The Thai Fund, Inc. Declares a Mid-Year Distribution

  
    
  
  
    
      The Thai Fund, Inc. (NYSE: TTF) declared today a mid-year dividend of 
      $0.0244 per share of net investment income.
    
            RECORD DATE             PAYABLE DATE
         06/29/07                 7/13/07

For more information about this dividend, contact:
Mark Kucera, JPMorgan Investor Services
Phone Number: [phone]
    
      The Thai Fund, Inc. (the “Fund”), 
      advised by Morgan Stanley Investment Management Inc., is a closed-end 
      management investment company seeking to achieve long-term capital 
      appreciation through investments primarily in equity securities of 
      companies organized under the laws of the Kingdom of Thailand.
    
    
      Morgan Stanley Investment Management, together with its investment 
      advisory affiliates, has over 400 investment professionals around the 
      world and approximately $500 billion in assets under management or 
      supervision as of February 28, 2007. These entities offer investment 
      management services to a diverse client base, which includes 
      governments, institutions, corporations and individuals.
    
    
      Morgan Stanley is a leading global financial services firm providing a 
      wide range of investment banking, securities, investment management, 
      wealth management and credit services. The Firm’s 
      employees serve clients worldwide including corporations, governments, 
      institutions and individuals from more than 600 offices in 31 countries. 
      For further information about Morgan Stanley, please visit www.morganstanley.com.