Morgan Stanley Frontier Emerging Markets Fund, Inc., a closed-end investment company traded on the New York Stock Exchange (NYSE: FFD), will host one of an ongoing series of portfolio update conference calls with representatives of the Fund on Tuesday, January 26, 2010 at 4:15 p.m. Eastern time. The portfolio manager will discuss the Fund's strategy and portfolio composition, as well as current market fundamentals and long-term trends.

The call is open to the general public. The U.S. domestic call-in number is (800) 288-8961. The international call-in number is (612) 332-0228. Passcode: 143221.

Morgan Stanley Investment Management Inc. (“MSIM”) is the Fund's investment adviser. MSIM, together with its investment advisory affiliates, has nearly 1,000 investment professionals around the world and approximately $386 billion in assets under management or supervision as of September 30, 2009. By leveraging its global ‘community of boutiques’ structure and the strength of Morgan Stanley, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 36 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

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