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RULE 424(b)(3)
REGISTRATION NO. 333-7947
33-89748
33-60734
33-57202
PROSPECTUS SUPPLEMENT
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
On May 31, 1997, Dean Witter, Discover & Co. and Morgan Stanley Group Inc.
consummated their previously announced merger. Dean Witter, Discover & Co. is
the surviving corporation in the merger and will continue its corporate
existence under the name "Morgan Stanley, Dean Witter, Discover & Co." (the
"Company").
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Dean Witter Reynolds Inc. ("DWR"), Morgan Stanley & Co. Incorporated ("MS &
Co."), Morgan Stanley International Limited ("MSIL") and Dean Witter
International Ltd. ("DWIL") are wholly-owned subsidiaries of the Company. The
accompanying Prospectus and Prospectus Supplement may be used by DWR, MS &
Co., MSIL, DWIL and other affiliates of the Company in connection with offers
and sales of the securities described therein in the course of their
businesses as broker-dealers. DWR, MS & Co., MSIL, DWIL and such other
affiliates may act as principal or agent in such transactions. Such sales, if
any, will be made at varying prices related to prevailing market prices at the
time of sale or otherwise. None of DWR, MS & Co., MSIL, DWIL or any such other
affiliates are obligated to make a market and may discontinue any market-
making activities at any time without notice.
JUNE 2, 1997
