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 May 22, 2008
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(2)

The removal of Morgan Stanley 10% SPARQS Linked  to Apple Inc., maturing July
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 May 9, 2008.

The security was suspended by the Exchange on May 9, 2008.