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Dates Set for Moody's Earnings Release and Investor Teleconference



    Moody's Corporation, (NYSE:MCO) will release third quarter 2006
    results before the start of NYSE trading on Wednesday, October 25,
    2006. A copy of the release will be posted on Moody's Shareholder
    Relations website, http://ir.moodys.com.

    Moody's Corporation invites you to participate in a teleconference
    on Wednesday, October 25, 2006 at 9:00 AM (Eastern Time) to discuss
    its third quarter results. Raymond W. McDaniel, Jr., Chairman and CEO
    of Moody's Corporation, will host the call. His remarks will be
    followed by a question and answer period.

    Individuals within the United States and Canada can access the
    call by dialing (800) 289-0722. Other callers should dial (913)
    905-3198. Please dial in to the call by 8:50 AM (Eastern Time). The
    passcode for the call is "Moody's Corporation."

    The teleconference will also be webcast and can be accessed
    through Moody's Shareholder Relations website, http://ir.moodys.com.

    A replay of the teleconference will be available until midnight
    (Eastern Time), October 31, 2006. The replay can be accessed from
    within the United States and Canada by dialing (888) 203-1112. Other
    callers can access the replay at (719) 457-0820. The replay passcode
    is 6884319.

    For further information, please contact Rachel Berkowitz at (212)
    553-3638.