TIDM41DD 
 
 
As Agent Bank, please be advised of the following rate determined  on: 08/04/09 
Issue                            ¦ Morgan Stanley & Co Ltd- Seies 54 - EUR 2,000,000,000 Senior  Bearer FRN Due 13 Apr 16 
ISIN Number                      ¦ XS0250971222 
ISIN Reference                   ¦ 250971222 
Issue Nomin EUR                  ¦ 2,250,000,000 
Period                           ¦ 14/04/09 to 13/07/09    Payment Date 13/07/09 
Number of Days                   ¦ 90 
Rate                             ¦ 1.845 
Denomination EUR                 ¦ 50,000  ¦                  ¦ 
Amount Payable per Denomination  ¦ 230.63  ¦                  ¦ 
Bank of New York 
Rate Fix Desk                             Telephone         ¦ 44 1202 689580 
Corporate Trust Services                   Facsimile        ¦ 44 1202 689601 
 
 
 
 
 

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