As a result, the jury heard
allegations, instead of true facts, and Morgan Stanley was denied a
fair trial.

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Morgan Stanley statement on outcome of first stage of Sunbeam suit

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"The verdict, while disappointing, is not surprising, given the
unprecedented and highly prejudicial rulings imposed by the trial
judge ," the company said in a statement.

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Justice O'Connor was the
first woman ever to sit on the Supreme Court, and she is one of the most
admired Americans of our time, or any time. Our Nation is grateful to Justice
O'Connor for her extraordinary and dedicated public service, and Laura and I
wish her and John all the best.

arthur obtain

Sam Alito is a brilliant and fair-minded
judge who strictly interprets the Constitution and laws and does not legislate
from the bench.

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Morgan Stanley is a global financial services firm and a market
leader in securities, investment management and credit services.

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He is a man of deep character and integrity, and he will make
all Americans proud as a Justice on our highest court.

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Far from being part of the Sunbeam fraud, Morgan Stanley
was a victim of that fraud, losing $300 million when Sunbeam
collapsed, one of the many true facts that the jury was not allowed to
hear.

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Judge Alito replaces Justice Sandra Day O'Connor.

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Morgan Stanley said it has
multiple grounds on which to appeal, intends to pursue them to the
fullest extent, and is confident the decision will be reversed. "Morgan Stanley was not
permitted to defend itself on the merits."
In the second phase of the trial, the jury will consider whether
punitive damages should be assessed.

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With
more than 600 offices in 28 countries, Morgan Stanley connects people,
ideas and capital to help clients achieve their financial aspirations.

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Business Editors

NEW YORK----Morgan Stanley (NYSE:
MWD) announced that it will appeal today's verdict in the suit brought
against it by Coleman (Parent) Holdings.

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WASHINGTON, The following is a statement by
President Bush:

I am pleased that the Senate has voted to confirm Judge Sam Alito as the
110th Justice of the Supreme Court.

brian craig

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Statement by President Bush

The son of an Italian
immigrant, Judge Alito's appointment to the Supreme Court is the realization
of the American dream for this good man and his family.

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father arthur

Morgan
Stanley believes that any award of punitive damages would be
inappropriate and legally deficient .

arthur father

I congratulate Judge
Alito, his wife Martha, the Alito children, and Judge Alito's mother Rose on
this historic achievement and momentous day in the life of our country.

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Morgan Stanley requested a full
and fair hearing in that phase so the jury, for the first time, could
hear the true facts , but the trial judge denied that request.