PROSPECTUS Dated March 26, 1998 Pricing Supplement No. 24 to
PROSPECTUS SUPPLEMENT Registration Statement No. 333-46935
Dated April 6, 1998 Dated June 2, 1998
Rule 424(b)(3)
Morgan Stanley Dean Witter & Co.
GLOBAL MEDIUM-TERM NOTES, SERIES D
Senior Euro Fixed Rate Notes Due June 2000
------------
The Global Medium-Term Notes, Series D (Senior Euro Fixed Rate
Notes Due June 2000) 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.
Application has been made to the London Stock Exchange Limited
(the "London Stock Exchange") for the Notes to be admitted on the Official
List.
The Notes are further described under "Description of
Notes--Fixed Rate Notes" in the accompanying Prospectus Supplement, subject to
and as modified by the provisions described below.
Principal Amount: Pound Sterling 35,000,000
Maturity Date: June 8, 2000; provided that if such day is not a
Business Day, the Maturity Date will be the next
succeeding day that is a Business Day, and no
interest shall accrue for the period from and after
the Maturity Date.
Settlement and Issue
Date: June 8, 1998
Interest Accrual
Date: June 8, 1998
Issue Price: 100%
Specified Currency: Sterling
Redemption Percentage
at Maturity: 100%
Interest Rate: 8.05% times N/365, subject to the Minimum Interest
Rate. N is the number of calendar days in the
Interest Payment Period, as determined by the
Determination Agent for the Calculation Agent, on
which the 2-year mean German Mark swap rate for such
day (the "Calculation Rate"), as reported at Telerate
42280, is less than or equal to the Topside Strike
Swap Rate and greater than or equal to the Floorside
Strike Swap Rate; provided that the Calculation Rate
for a calendar day that is not a Business Day will be
the Calculation Rate for the immediately preceding
Business Day; and provided further that the
Calculation Rate for the fifth Business Day
immediately preceding an Interest Payment Date will
be the Calculation Rate for each calendar day from
and including such fifth preceding Business Day to
but excluding such Interest Payment Date. The
Interest Rate will be calculated by the Calculation
Agent.
Maximum Interest
Rate: N/A
Minimum Interest
Rate: 0.10%
Initial Redemption
Date: N/A
Initial Redemption
Percentage: N/A
Annual Redemption
Percentage
Reduction: N/A
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 June 8 and December 8, commencing
December 8, 1998 (each an "Interest Payment Date");
provided that if any such day (other than the
Maturity Date) is not a Business Day, such Interest
Payment Date will be the next succeeding day that is
a Business Day, unless such succeeding Business Day
falls in the next succeeding calendar month, in which
case such Interest Payment Date will be the
immediately preceding day that is a Business Day
Interest Payment
Period: Semi-annually
Business Days: London, New York
Agent: Morgan Stanley & Co. International Limited
Paying Agent: The Chase Manhattan Bank (London Branch)
Exchange Rate Agent: Morgan Stanley & Co. International Limited
Denominations: Pound Sterling 100,000
Common Code: 8804737
ISIN: XS0088047377
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Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY DEAN WITTER
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Other Provisions:
Interest Payment Floorside Strike Topside Strike
Period Swap Rate Swap Rate
---------------- ---------------- --------------
From and including June
8, 1998 to but excluding 3.75% 4.75%
December 8, 1998
From and including
December 8, 1998 to but 3.75% 5.00%
excluding June 8, 1999
From and including June
8, 1999 to but excluding 3.75% 5.25%
December 8, 1999
From and including
December 8, 1999 to but 3.75% 5.50%
excluding June 8, 2000
Calculation Agent: The Chase Manhattan Bank (London Branch)
Determination Agent: Morgan Stanley & Co. International Limited
