Morgan Stanley Asia-Pacific Fund

Tender Price: 
$16.65
Ticker: 
APF
Last Trade: 
$14.4
Potential Gain: 
15.625%
Potential Gain Max: 
-100.00%
Tender amount: 
Up to 5% of outstanding shares
Expires: 
Nov 14 2011 - 23:59
Financing: 
cash on hand
Phase: 
Completed

Notes:

Morgan Stanley Asia-Pacific Fund, Inc. (the "Fund") is offering to purchase up to 5% of its outstanding Shares, or 1,084,594 of its outstanding Shares of Common Stock, for cash at a price per Share equal to 98% of the per Share net asset value ("NAV") as of the close of regular trading on the New York Stock Exchange ("NYSE") on November 15, 2011 (or, if the Offer is extended, on the following business day after the date to which the Offer is extended) (the "Pricing Date") upon specified terms and subject to conditions as set forth in the Offer documents.

Odd Lot Provision: If more than 1,084,594 Shares are duly tendered pursuant to the Offer (and not withdrawn as provided in Section 4), unless the Fund determines not to purchase any Shares, the Fund will purchase Shares from tendering Stockholders, in accordance with the terms and conditions specified in the Offer, on a pro rata basis (disregarding fractions), in accordance with the number of Shares duly tendered by or on behalf of each Stockholder (and not so withdrawn); however, the Fund will accept all Shares tendered by any Stockholder who owns, beneficially or of record, an aggregate of not more than 99 Shares and who tenders all such Shares by means of the Letter of Transmittal tendered by or on behalf of that Stockholder.

Preliminary Results: "Based upon current information, approximately 10,922,933 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery. Based on this preliminary information, the pro-ration for each tendering stockholder is estimated to be 9.93 percent of the shares properly tendered."

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