteristics of all distributions in 2008 will be made after the end of the year. Investing involves risk and it is possible to lose money on any investment in the funds. Morgan Stanley Investment Management, together with its investment advisory affiliates, has nearly 1,000 investment professionals around the world and approximately $605 billion in assets under management or supervision as of May 31, 2008. By leveraging its global �community of boutiques� structure and the strength of Morgan Stanley, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services. The Firm�s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.