American Stock Exchange Lists Morgan Stanley 10% Stock SPARQS Based on Apple Computer, Inc., Common Stock

American Stock Exchange Lists Morgan Stanley 10% Stock SPARQS
Based on Apple Computer, Inc., Common Stock 


NEW YORK, March 23  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Morgan Stanley 10% Stock Participation Accreting Redemption
Quarterly-pay Securities(SM) ("SPARQS") based on Apple Computer, Inc., common
stock.

Priced at $10.7075 with an initial offer size of $16,596,625, this equity
trades under the ticker symbol ALR and has a maturation date of April 15, 2006.

The notes are issued by Morgan Stanley. The Amex specialist unit is AIM
Securities.

If you would like to receive a copy of the prospectus for ALR, please contact
the Capital Markets Group at the American Stock Exchange at 212-306- 1659.

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 145 ETFs to date. 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. 

DATASOURCE: The American Stock Exchange



CONTACT:  Mary Chung, American Stock Exchange, [phone],

 



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

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