NEW YORK, Jan. 25 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Morgan Stanley's Bear Market PLUS Linked to the PHLX Housing Sector Index. Priced at $5 per unit with an initial offer size of 1,600,000 shares, this equity trades under the ticker symbol MFP and has a maturation date of April 20, 2007. The notes are issued by Morgan Stanley. The Amex specialist unit is Wolverine Trading LLP. If you have any questions or would like to receive a copy of the prospectus for MFP, please contact the Capital Markets Group at the American Stock Exchange at or call 212-306-1659. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. DATASOURCE: American Stock Exchange CONTACT: Javier E. David of American Stock Exchange, +1-212-306-1440, Web site: http://www.amex.com/

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