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 14, 2006,
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(2)

The removal of Morgan Stanley 8.5% SPARQS Linked to Transocean Inc., maturing
December 1,  2006 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 December 1, 2006.

The security was suspended by the Exchange on December 4, 2006.




