09:08     MS-HSI  @EP0512<04922> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style Index Put Warrants (Cash Settled) relating to the Hang     
    Seng Index issued by MSDW Asia Securities Products LLC will commence at   
    9:30 a.m. on Wednesday, 11/05/2005 under the following particulars:-      
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4922            MS-HSI  @EP0512         10,000 units