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 December 8, 2006,
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(2)

The removal of  Morgan  Stanley  7.5%  SPARQS Linked to Coach, Inc., maturing
January 15, 2007 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 November 27, 2006.

The security was suspended by the Exchange on November 27, 2006.




