Morgan Stanley Investment Management Releases Closed-End Fund Quarterly Portfolio Holdings Information

Morgan Stanley Investment Advisors Inc. announced that
the complete holdings of the following funds are available on the
funds' public web site at www.morganstanley.com/im: Morgan Stanley
California Insured Municipal Income Trust (NYSE: IIC); Morgan Stanley
California Quality Municipal Securities (NYSE: IQC); Morgan Stanley
Government Income Trust (NYSE: GVT); Morgan Stanley Income Securities
(NYSE: ICB); Morgan Stanley Insured California Municipal Securities
(NYSE: ICS); Morgan Stanley Insured Municipal Income Trust (NYSE:
IIM): Morgan Stanley Insured Municipal Bond Trust (NYSE: IMB); Morgan
Stanley Insured Municipal Securities (NYSE: IMS): Morgan Stanley
Insured Municipal Trust (NYSE: IMT); Morgan Stanley Municipal Income
Opportunities Trust (NYSE: OIA); Morgan Stanley Municipal Income
Opportunities Trust II (NYSE: OIB); Morgan Stanley Municipal Income
Opportunities Trust III (NYSE: OIC); Morgan Stanley Municipal Premium
Income Trust (NYSE: PIA); Morgan Stanley New York Quality Municipal
Securities (NYSE: IQN); Morgan Stanley Quality Municipal Income Trust
(NYSE: IQI); Morgan Stanley Quality Municipal Investment Trust (NYSE:
IQT) and Morgan Stanley Quality Municipal Securities (NYSE: IQM).
   The posting includes information relating to each of these fund's
complete portfolio holdings for the quarter ended June 30, 2006. These
funds intend to make their respective complete holdings information
available approximately 30 calendar days following the end of the most
recent quarter. You may obtain a hard copy of this report, and future
quarterly reports as they become available, by either accessing the
web site or calling the number below.

   For more information call: 1-800-869-3863.

   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 over 400 investment professionals around the
world and more than $440 billion in assets under management or
supervision as of May 31, 2006. These entities offer investment
management services to a diverse client base, which includes
governments, institutions, corporations and individuals.

   Morgan Stanley (NYSE: MS) is a global financial services firm and
a market leader in securities, investment management and credit
services. With more than 600 offices in 30 countries, Morgan Stanley
connects people, ideas, and capital to help clients achieve their
financial aspirations.