Morgan Stanley


As Agent Bank, please be advised of the following rate determined on: 13-Sep-2007

Issue               : Morgan Stanley Dean Witter & Co - Series D
                      EUR 20,000,000.00 MTN FRN Due June 2011
ISIN Number         : XS0126533107
Common Code/        : 126533107
144A ISIN
Issue Nomin     EUR : 20,000,000.00
Period              : 17-Sep-2007 to 17-Dec-2007          Payment Date 17-Dec-2007
Number of Days      : 91
Rate                : 5.13
Denomination EUR    : 100,000.00

Amount Payable
per Denomination    : 1,296.75

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services  Facsimille          44 1202 689601



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