Morgan Stanley



  Morgan Stanley Series 1834 ISIN XS0348868810 - Maturity Date 01 Mar 11 - O/S
                              Nominal GBP 7,000,000

Please be advised the following issue has been repurchased for GBP 2,000,000 on
6 Jun 08

The outstanding balance will therefore be GBP 5,000,000

Please amend your records accordingly.
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