GEM - Cancellation Notice

REPORT OF THE BOARD OF THE IRISH

STOCK EXCHANGE

CANCELLATION NOTICE

Irish Stock Exchange

28 Anglesea Street

Dublin 2

27th May 2016

Listing and trading of the under mentioned security has been cancelled with effect from 26th May 2016.

MORGAN STANLEY B.V.

Series D2087

Issue of 300000 Share Securities (Certificates) linked to Orange SA due 26 May 2016  XS1241184339

Series D2089

Issue of 600000 Share Securities (Certificates) linked to Cie de Saint - Gobain due 26 May 2016  XS1241150272

Series D2088

Issue of 1000000 Share securities (Certificates) linked to NN Group NV due 26 May 2016  XS1241150942

Debt Security - Global Exchange Market

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.