Moody's Corporation Declares Quarterly Dividend

The Board of Directors of Moody's Corporation (NYSE: MCO) has
approved a 14% increase in the Company's regular quarterly cash
dividend payable March 10, 2007 to shareholders of record at the close
of business on February 20, 2007. The quarterly dividend will be
increased to 8 cents per share from the previous level of 7 cents per
share.

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.