Morgan Stanley to price absolute return barrier notes linked to iShares FTSE/Xinhua China 25

By Jennifer Chiou

New York, Aug. 27 - Morgan Stanley plans to price zero-coupon principal-protected absolute return barrier notes due March 20, 2010 linked to the iShares FTSE/Xinhua China 25 index fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund remains within 34% to 38% of its initial level throughout the life of the notes, the payout at maturity for each $10.00 note will be par plus the absolute value of the fund return, capped at 34% to 38%. The exact rate will be determined at pricing.

If the fund does not remain within the barrier levels, the payout will be par.

The notes will price and settle in September.

Morgan Stanley & Co. Inc. will be the agent.

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