Morgan Stanley Investment Management Releases Institutional Closed-End Fund Quarterly Portfolio Holdings Information NEW YORK, April 30 /PRNewswire-FirstCall/ -- Morgan Stanley Investment Management announced today that it will post selected information regarding all Morgan Stanley Investment Management-sponsored institutional closed-end funds to its public web site at http://www.morganstanley.com/im on May 3, 2004. The posting will include information relating to each institutional closed-end fund's complete portfolio holdings for the calendar quarter ended March 31, 2004. Morgan Stanley Investment Management intends to make complete holdings information for its closed-end funds available approximately 30 days following the end of the most recent calendar quarter. You may obtain a hard copy of this report, and future quarterly reports as they become available, by either accessing the web site or calling the contact number listed above. Morgan Stanley Institutional Closed-End Funds include: Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:APF); Morgan Stanley Emerging Markets Fund, Inc. (NYSE:MSF); Morgan Stanley India Investment Fund, Inc. (NYSE:IIF); Morgan Stanley Eastern Europe Fund, Inc. (NYSE:RNE); Morgan Stanley High Yield Fund, Inc. (NYSE:MSY); Morgan Stanley Global Opportunity Bond Fund, Inc. (NYSE:MGB); Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD); The Thai Fund, Inc. (NYSE:TTF); The Malaysia Fund, Inc. (NYSE: MF), The Latin American Discovery Fund, Inc. (NYSE:LDF); The Turkish Investment Fund, Inc. (NYSE:TKF) Investing involves risk and it is possible to lose money on any investment. For more information call: 1-800-221-6726 DATASOURCE: Morgan Stanley Investment Management CONTACT: +1-1-800-221-6726 of Morgan Stanley Investment Management

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