N@N

The Malaysia Fund, Inc. Announces Amendment to Discount Management Policy

^{Published on 2011-04-07 21:00:32 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Board of Directors of The Malaysia Fund, Inc. (NYSE: MAY) (the aFunda) approved an amendment to the Funda™s Discount Management Policy, which is designed to attempt to narrow the trading discounts for the Fund (the aPolicya). The Policy, as amended, requires the Fund to conduct up to four consecutive, semi-annual tender offers, each to purchase up to 5 percent of the Funda™s outstanding shares of common stock for cash at a price equal to 98 percent of its net asset value per share as of the close of trading on the New York Stock Exchange on the day after the date on which the tender offer expires, if the Funda™s shares trade at an average discount of at least 10 percent over a 12-week period. The amended Policy no longer includes a condition relating to the Funda™s average trailing 18-month premium/discount. The amended Policy is intended to be responsive to the concerns of Fund stockholders. The first 12-week measurement period under the amended Policy will commence April 11, 2011. For the 12-week period ended April 1, 2011, the Funda™s average discount was 9.81 percent.

The Board of the Fund will continue to periodically monitor whether any additional action with respect to the Fund's trading discount is necessary and in the best interests of the Fund and its stockholders.

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 700 investment professionals around the world and approximately $279 billion in assets under management or supervision as of December 31, 2010. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firma™s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 42 countries. For further information about Morgan Stanley, please visit [ www.morganstanley.com ].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful under the securities laws of any such state.