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American Stock Exchange Lists Morgan Stanley's SPARQS

The American Stock Exchange opens trading on Morgan Stanley's 9% SPARQS Linked to Exxon Mobil Corporation.

Priced at $23.3575 per unit with an initial offer size of 1,007,896 units, this equity trades under the ticker symbol SEM and has a maturity date of January 20, 2009.

The notes are issued by Morgan Stanley. The American Stock Exchange specialist unit is Kellogg Capital Group. -- www.amex.com

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