Morgan Stanley Income Securities Inc. today declared a monthly income dividend of $.07 per share. This represents a decrease of $.0025 per share.

RECORD DATE      PAYABLE DATE

01/20/12          01/27/12

Morgan Stanley Income Securities Inc. is a closed-end diversified management investment company which intends to invest all of its assets in fixed income securities.

The Trust's investment objective is to provide as high a level of current income as is consistent with prudent investment.

Morgan Stanley Income Securities Inc. (ICB)
Phone Number: 800-869-6397
c/o Morgan Stanley Trust FSB
Harborside Financial Center, Plaza II
Jersey City, New Jersey 07311