FinanceAsia Achievement Awards 2000 - Best Natural Resources House

For the purposes of this award we have included such sectors as oil and gas, power, pulp and paper, and steel. It is essentially an old economy award. It is awarded to Morgan Stanley Dean Witter because, while all other banks were throwing everything at technology and the new economy, Morgan Stanley kept a strong and clear focus on some of the old economy sectors. As a result of this, it thrived in Asia where some of the largest and most groundbreaking deals of the year were in the old economy sectors. The deals it has done have stood their own ground. And the companies the firm has worked for have benefited from the strategic advice they have received from Morgan Stanley.