David H. Sidwell, Executive Vice President and Chief Financial Officer of Morgan Stanley (NYSE:MS), will discuss Morgan Stanley and its international business and first quarter results at the 2007 Morgan Stanley European Banks & Financials Conference in London, on Tuesday, March 27 at 1:00 pm GMT (8:00 am ET).  Both live and on-demand versions of the webcast will be available.  The on-demand webcast will be available 24 hours after the presentation for a period of 30 days.  To access the webcast, please go to the Investor Relations section at www.morganstanley.com.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 30 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.