Morgan Stanley Declares Regular Quarterly Dividend on Preferred Stock

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June 16 2009 -- New York -- Morgan Stanley (NYSE: MS) today declared a regular quarterly dividend on the outstanding shares of each of the following preferred stock issues:

* Floating Rate Non-Cumulative Preferred Stock, Series A - $252.78 per share (equivalent to $0.25278 per Depositary Share)

* 10 percent Non-Cumulative Non-Voting Perpetual Convertible Preferred Stock, Series B - $25.00 per share
* 10 percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share

The dividends for the Preferred Stock Series A, B and C are payable on July 15, 2009 to stockholders of record at the close of business on June 30, 2009.

Source: Morgan Stanley (NYSE: MS)

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