X0201 4 2003-11-20 0 0000895421 MORGAN STANLEY MWD 0001183833 HOCHSCHILD ROGER C MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 0 1 0 0 Chief Strategic/Admin Officer Employee Stock Option (Right to Buy) 53.02 2003-11-20 4 A 0 130148 0 A 2014-01-02 Common Stock 130148 130148 D Options are exercisable upon vesting. Vesting occurs in five equal installments beginning on January 2, 2005. Shares received upon exercise of options generally may not be sold for five years from grant date and thereafter are subject to certain further restrictions based upon the age of the reporting person. Charlene R. Herzer, Attorney-In-Fact 2003-11-24