Moody's Corporation Declares Quarterly Dividend

On October 23, 2007, the Board of Directors of Moody's Corporation
(NYSE: MCO) declared a regular quarterly dividend of $0.08 per share
of Moody's common stock. The dividend will be payable December 10,
2007, to stockholders of record at the close of business on November
20, 2007.

Moody's is an essential component of the global capital markets.
The company 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 3,700 people worldwide and maintains a presence in 27
countries. Further information is available at www.moodys.com.