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Rule 497(d)
Reg. No. 333-84651
SUPPLEMENT TO PROSPECTUS
MORGAN STANLEY DEAN WITTER SELECT EQUITY TRUST
SELECT 5 INDUSTRIAL PORTFOLIO 99-5
DATED OCTOBER 26, 1999
The following changes to the Dow Jones Industrial Average
(DJIA) were announced today, effective November 1, 1999. The
stock of Chevron, Sears Roebuck & Company, Union Carbide and
Goodyear Tire and Rubber Co. will be deleted from the DJIA and
the stock of Microsoft Corp., Intel Corp., Home Depot Inc.,
and SBC Communications will be added to the DJIA. Investors
should note that the portfolio of the above-captioned trust
will remain as disclosed in the prospectus and will not be
changed to reflect the announced changes. Additional units
created will reflect the securities in the trust as of October
26, 1999.