Company Profile For Morgan Stanley

Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The Company operates in three segments: Institutional Securities, Global Wealth Management Group and Asset Management. On October 14, 2008, Mitsubishi UFJ Financial Group, Inc. acquired a 21% stake in Morgan Stanley. Institutional Securities' services includes capital raising; financial advisory services, including advice on mergers and acquisitions, restructurings, real estate and project finance. Global Wealth Management Group's services include brokerage and investment advisory services covering various investment alternatives; financial and wealth planning services, and annuity and other insurance products. Asset Management's services include global asset management products and services in equity, fixed income, alternative investments.

BRIEF: For the comparable nine months ended 30 September 2009, Morgan Stanley's revenues totaled $22.69B. Net loss from continuing operations applicable to Common totaled $1.63B vs. an income of $9.08B. Revenues reflect a decrease in the trading income, lower income from asset management, distribution & administration fees and reduced commissions. Net loss reflects an increase in the occupancy & equipment expenses.

Morgan Stanley
1585 Broadway
New York   NY   10036
P: +1212.7614000

62004