COMMON STOCK Ticker Symbol: MWD The common stock of Morgan Stanley Dean Witter & Co. is listed on the New York Stock Exchange and on the Pacific Exchange. DIVIDENDS Effective January 2000, Morgan Stanley Dean Witter & Co.'s Board of Directors increased the quarterly cash dividend to $0.20 per share of common stock. INDEPENDENT AUDITORS Deloitte & Touche LLP Two World Financial Center New York, NY 10281 212-436-2000 SHARE PURCHASE AND DIVIDEND REINVESTMENT PLAN & STOCKHOLDER SERVICES Morgan Stanley Trust FSB is the Record Keeper for the Share Purchase and Dividend Reinvestment Plan and the Transfer Agent for the Company's common stock. For more information about the plan or assistance with address changes, lost stock certificates and share ownership, contact: Morgan Stanley Trust FSB Harborside Financial Center, Plaza Two Jersey City, NJ 07311-3977 800-622-2393 ANNUAL REPORT ON FORM 10-K AND STOCKHOLDER INQUIRIES General information about the Company and copies of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission can be obtained at: Online: HTTP://WWW.morganstanley.com Stockholder Helpline: 800-733-2307 INVESTOR RELATIONS Security analysts, portfolio managers and representatives of financial institutions seeking information about the Company are invited to contact: Investor Relations: 212-762-8131 CUSTOMER SERVICE PHONE NUMBERS Private Client Group Branch Office Locator: 1-877-937-Morgan Stanley Morgan Stanley Online: 1-800-688-6896 AAA Client Services: 1-800-869-DEAN Morgan Stanley Client Services: 1-888-454-DWOL Asset Management Morgan Stanley Family of Funds: 1-800-869-FUND Morgan Stanley Institutional / MAS Funds: 1-800-548-7786 Morgan Stanley Closed End Funds: 1-800-221-6726 Van Kampen Funds: 1-800-341-2911 Discover Financial Services Discover Card Services: 1-800-347-2683 ©1999 Morgan Stanley Dean Witter & Co. All Rights Reserved. Additional copyright information also applies.