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Published on 4/12/2004 in the Prospect News Convertibles Daily.

New Issue: Morgan Stanley prices $5.65 million 0.75% notes exchangeable for Computer Associates

New York, April 12 - Morgan Stanley priced $5.65 million of 0.75% five-year notes exchangeable for the common stock of Computer Associates International Inc., according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:Morgan Stanley
Issue:Exchangeable medium-term notes
Underlying stock:Computer Associates International Inc.
Amount:$5.65 million
Maturity:April 15, 2009
Coupon:0.75%
Price:115
Exchange ratio:32.6889 shares of Computer Associates stock, payable in cash or stock
Call:April 5, 2007 onwards at par, or 32.6889 shares of Computer Associates common stock if worth more
Underwriter:Morgan Stanley
Pricing date:April 2
Settlement date:April 8

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