EFTA01859422.pdf

To: Peake, Andrew[ From: Peake, Andrew Sent: Sun 8/7/2011 2:28:57 PM Subject: CONFERENCE CALL: SW Ratings Downgrade of the US: Implications — Sunday August 7th, 4pm (EST) / 9pm (UK) / 10pm (CET) Morgan Stanley PLEASE JOIN MORGAN STANLEY FOR A CONFERENCE CALL ON S&P Ratings Downgrade of the US: Implications Sunday August 7'", 2011 4.00pm (EST) / 9.00pm (UK) / 10.00pm (CET) The speakers will address the economic and market implications of Standard & Poor's ratings downgrade of the US. The consequences of the downgrade for the Eurozone sovereign debt crisis will also be discussed. Speakers on this call will be: Elga Bartsch - Europe Chief Economist Arnaud Mares - Head of Sovereign Risk Economics Jim Caron - Global Head of Interest Rate Strategy Hans Redeker — Global Head of FX Strategy Vishwanath Tirupattur — Global Head of Securitized Products Strategy Adam Parker - Head of US Equity Strategy Dial-in Numbers: Designation Number US EFTA_R1_00258588 EFTA01859422 International +1 706 679 2388 Replay: US Tollfree 1 855 859 2056 International +1 404 537 3406 Replay available for 14 days starting from August 7, 7:30pm EST EFTA_R1_00258589 EFTA01859423 For important information and disclosures regarding specific companies, derivatives, or other instruments discussed in this e-mail, please refer to latest research report, if attached and/or hyperlinked to this email, or by logging on to Equity Research via Morgan Stanley's Client Link portal at http://www.morganstanley.com. You may also refer to the Morgan Stanley Research Disclosure Website at www.morganstanley.com/researchdisclosures. IMPORTANT LEGAL NOTICE This document is copyrighted by Morgan Stanley and is intended solely for the use of the Morgan Stanley client, individual, or entity to which it is addressed. This document may not be reproduced in any manner or re-distributed by any means to any person outside of the recipient's organization without the express consent of Morgan Stanley. By accepting this document you agree to be bound by the foregoing limitations. This is not an offer to buy or sell or the solicitation of an offer to buy or sell any security/instrument or to participate in any particular trading strategy. Morgan Stanley may advise the issuers mentioned herein or deal as a principal in or own or act as a market maker for securities/instruments mentioned herein. The research and other information provided herein speaks only as of its date. We have not undertaken, and will not undertake, any duty to update the research or information or otherwise advise you of changes in the research or information. This email message and any attachments are being sent by Morgan Stanley and may be confidential. If you are not the intended recipient, please notify the sender immediately by email an delete all copies of this message and any attachments. Important Notice to Recipients: It is important that you do not use e-mail to request, authorize or effect the purchase or sale of any security or commodity, to send fund transfer instructions, or to effect any other transactions. My such request. orders, or instructions that you send will not be accepted and will not be processed by Morgan Stanley. "This communication and any attachments (the "Materials") are intended solely for informational purposes and do not constitute (and should not be interpreted to constitute) the offering, selling, or conducting of business with respect to securities, investment products or investment services in the jurisdiction of the addressee. if other than the United States of America (the "Non-U.S. Jurisdiction"), or the conducting of any brokerage, investment advisory, banking or other similarly regulated activities in the Non-U.S. Jurisdiction. The Materials am private. confidential and are sent by Morgan Stanley only for the exclusive use of the addressee. The Materials must not be publicly distributed and any use of the Materials by anyone other than the addressee is not authorized. The addressee is requited to comply with all applicable laws in the Non- U.S. Jurisdiction, including, without limitation, tax laws and exchange control regulations, if any." EFTA_R1_00258590 EFTA01859424