American Stock Exchange Lists Morgan Stanley's 9% SPARQS Linked to Valero Energy Corp.

Share Name	Share Symbol	Market	Type
Morgan Stanley Valer	AMEX:VLR	AMEX	Ordinary Share

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Morgan Stanley Valer

AMEX:VLR

AMEX

Ordinary Share

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American Stock Exchange Lists Morgan Stanley's 9% SPARQS Linked to Valero Energy Corp.

25/10/2005 5:19pm

PR Newswire (US)

Morgan Stanley Valer (AMEX:VLR)
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NEW YORK, Oct. 25 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Morgan Stanley's 9% SPARQS based on Valero Energy Corporation. Priced at $19.55 with an initial offer size of 1,099,744 shares, this equity trades under the ticker symbol VLR and has a maturation date of November 1, 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 VLR, please contact the Capital Markets Group at the American Stock Exchange at or call (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 169 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: American Stock Exchange CONTACT: Mary Chung, American Stock Exchange, +1-212-306-1641, Web site: http://www.amex.com/

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VLR Morgan Stanley Valer