DIFX welcomes Morgan Stanley as member

Notes and media contacts

DIFX
The DIFX aims to become the main exchange in its region for equities, bonds, Islamic products, funds, index products and derivatives. The target areas of the DIFX for seeking issuers include the Middle East and North Africa, as well as South Africa, Turkey and the Indian sub-continent. The DIFX is regulated by the Dubai Financial Services Authority. www.difx.ae

Morgan Stanley
Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With over 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

Morgan Stanley in the Middle East:
Morgan Stanley has been active in the Middle East region since the 1970s, providing a variety of investment banking, asset management and wealth management services. Recent transactions in the region include:
• Acted as Global Coordinator and Sole Structuring Advisor for the issuance of $1.55bn Notes for the Egyptian General Petroleum Corporation (EGPC)
• Acted as Joint Bookrunner for €4.8bn accelerated bookbuild offerings for KPC's Sanofi-Aventis shares in two separate transactions
• Created a consortium for Saudi Oger in its $6.55bn acquisition of the 55% stake in Turk Telecom
• Acted as Joint Bookrunner for Mashreqbank's two Floating Rate Notes offerings totalling $625m
• Currently executing as joint Bookrunner on the upcoming IPO for Showtime Arabia

For further information
Tim Harrison/Lavina Chatterjee
ASDA'A Financial
Edelman affiliate in Middle East and North Africa
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
Mark Fisher Head of Corporate Communications
Tel: +971 4 361 2220

Hugh Fraser
Corporate Communications
Morgan Stanley
Tel: +44 20 7425 3923