TABLE-Asia-Pacific ex-Japan M&A deals drop 38 pct in Q1 2012

HONG KONG, March 23 (Reuters) - Asia-Pacific ex-Japan mergers and acquisitions (M&A) values dropped 38.4 percent in the first quarter of 2012 to $92.4 billion, according to preliminary data released by Thomson Reuters. Morgan Stanley displaced Goldman Sachs as the top advisor, while Citigroup claimed No. 2 league table ranking, up from No. 14 spot same time last year. Here is a list of top 10 advisors and the top five deals in Asia-Pacific. ADVISOR RANK