MGB Morgan Stanley Global Opportunity Bond Fund, Inc.

Morgan Stanley Global Opportunity Bond Fund, Inc. Declares A Distribution NEW YORK, Dec. 14 /PRNewswire-FirstCall/ -- Morgan Stanley Global Opportunity Bond Fund, Inc. (NYSE:MGB) today declared a year-end distribution of $0.2206 per share of net investment income. RECORD DATE PAYABLE DATE 12/23/04 1/07/05 The Fund's advisor is Morgan Stanley Investment Management Inc.(MSIM), a wholly-owned subsidiary of Morgan Stanley. MSIM, with over 400 investment professionals around the world, has more than $394 billion in assets under management or supervision as of August 31, 2004. The division offers wealth management services to a diverse client base, which includes governments, institutions, corporations and individuals. Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With more than 600 offices in 27 countries, Morgan Stanley connects people, ideas, and capital to help clients achieve their financial aspirations. DATASOURCE: Morgan Stanley Global Opportunity Bond Fund, Inc. CONTACT: Mark Kucera of JPMorgan Investor Services, +1-617-557-8844 or For media inquiries only, please contact: Chad Peterson of Morgan Stanley Investment Management, +1-212-762-9612

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