Company: CAF
Filing Date: 2025-07-02
Form Type: SC TO-C
Source: 0001104659-25-064847
Chunk: 3

Company: Morgan Stanley China A Share Fund, Inc.
Filing Date: 2025-07-02
Form: SC TO-C
Chunk 3
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 repatriate capital
gains and income out of China. Upon commencement of a Tender Offer, the Fund expects to temporarily suspend any purchases of shares in
the open market pursuant to the Program until at least 10 business days after the termination of the Tender Offer, as required by the
Securities Exchange Act of 1934, as amended.

The Fund is a non-diversified, closed-end management investment company
that seeks capital growth by investing, under normal circumstances, at least 80% of its assets in A-shares of Chinese companies listed
on the Shanghai and Shenzhen Stock Exchanges. The Fund’s shares are listed on the NYSE under the symbol “CAF”.

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment
advisory affiliates, has more than 1,400 investment professionals around the world and $1.6 trillion in assets under management or supervision
as of March 31, 2025. 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 is a leading global financial services firm providing
investment banking, securities, wealth management and investment management services. With offices in 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.

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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.

Morgan Stanley Investment Management does not provide tax advice. Investors should always consult a legal or tax professional for information concerning their individual situation.

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

Media Relations:

Colleen McElhinney

617.672.8995