NOTIFICATION  OF  THE  REMOVAL  FROM  LISTING  AND REGISTRATION OF THE STATED
SECURITIES

The American Stock Exchange LLC hereby notifies  the  SEC of its intention to
remove   the  entire  class  of  the  stated  securities  from  listing   and
registration  on  the Exchange at the opening of business on October 30, 2008
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(2)

The removal of Morgan  Stanley  PLUS  Based  on  the  S&P 500 Index, maturing
October 20, 2008 is being effected because the Exchange  knows or is reliably
informed  that  the  entire class of this security was redeemed  or  paid  at
maturity or retirement on October 22, 2008.

The security was suspended by the Exchange on October 22, 2008.