MORGAN STANLEY



Morgan Stanley - Series 171 - ISIN XS0178997671 - Maturity Date 18 NOVEMBER 2013
                                - EUR 95,525,000

Please be advised the following issue has been repurchased for (NOT EUR
4,605,000) EUR 2,790,000 on 19 November 2007.

The outstanding balance will therefore be (NOT EUR 90,920,000) EUR 92,735,000.
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