American Stock Exchange Lists PROPELS Based on a Basket of Three International Indices NEW YORK, April 26 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Morgan Stanley PROtected Performance Equity Linked Securities ("PROPELS") based on a basket of three international indices. Trading under the ticker symbol EBK, the new securities were issued at a price of $10, with a maturity date of December 30, 2011. At maturity, holders will receive par ($10) plus the Supplemental Redemption Amount, if any. The notes are issued by Morgan Stanley. The Amex specialist unit for the securities is AIM Securities/Aegis Joint Account. If you would like to receive a copy of the prospectus for EBK, please contact the Capital Markets Group at the American Stock Exchange at (212) 306-1659. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT: Lynn Duffy of the American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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