QUANTUMONLINE.COM SECURITY DESCRIPTION:  Morgan Stanley, 1.5% Exchangeable Notes due 6/30/2011 exchangeable for shares of common stock of Wal-Mart Stores Inc. (NYSE: WMT), issued in $1000 denominations. The notes pay interest of 1.5% ($15.00) per annum semiannually on 6/30 & 12/30 to holders of record 15 calendar days prior to the payment date. The notes are exchangeable any time at the holder's option into 13.13127 shares of Wal-Mart Stores common stock or the cash equivalent at the issuer's option. The notes are callable on or after 4/01/2005 at the issuer's option at the greater $1,000 or 13.13127 shares of Wal-Mart Stores common stock or the cash value of those shares. At the maturity date of 6/30/2011, if the notes have not been called and the holder has not elected to exchange the notes, the holder will receive $1000 in cash or, if the product of the common shares times the exchange ratio is greater than or equal to $1000, the holders exchange right will be automatically exercised. The notes are senior unsecured debt securities of Morgan Stanley and rank equally with their other senior unsecured obligations. See the IPO prospectus for further information on the exchangeable notes and their call, exchange and maturity provisions 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

Address and Phone Numbers

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