The Thai Fund, Inc. Declares A Dividend

The Thai Fund, Inc. (the “Fund”) today declared the following dividend.

RECORD DATE 12/21/12

PAYABLE DATE 1/31/13

Name of Closed-End Fund		NYSE Ticker		Net Investment Income Per Share		Long-Term Capital Gains Per Share
The Thai Fund, Inc.		TTF		$0.165606		$0.248479

For more information call: 1-800-231-2608.

The amount of net investment income to be paid by the Fund is determined in accordance with federal income tax regulations. It is possible that all or a portion of the Fund’s fiscal year 2012 dividend may be a return of capital and that determination cannot yet be made.

The amount of dividends paid by the Fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.

The final determination of the source and tax characteristics of all distributions in 2012 will be made after the end of the year.

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

Morgan Stanley Investment Management, together with its investment advisory affiliates, has over 560 investment professionals around the world and $331 billion in assets under management or supervision as of September 30, 2012. MSIM 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.

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