Filed pursuant to Rule 433
Registration Statement No. 333-131266
Relating to Preliminary Pricing Supplement No. 92
dated August 7, 2006

GLOBAL MEDIUM-TERM NOTES,SERIES F
Senior Notes

Pricing Sheet – August 9, 2006

Commodity-Linked Capital Protected Notes due August 14, 2009
Based on the Performance of a Basket of Four Commodities and a Commodity Index

Issue Price	:	$10
Aggregate Principal Amount	:	$9,948,000

Basket Commodity	:	Initial Strike Price	Reuters Page	Basket Weighting
Goldman Sachs Commodity
Agricultural Index® - Excess Return	:	59.83132	GSCK	40%
High Grade Primary Aluminum	:	2522.00	MTLE	15%
Copper – Grade A	:	7910.00	MTLE	15%
Primary Nickel	:	27895.00	MTLE	15%
Special High-Grade Zinc	:	3435.00	MTLE	15%

Participation Rate		:	120%
Valuation Date		:	August 7, 2009
Trade Date		:	August 9, 2006
Settlement Date		:	August 16, 2006
Listing		:	None
CUSIP		:	61747S728
Agent		:	Morgan Stanley & Co. Incorporated
Agent’s Commissions		:	$0.20 per Note
	The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-584-6837.
	“GSCI®” is a registered mark of Goldman Sachs & Co., and has been licensed for use by Morgan Stanley. The Notes are not sponsored, endorsed, sold or promoted by GS & Co. and GS & Co. makes no representation regarding the advisability of investing in the Notes.
	Preliminary Pricing Supplement No. 92 dated August 7, 2006 Prospectus Supplement dated January 25, 2006 Prospectus dated January 25, 2006