Annuities: Variable Annuities | Variable Life
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Friday, November 21, 2008
ALFS INC
MORGAN STANLEY VARIABLE ANNUITY X

Accumulated unit value as of November 19, 2008

Fund Name Unit Price 4 Wk % Total Return 52 Wk % Total Return
Morg Stan Cap Oppty:X 59.020 -16.64 -49.95
Morg Stan Div Gro:X 21.051 -11.26 -45.23
Morg Stan Euro Eq:X 29.509 -8.77 -50.44
Morg Stan Glbl Div:X 15.713 -8.42 -47.52
Morg Stan Glbl Infr:X 25.057 -5.93 -40.75
Morg Stan HY:X 13.577 -5.95 -27.01
Morg Stan Inc Bldr:X 12.782 -5.72 -34.01
Morg Stan Income Plus:X 30.798 1.40 -14.01
Morg Stan MM:X 25.570 0.04 1.89
Morg Stan Strategist:X 37.460 -7.32 -29.51

Variable-annuity and variable-life contract quotations, updated once a week on Friday, at about 5 p.m. Eastern time, are organized alphabetically by sponsor. Subheadings indicate names of the sponsor's underlying insurance product and investment subaccounts.Click the name of a insurance product at the left to see end-of-day quotes for its investment subaccounts. Click a letter above to view a list of sponsors for that letter.These pages display accumulated unit value as of the end of Wednesday, and 4-week and 52-week total returns, without sales or redemption charges. Total expenses include management, operating and insurance-related expenses. No redemption fees are included.

Footnotes:
M-Mortality and expense risk and other asset-based insurance charges have not been deducted in calculating accumulated unit value for these funds.
Q-Qualifying IRS retirement plan.
NQ-Non-qualifying IRS retirement plan.
X-Closed to new investors.

Source: Lipper Inc.
VARIABLE ANNUITIES SPONSOR: Aa-Al






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