PROSPECTUS Dated March 26, 1998 Pricing Supplement No. 32 to
PROSPECTUS SUPPLEMENT Registration Statement No. 333-46935
Dated April 6, 1998 Dated June 26, 1998
Rule 424(b)(3)
Morgan Stanley Dean Witter & Co.
GLOBAL MEDIUM-TERM NOTES, SERIES E
Euro Floating Rate Senior Bearer Notes Due July 2001
-----------------------
The Global Medium-Term Notes, Series E (Euro Floating Rate Senior Bearer
Notes Due July 2001) described in this Pricing Supplement (the "Notes") will
mature on the Maturity Date. The Notes will not be redeemable at the option of
Morgan Stanley Dean Witter & Co. (the "Company") prior to the Maturity Date
other than under the circumstances described under "Description of Notes--Tax
Redemption" in the accompanying Prospectus Supplement.
The Notes will be issued only in bearer form, which form is further
described under "Description of Notes--Forms, Denominations, Exchange and
Transfer" in the accompanying Prospectus Supplement. Notes in bearer form will
not be exchangeable at any time for Notes in registered form at the option of
the holder.
The Notes are further described under "Description of Notes--Floating Rate
Notes" in the accompanying Prospectus Supplement, subject to and as modified by
the provisions described below.
Principal Amount: JPY 1,000,000,000
Maturity Date: July 23, 2001; provided that if
such day is not a Business Day,
the Maturity Date will be the next
succeeding day that is a Business
Day.
Settlement and
Issue Date: July 23, 1998
Interest Accrual Date: July 23, 1998
Issue Price: 100.00%
Specified Currency: Japanese Yen ("JPY")
Redemption Percentage
at Maturity: 100%
Base Rate: LIBOR
Reporting Service: Telerate 3750
Spread (Plus or Minus): Minus 0.07% per annum
Spread Multiplier: N/A
Alternate Rate
Spread Event: N/A
Index Currency: Japanese Yen
Index Maturity: 3 Months
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Initial Redemption Date: N/A
Initial Redemption
Percentage: N/A
Annual Redemption
Percentage Reduction: N/A
Paying Agent: The Chase Manhattan Bank
(London Branch)
Denominations: JPY 100,000,000
Common Code: 008927847
ISIN: XS0089278476
Optional Repayment
Date(s): N/A
Total Amount of OID: None
Original Yield
to Maturity: N/A
Initial Accrual
Period OID: N/A
Interest Payment Dates: Each January 23, April 23, July 23 and
October 23, commencing October 23, 1998; provided
that if any such day is not a Business Day, such
Interest Payment Date will be the next
succeeding day that is a Business Day.
Interest Payment Period: Quarterly
Initial Interest Rate: To be determined two London
Banking Days prior to the date of
issuance.
Capitalized terms not defined above have the meanings given to such
terms in the accompanying Prospectus Supplement.
MORGAN STANLEY DEAN WITTER
(Continued from previous page)
Initial Interest
Reset Date: October 23, 1998; provided that if any such day
is not a Business Day, such Initial Interest Reset
Date will be the next succeeding day that is a
Business Day.
Interest Reset Dates: Each Interest Payment Date.
Interest Reset Periods: The period from and including an
Interest Reset Date to but
excluding the immediately
succeeding Interest Reset Date.
Business Days: Tokyo, London, New York
Agent: Morgan Stanley & Co.
International Limited
Calculation Agent: The Chase Manhattan Bank
(London Branch)