NEW YORK, Jan. 25 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Morgan Stanley's 8% SPARQS Linked to Noble Energy, Inc. Priced at $12.8525 per unit with an initial offer size of 1,169,600 shares, this equity trades under the ticker symbol NEH and has a maturity date of February 20, 2008. The notes are issued by Morgan Stanley. The Amex specialist unit is AIM Securities. If you would like to receive a copy of the prospectus for NEH, please visit the American Stock Exchange website at http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 236 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/ DATASOURCE: American Stock Exchange CONTACT: Melanie Jacobus, of American Stock Exchange, +1-212-306-1640, or Web site: http://www.amex.com/

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