09:38     MS-HSI @EP0510A<04751> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settled) Put Warrants relating to                    
    the Hang Seng Index issued by MSDW Asia Securities Products LLC           
    will commence at 9:30 a.m. on Monday, 04/04/2005 under the                
    following particulars:-                                                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4751            MS-HSI @EP0510A         10,000 units