New Issue: Morgan Stanley prices $8.81 million PLUS linked to commodity basket

By Angela McDaniels

Tacoma, Wash., Feb. 2 - Morgan Stanley priced $8.81 million of 0% Performance Leveraged Upside Securities due Feb. 5, 2013 linked to a commodity basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P GSCI Brent Crude Index - Excess Return with a 25% weight; coal and gold, each with a 15% weight; copper, nickel, soybeans and corn, each with a 10% weight; and cotton with a 5% weight.

The payout at maturity will be par plus 160% of any basket gain, subject to a maximum return of 54%. Investors will be exposed to any basket decline.

Morgan Stanley & Co. Inc. is the agent.

Issuer:	Morgan Stanley
Issue:	Performance Leveraged Upside Securities
Underlying basket:	S&P GSCI Brent Crude Index - Excess Return (25% weight), coal (15% weight), gold (15% weight), copper (10% weight), nickel (10% weight), soybeans (10% weight), corn (10% weight) and cotton (5% weight)
Amount:	$8,813,000
Maturity:	Feb. 5, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 160% of any basket gain, up to maximum return of 54%; exposure to any basket decline
Pricing date:	Jan. 31
Settlement date:	Feb. 3
Agent:	Morgan Stanley & Co. Inc.
Fees:	2.25%
Cusip:	617482QX5

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