Professor Meyer Feldberg Joins Morgan Stanley as a Senior Advisor

New York —

Morgan Stanley (NYSE: MWD) today announced that Professor Meyer Feldberg, Dean Emeritus of Columbia Business School and Sanford Bernstein Professor of Leadership And Ethics there, has joined the firm as a Senior Advisor.

Professor Feldberg is widely acknowledged to be one of the most highly regarded counselors to leaders in business and finance around the world. At Morgan Stanley, he will help broaden and deepen client relationships and reinforce ties with thought leaders at the university level in the U.S., Europe, and Asia. In the 15 years Professor Feldberg served as dean, Columbia Business School has grown to become one of the top three business schools in the world.

"We are delighted to welcome Professor Feldberg to Morgan Stanley. We believe the leadership, insight and judgment that led to his highly successful tenure at Columbia Business School will prove equally valuable to Morgan Stanley clients around the world," said Vikram Pandit, President of Morgan Stanley's Institutional Securities Division.

"What particularly attracts me to Morgan Stanley is the opportunity to work with extraordinarily talented people on the complex issues confronting the capital markets around the world today. That so many of those people, including Vikram Pandit and Terry Meguid, head of investment banking, are Columbia Business School graduates is also quite gratifying," Professor Feldberg said.

Professor Feldberg received his BA at the University of Witwatersrand, his MBA at Columbia University, and his PhD at the University of Cape Town.

After graduating from Columbia, Professor Feldberg began his business career at B.F. Goodrich Co. In 1972, he was appointed Dean of the University of Cape Town's Graduate School of Business. In 1979, he became Director of Executive Education and Associate Dean at Northwestern University's J.L. Kellogg Graduate School of Management.

In 1981, he was appointed Dean of Tulane University's A.B. Freeman School of Business, and in 1986 he became President of the Illinois Institute of Technology.

From 1989 to 2004, Professor Feldberg served as Dean of Columbia Business School. In the last three years there, The Financial Times ranked Columbia the No. 3 business school in the world.

He is a director of several public companies, including Federated Department Stores, Revlon Inc., and PRIMEDIA Inc., and Sappi Ltd, the world's leading producer of coated fine paper. He also serves on the advisory board of the British American Business Council.

Professor Feldberg is married with two children and five grandchildren.

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 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.