08:59     MS-HSI  @EC0510<04747> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settled) Call Warrants relating to the Hang          
    Seng Index issued by MSDW Asia Securities Products LLC                    
    will commence at 9:30 a.m. today (04/04/2005) under the                   
    following particulars:-                                                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4747            MS-HSI  @EC0510         10,000 units