Philip Braverman Joins Moody's Corporation as Vice President - Global Tax

Moody's Corporation (NYSE: MCO) announced that Philip Braverman
has joined the corporation as Vice President - Global Tax. Mr.
Braverman will have overall responsibility for leading the global tax
department, providing strategic guidance on tax implications of
ongoing and future business activities as well as day-to-day planning
and tax compliance matters.

Mr. Braverman has over 22 years of domestic and international
experience in a variety of tax roles. Most recently, he served as Vice
President and Senior Tax Counsel at Bristol-Myers Squibb Company,
where he was the chief tax lawyer for the company responsible for
worldwide tax planning and tax legal activities. Prior to joining
Bristol-Myers Squibb, he held a number of tax positions at CPC
International Inc. /Bestfoods and worked at the law firms of Proskauer
Rose Goetz & Mendelsohn and Hughes Hubbard & Reed.

"Philip brings a wealth of experience and expertise in global tax
issues that will be a significant asset as Moody's continues to grow
both domestically and internationally," said Jay McCabe, Senior Vice
President and Corporate Controller, Moody's Corporation.

Mr. Braverman received his BA degree from the State University of
New York at Binghamton and his JD degree from Fordham University
School of Law.

Moody's Corporation (NYSE: MCO) is the parent company of Moody's
Investors Service, a leading provider of credit ratings, research and
analysis covering debt instruments and securities in the global
capital markets, Moody's KMV, a leading provider of credit risk
processing and credit risk management products for banks and investors
in credit-sensitive assets serving the world's largest financial
institutions, and Moody's Economy.com, a provider of economic research
and data services. The corporation, which reported revenue of $1.7
billion in 2005, employs approximately 3,000 people worldwide and
maintains offices in 22 countries. Further information is available at
www.moodys.com.