Filed
Pursuant to Rule 433
Registration
No. 333-159311
Morgan
Stanley Announces Pricing of Public Offering of its Remaining Ownership Interest
in MSCI Inc.
New York – May 19, 2009 –
Morgan Stanley (NYSE: MS) and MSCI Inc. (NYSE: MXB) announced today that
Morgan Stanley’s previously announced secondary offering of all of its remaining
27,708,653 shares of MSCI Inc. class A common stock, par value $0.01 per share,
priced at $21.50 per share. MSCI Inc. will not receive any of the
proceeds from the sale of the class A common stock.
“We are pleased to
complete the separation of MSCI from Morgan Stanley, which we began in 2007,”
said John J. Mack, Chairman and CEO of Morgan Stanley. “As we said then, we
believe this transaction will unlock value for Morgan Stanley's shareholders as
well as release capital to redeploy into our core activities including
institutional securities, asset management and global wealth
management.”
Morgan Stanley is
serving as sole book-running manager for the offering.
MSCI has filed a
registration statement (including a prospectus) with the SEC for the offering to
which this communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents MSCI has
filed with the SEC for more complete information about MSCI and this offering.
You may obtain these documents for free by visiting EDGAR on the SEC Web
site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer
participating in the offering will arrange to send you
the prospectus and the prospectus supplement if you request
them by calling Morgan Stanley & Co. Incorporated at (866)
718-1649.
About
MSCI Inc.
MSCI Inc. is a
leading provider of investment decision support tools to investment institutions
worldwide. MSCI Inc. products include indices and portfolio risk and performance
analytics for use in managing equity, fixed income and multi-asset class
portfolios.
The company’s
flagship products are the MSCI International Equity Indices, which include over
120,000 indices calculated daily across more than 70 countries, and the Barra
risk models and portfolio analytics, which cover 59 equity and 48 fixed income
markets. MSCI Inc. is headquartered in New York, with research and commercial
offices around the world.
About
Morgan Stanley
Morgan Stanley is a leading global
financial services firm providing a wide range of investment banking, securities, investment
management and wealth management services. The Firm's
employees serve clients
worldwide including
corporations, governments,
institutions and individuals from more than 600 offices
in 36 countries. For further information about
Morgan Stanley, please visit www.morganstanley.com.
Contacts:
Morgan Stanley,
Media Relations, Mary Claire Delaney, 212 762 6880
MSCI Inc., Lisa
Monaco, 866
447 7874