Morgan Stanley plans jump securities on Philadelphia Oil Service index

By Jennifer Chiou

New York, June 25 - Morgan Stanley plans to price 0% jump securities due Aug. 25, 2011 linked to the Philadelphia Oil Service Sector index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the index is greater than the initial level, the payout at maturity will be par of $10.00 plus an upside payment of $1.80 to $2.20. The exact upside payment will be set at pricing. Investors will be exposed to any index decline.

The securities will price on July 26 and settle on July 29.

Morgan Stanley & Co. Inc. is the agent.

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