Juan Dibildox Joins Morgan Stanley Private Wealth Management

Appointment Enhances Coverage of Mexican Market

New York —

Morgan Stanley (NYSE:MS) announced today that Juan Dibildox has joined its Private Wealth Management office in Miami as an Investment Representative. Reporting to Jon Mallon, Executive Director and Manager of the Private Wealth office in Miami, he will cater to high net worth clients in Mexico.

"We are delighted that Juan has decided to join Morgan Stanley," commented Mr. Mallon. "His background and experience in the region make him a valued addition to the team and reinforces our commitment to further expand in the Latin American market."

Mr. Dibildox, 36, joins Morgan Stanley from Lehman Brothers, where he served as a Financial Advisor in the firm's Miami office covering Mexico. Prior to that, from October 2001 to February 2006, he was an Associate at Goldman Sachs. Mr. Dibildox began his career as a Financial Analyst in 1995 in Goldman Sach's Houston office.

Mr. Dibildox earned his CPA designation from Tecnologico de Monterrey in Mexico and holds an M.B.A from The University of Texas, Austin.

Morgan Stanley Private Wealth Management provides a range of investment and private banking services to ultra-high net worth individuals, families and related institutions in the United States, Latin America, Europe, the Middle East and Asia.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

Investments and services are offered through Morgan Stanley & Co. Incorporated, member SIPC. ©2008 Morgan Stanley.

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