Amex Lists Market Participation Securities Based on the Dow Jones High Yield Select 10 Index

Amex Lists Market Participation Securities Based on the Dow Jones
High Yield Select 10 Index 


NEW YORK, May 27  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Morgan Stanley Market Participation Securities linked to
the Dow Jones High Yield Select 10 Index.  Trading under the ticker symbol PPY,
1.1 million shares of the new eight-year securities were issued at $25 each,
with a maturity date of March 30, 2012.

At maturity, each Unit will entitle the holder to receive the $25 principal
amount plus a supplemental redemption amount, if any.  The supplemental
redemption amount is equal to the amount by which the index- linked performance
amount (derived from the 31 quarterly valuation periods) exceeds the sum of the
principal amount plus all accrued interest over the term of the security.

The issuer is Morgan Stanley and the Amex specialist unit for the new listing
is AIM Securities.

If you would like to receive a copy of the prospectus for PPY, please contact
the Capital Markets Group at the American Stock Exchange at [phone].

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: The American Stock Exchange



CONTACT:  Lynn Duffy of the American Stock Exchange, [phone],





Web site:  http://www.amex.com/ 

Copyright