PROSPECTUS Dated January 24, 1997 Pricing Supplement No. 7 to
PROSPECTUS SUPPLEMENT Registration Statement No. 333-18005
Dated January 24, 1997 February 21, 1997
Rule 424(b)(3)
Morgan Stanley Group Inc.
MEDIUM-TERM NOTES, SERIES C
Senior Floating Rate Notes
The Medium-Term Notes, Series C (Senior Floating Rate Notes)
described in this Pricing Supplement (the "Notes") will mature on the Maturity
Date and will not be redeemable at the option of Morgan Stanley Group Inc.
prior to the Maturity Date. The Notes are further described under
"Description of Notes--Floating Rate Notes" in the accompanying Prospectus
Supplement, except that to the extent the terms described below are
inconsistent with such description, the terms described below shall control.
Principal Amount: $100,000,000
Maturity Date: February 26, 1999; provided that if such day is not a
Business Day, the payment of principal and interest will be
made on the next succeeding Business Day, and no interest on
such payment shall accrue for the period from and after the
Maturity Date
Interest Accrual
Date: February 26, 1997
Interest Payment
Dates: Each February 26,
May 26, August 26 and
November 26, commencing May 26, 1997; provided that the
final Interest Payment Date will be the Maturity Date.
If any such day (other than the Maturity Date) is not a
Business Day, such Interest Payment Date will be the next
succeeding Business Day, except that if such Business Day
is in the next succeeding calendar month, such Interest
Payment Date shall be the next preceding day that is a
Business Day
Initial Interest Rate: To be determined 2 London Banking days prior to the
date of issuance
Base Rate: LIBOR
Index Maturity: 3 Months
Spread (Plus or Minus): Plus .04%
Minimum
Denomination: $1,000
Interest Payment
Period: Quarterly
Specified Currency: U.S. Dollars
Issue Price: 100%
Settlement Date
(Original Issue
Date): February 26, 1997
Initial Interest Reset
Date: May 26, 1997, or if such day is not a Business Day,
the next succeeding Business Day, except that if
such Business Day is in the next succeeding
calendar month, such Initial Interest Reset Date
shall be the next preceding day that is a Business
Day
Interest Reset Dates: Same as Interest
Payment Dates
Interest Reset Period: Quarterly
Interest Determination
Dates: Two London Banking
Days prior to each
Interest Reset
Date
Reporting Service: Telerate (Page 3750)
Book Entry Note or
Certificated Note: Book Entry Note
Senior Note or
Subordinated Note: Senior Note
Calculation Agent: The Chase Manhattan Bank
CUSIP: 61745EJU6
Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY & CO.
Incorporated
