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Morgan Stanley Asia-Pacific Fund, Inc. Today Declared Mid-Year Distribution

    NEW YORK, June 20 /PRNewswire-FirstCall/ -- Morgan Stanley Asia-Pacific
Fund, Inc. (NYSE: APF) today declared a mid-year income dividend of $0.0036
per share of net investment income.

                   RECORD DATE      PAYABLE DATE

                    06/30/05          07/15/05

    Morgan Stanley Asia-Pacific Fund, Inc. (the "Fund") is a closed-end
management investment company seeking to achieve long-term capital
appreciation through investments primarily in equity securities of Asian-
Pacific issuers and in debt securities issued or guaranteed by Asian-Pacific
governments or governmental entities.
    The Fund's advisor is Morgan Stanley Investment Management Inc., (MSIM) a
unit of Morgan Stanley. MSIM, with over 400 investment professionals around
the world, has more than $427 billion in assets under management or
supervision as of February 28, 2005. The division offers wealth management
services to a diverse client base, which includes governments, institutions,
corporations and individuals.

    Morgan Stanley is a global financial services firm and a market leader in
securities, investment management and credit services. With more than 600
offices in 28 countries, Morgan Stanley connects people, ideas, and capital to
help clients achieve their financial aspirations.

     Contact:  Morgan Stanley Asia-Pacific Fund, Inc. (APF)
               For further information, please contact:
               Mark Kucera, JPMorgan Investor Services
               Phone Number: (617) 557-8844

               For media inquiries only, please contact:
               Chad Peterson, Morgan Stanley Investment Management
               Phone Number: (212) 762-9612


SOURCE Morgan Stanley Asia-Pacific Fund, Inc.




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CONTACT:
Investors, Mark Kucera of JPMorgan Investor
Services for Morgan Stanley Asia-Pacific Fund, Inc.,
+1-617-557-8844, Media, Chad Peterson of Morgan Stanley
Investment Management, +1-212-762-9612