0001325358-07-000132 Sample Contracts

Item 77Q-1 Morgan Stanley Focus Growth Fund (the "Fund") On April 25, 2006, the Fund's Board of Trustees approved an Agreement and Plan of Reorganization dated April 25, 2006 (the "Plan") between Morgan Stanley Growth Fund ("Growth") and the Fund,...
Agreement and Plan of Reorganization • March 1st, 2007 • Morgan Stanley Focus Growth Fund

On April 25, 2006, the Fund's Board of Trustees approved an Agreement and Plan of Reorganization dated April 25, 2006 (the "Plan") between Morgan Stanley Growth Fund ("Growth") and the Fund, pursuant to which substantially all of the assets of Growth would be combined with those of the Fund and shareholders of Growth would become shareholders of the Fund receiving shares of the Fund with a value equal to the value of their holdings in Growth. The Plan is hereby incorporated by reference to Exhibit A of the Proxy Statement included in the Fund's 497 filing submitted via EDGAR on June 21, 2006.

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