Epstein Secrets

or any damages of any kind relating to such =ata. This material may not be redistributed without the prior =ritten consent of Morgan Stanley. Hao =ang Morgan Stanley I Fixed =ncome Division 20 Bank Street I Canary =hart Floor 02 London, E14 =AD Phone: +44 20 =425-5848 [email protected] Be carbon cons

se =estroy all electronic and paper copies and notify the sender =mmediately. Mistransmission is not intended to waive confidentiality or =rivilege. Morgan Stanley reserves the right, to the extent permitted =nder applicable law, to monitor electronic communications. This message =s subject to terms available a

a. This material may not be redistributed without the prior =ritten consent of Morgan Stanley. Hao =ang Morgan Stanley I Fixed =ncome Division 20 Bank Street I Canary =hart Floor 02 London, E14 =AD Phone: +44 20 =425-5848 [email protected] Be carbon conscious. Please consider our environment b

o Merck & Co., Inc. (MRK. MRK US) Price Chart lee 90 — 72 PriceIS) es 36—' Is - 0 rice charts, are available for compendium reports and all Morgan- calling 1-800477-0406, ore-mailing with your request. Morgan's Strategy, Technical, and Quantitative Research teams may an. For important disclosu

ulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England & Wales No. 27 I I006. Registered Office 25 Bank Street, London. El4 5JP. South Africa: M. Morgan Equities South Africa Proprietary Limited is a member of the Johannesburg Securities Exchange and is regul

ny generates earnings. Disclosure Section The information and opinions in Morgan Stanley Research were prepared by Morgan Stanley & Co. LLC. and/or Morgan Stanley MIR S.A.. C M and/or Morgan Stanley Mexico. Casa de Bolsa. S.A. de V.. ' gan Stanley Canada Limited. used in this disclosure sec ion, Morgan Stan

Morgan Stanley MORGAN STANLEY RESEARCH The Americas 1585 Broadway New York. NY 10036-8293 United States Tel: +1 (1) 212 761 4000 Europe 20 Bank Street. Canary Wharf London E14 4AD United Kingdom Tel: +44 (0) 20 7 425 8000 Japan 1-9-7 Otemachi. Chiyoda-ku Tokyo 100-8104 Japan Tel: +81 (0) 3 6

ny generates earnings. Disclosure Section The information and opinions in Morgan Stanley Research were prepared by Morgan Stanley & Co. LLC. and/or Morgan Stanley MIR S.A.. and/or Morgan Stanley Mexico. Casa de Boise. S.A. de C.V.. ' gan Stanley Canada Limited. As used in this disclosure sec ion, Morgan Stanle

Morgan Stanley MORGAN STANLEY RESEARCH The Americas 1585 Broadway New York. NY 10036-8293 United States Tel: +1 (1) 212 761 4000 Europe 20 Bank Street. Canary Wharf London E14 4AD United Kingdom Tel: +44 (0) 20 7 425 8000 Japan 1-9-7 Otemachi. Chiyoda-ku Tokyo 100-8104 Japan Tel: +81 (0) 3 6