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MORGAN STANLEY GROUP INC. ANNOUNCES PLANNED OFFERING OF 5,000,000 DEUTSCHE MARK PUT WARRANTS AND 2,500,000 DEUTSCHE MARK CALL WARRANTS

 NEW YORK, Jan. 12 /PRNewswire/ -- Morgan Stanley Group Inc. (NYSE: MS) announced today the planned offering of 5,000,000 Deutsche Mark Put Warrants and 2,500,000 Deutsche Mark Call Warrants. The term of the Warrants will be three years.
 The value of the Put Warrants will be based on decreases in the value of the German Deutsche Mark relative to the U.S. Dollar, while the value of the Call Warrants will be based on increases in the value of the Deutsche Mark relative to the Dollar.
 Application has been made to list the Warrants on the American Stock Exchange.
 The offering is being lead-managed by Morgan Stanley & Co. Incorporated and co-managed by Donaldson, Lufkin & Jenrette Securities Corporation.
 The offering will be made only by means of a prospectus. Copies of the prospectus may be obtained from Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, NY 10020, or Donaldson, Lufkin & Jenrette Securities Corporation, 140 Broadway, New York, NY 10005.
 Morgan Stanley Group Inc. is a global financial services firm with offices in New York, London, Tokyo and other principal financial centers.
 -0- 1/12/94
 /CONTACT: Edward M. Feigeles, 212-703-5034, or Scott M. Sipprelle, 212-703-6956, both of Morgan Stanley & Co. Incorporated/
 (MS)


CO: Morgan Stanley & Group Inc. ST: New York IN: FIN SU: OFR

PS -- NY019 -- 1319 01/12/94 09:51 EST
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Publication:PR Newswire
Date:Jan 12, 1994
Words:228
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