PROSPECTUS Dated June 2, 1997 Pricing Supplement No. 2 to
PROSPECTUS SUPPLEMENT Registration Statement No. 333-27919
Dated June 2, 1997 June 12, 1997
Rule 424(b)(3)
Morgan Stanley, Dean Witter, Discover & Co.
MEDIUM-TERM NOTES, SERIES C
Senior Fixed Rate Notes
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The Fixed Rate Notes, as further described below and in the
Prospectus Supplement under "Description of Notes--Fixed Rate Notes," will
bear interest from the date of issuance until the principal amount thereof
is paid or made available for payment at the rate set forth below.
The Fixed Rate Notes will be redeemable in whole, but not in
part, at the option of Morgan Stanley, Dean Witter, Discover & Co. (the
"Company") upon 30 to 35 calendar days notice on any July 3 or January 3,
commencing July 3, 1999.
Principal Amount: $15,000,000
Maturity Date: July 3, 2012
Settlement Date
(Original Issue Date): July 3, 1997
Interest Accrual Date: July 3, 1997
Issue Price: 100%
Specified Currency: U.S. Dollars
Redemption Percentage: 100%
Redemption Dates: Redeemable in whole, but not in part, at the
option of the Company upon 30 to 35 calendar
days notice on any July 3 or January 3,
commencing July 3, 1999
Annual Redemption
Percentage Reduction: N/A
Interest Rate: 7.45% per annum
Interest Payment
Dates: Each July 3 and January 3, commencing
January 3, 1998
Interest Payment Period: Semi-annually
Total Amount of OID: N/A
Original Yield to
Maturity: N/A
Initial Accrual Period
OID: N/A
Book Entry Note or
Certificated Note: Book Entry Note
Senior Note or
Subordinated Note: Senior Note
Agent: Morgan Stanley & Co. Incorporated
Trustee: The Chase Manhattan Bank
Minimum Denomination: $1,000
CUSIP: 61745EKN0
Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY DEAN WITTER
