Moody´s to Acquire Financial Projections´ Credit Training Business

Moody´s Analytics, a division of Moody´s Corporation (NYSE: MCO),
today announced that it has acquired Financial Projections Limited, a
UK-based provider of credit training services. Terms of the
transaction are not being disclosed.

Financial Projections is a leading provider of in-house credit
training services, with long-standing relationships among European
banks and a strong reputation within the industry. Financial
Projections will operate as a part of Moody´s Credit Training
Services, which provides extensive credit training and continuing
education services comprising seminars (both in-house and open
enrollment), e-learning and workbooks to customers worldwide.

"In the wake of recent developments in the credit markets, our
customers are seeking to enhance their credit skills and processes. As
a result, there is strong demand for Moody´s credit training
capabilities, and Financial Projections enables us to further expand
our product offering and customer coverage," said Dan Russell,
Executive Director and head of the credit training practice within
Moody´s Analytics.

Clive Humphrey of Financial Projections added, "We believe that
Moody´s is a great fit for Financial Projections, not only because of
its focus on fundamental credit analysis, but also because Financial
Projections will be able to offer a wider range of services to our
customers on a global basis."

About Moody´s Corporation

Moody´s is an essential component of the global capital markets,
providing credit ratings, research, tools and analysis that help
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 supplier of quantitative credit analysis tools; Moody´s
Economy.com, which produces economic research and data services; and
Moody´s Wall Street Analytics, a maker of analytical software for the
structured finance markets. The corporation, which reported revenue of
$2.0 billion in 2006, employs approximately 3,600 people worldwide and
maintains a presence in 27 countries. Further information is available
at www.moodys.com.