The Thai Fund, Inc. Announces Additional Information Regarding Liquidation of the Fund

NEW YORK–(BUSINESS WIRE)–The Thai Fund, Inc. (NYSE:TTF) (the “Fund”) announced today that it will
close its share register books at the close of business on January 19,
2018 (the “Effective Date”) and that trading of the Fund’s stock on the
NYSE will be suspended before the market opens on January 22, 2018. The
proportionate interests of stockholders in the assets of the Fund shall
be fixed on the basis of their respective holdings at the close of
business on the Effective Date, and the Fund expects to make a final
liquidating distribution to stockholders as of the Effective Date on or
about January 26, 2018.

The Fund is a non-diversified, closed-end management investment company
that seeks long-term capital appreciation through investment primarily
in equity securities of companies organized under the laws of the
Kingdom of Thailand.

Morgan Stanley Investment Management, together with its investment
advisory affiliates, has more than 581 investment professionals around
the world and $447 billion in assets under management or supervision as
of September 30, 2017. Morgan Stanley Investment Management strives to
provide outstanding long-term investment performance, service and a
comprehensive suite of investment management solutions to a diverse
client base, which includes governments, institutions, corporations and
individuals worldwide. For further information about Morgan Stanley
Investment Management, please visit www.morganstanley.com/im.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm
providing investment banking, securities, wealth management and
investment management services. With offices in more than 42 countries,
the Firm’s employees serve clients worldwide including corporations,
governments, institutions and individuals. For more information about
Morgan Stanley, please visit www.morganstanley.com.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the
securities in any state in which such offer, solicitation or sale would
be unlawful under the securities laws of any such state.

Investing involves risk and it is possible to lose money on any
investment in the Fund.

Contacts

The Thai Fund, Inc.
800.231.2608