The Thai Fund, Inc. Announces Portfolio Manager Changes

  
    
  
  
    
      The Thai Fund, Inc. (NYSE: TTF) (the “Fund”) 
      today announced that, effective immediately, the members of the Emerging 
      Markets Equity team primarily responsible for the day-to-day operation 
      of the Fund are Munib Madni, an Executive Director of Morgan Stanley 
      Investment Management Inc. (“MSIM”), 
      Ruchir Sharma, a Managing Director of MSIM, and James Cheng, a Managing 
      Director of Morgan Stanley Investment Management Company.
    
    
      The Fund is a non-diversified, closed-end management investment company, 
      the shares of which are listed on the New York Stock Exchange (TTF). The 
      Fund’s investment objective is long-term 
      capital appreciation which it seeks to achieve by investing primarily in 
      equity securities of Thai issuers. MSIM is the Fund’s 
      investment adviser.
    
    
      Morgan Stanley Investment Management, together with its investment 
      advisory affiliates, has nearly 1,000 investment professionals around 
      the world and approximately $605 billion in assets under management or 
      supervision as of May 31, 2008. By leveraging its global ‘community 
      of boutiques’ structure and the strength of 
      Morgan Stanley, MSIM strives to provide outstanding long-term investment 
      performance, service and a comprehensive suite of investment management 
      solutions to a diverse client base, which includes governments, 
      institutions, corporations and individuals worldwide.
    
    
      Morgan Stanley is a leading global financial services firm providing a 
      wide range of investment banking, securities, investment management and 
      wealth management services. The Firm's employees serve clients worldwide 
      including corporations, governments, institutions and individuals from 
      more than 600 offices in 33 countries. For further information about 
      Morgan Stanley, please visit www.morganstanley.com.