QUANTUMONLINE.COM SECURITY DESCRIPTION:  Morgan Stanley 9% Targeted Income Strategic Total Return Securities due 10/30/2011, issued at $10 per note and exchangeable for a cash amount based on the CBOE Nasdaq-100 BuyWrite (BXN) Index. The notes pay 9% ($0.90) interest monthly on the 30th day of each month (and Feb. 28th) to holders of record five calendar days prior to the payment date. At maturity, unless called or exchanged, the holder will receive a cash amount equal to the net entitlement value determined on the third trading day prior to the maturity date. The holder may exchange their securities (10,000 shares minimum) on any day during an exchange period for a cash amount equal to the net entitlement value. Exchange periods are the first 10 calendar days of January, April, July and October of each year. Beginning in October 2008 the issuer has the option to redeem the securities on the fifth trading day after any eschange valuation date for cash equal to the net entitlement value. The net entitlement amount is the initial entitlement amount of $9.88 times the value of the Index divided by the initial 328.62 index value as of 11/22/2005 minus the sum of the adjustment amount. See page PS-10 of the prospectus for examples of payment calculations. The notes are senior unsecured debt securities issued by Morgan Stanley and will rank equally with all of their other unsecured and unsubordinated debt. See the IPO prospectus for further information on the notes and the various cash payments by clicking on the ‘Link to IPO Prospectus’ provided below.

Company's Online Information Links

HOME PAGE:     http://www.morganstanley.com/ (This parent company URL is for reference only and does not have specific information on the security.)

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Inv Rel Email Address	indivfeedback@morganstanley.com
General Email Address	genlfeedback@morganstanley.com
Printed Material Request Form on Website	Go to Email Form

Address and Phone Numbers

Address:   1585 Broadway, New York, NY 10036
Main Phone Number	212-761-4000
Fax Number	212-761-0086
Investor Contact   William Pike	212-761-0008
Toll Free Phone Number	800-733-2307