Moody's Corporation Declares Quarterly Dividend

The Board of Directors of Moody's Corporation (NYSE: MCO) today
declared a regular quarterly dividend of 8 cents per share of Moody's
common stock. The dividend will be payable June 10, 2007 to
shareholders of record at the close of business on May 20, 2007.

Moody's is an essential component of the global capital markets.
It provides credit ratings, research, tools and analysis that help to
protect the integrity of credit. Moody's Corporation (NYSE: MCO) is
the parent company of Moody's Investors Service, which provides credit
ratings and research covering debt instruments and securities; Moody's
KMV, a provider of quantitative credit analysis tools; Moody's
Economy.com, which provides economic research and data services, and
Moody's Wall Street Analytics, a provider of software tools and
analysis for the structured finance industry. The corporation, which
reported revenue of $2.0 billion in 2006, employs approximately 3,400
people worldwide and maintains a presence in 27 countries. Further
information is available at www.moodys.com.