Raymond W. McDaniel, Jr. is Chairman and Chief Executive Officer of Moody's Corporation. In this role, Mr. McDaniel is responsible for all activities of the corporation and its two operating divisions: Moody's Investors Service, the credit rating agency; and Moody's Analytics.

Mr. McDaniel has held a variety of positions since joining the firm in 1987. He was named President of Moody's Investors Service in November 2001. He was promoted to Executive Vice President of the corporation and was elected to its board of directors in April 2003. Mr. McDaniel was appointed Chief Operating Officer of Moody's Corporation in January 2004, and was named President of the corporation in October 2004. He assumed responsibility as Chairman and Chief Executive Officer in April 2005.

During his tenure, Mr. McDaniel has helped lead the company to record levels of financial performance and implemented important enhancements to Moody's ratings practices. Some of these initiatives include growing the core ratings and research business globally, implementing international expansion and new products, and improving professional practices in the ratings business by enhancing credit policies, rating committee processes, and credit research capabilities.

In his earlier days with the firm, Mr. McDaniel served as Senior Managing Director for Global Ratings & Research. He was Managing Director for International, with responsibility for designing and managing regional expansion in Asia, Europe and the Americas.

Mr. McDaniel also served as Managing Director for Moody's Europe, based in London. In that capacity, he was responsible for managing all business and rating activities for Moody's in the region. He began his Moody's career as a Senior Analyst in the Asset Securitization department in New York.

Mr. McDaniel holds a J.D. from Emory University School of Law and a B.A. in political science from Colgate University. He was admitted to the Bar of the State of New York in 1984, and is a member of the board of directors of John Wiley & Sons, Inc. and the National Council on Economic Education.

Holdings: 161,778 shares     View Transactions
Date	Type	Shares Traded	Price Range
May 7, 2009	Option Execute	18,337	14.06
May 6, 2009	Automatic Sell	51,000	31.03 - 31.50
May 6, 2009	Option Execute	81,663	14.06
May 6, 2009	Automatic Sell	30,663	31.05 - 31.37
May 5, 2009	Option Execute	17,730	14.06
May 4, 2009	Automatic Sell	82,070	30.00
May 4, 2009	Option Execute	82,070	14.06
Apr 30, 2009	Automatic Sell	200	30.00
Apr 30, 2009	Option Execute	200	14.06
Apr 13, 2009	Automatic Sell	83,860	24.84
Apr 13, 2009	Option Execute	83,860	10.71 - 10.99
Mar 2, 2009	Disposition (Non Open Market)	3,289	17.11
Mar 3, 2008	Disposition (Non Open Market)	8,960	37.20
May 29, 2007	Sell	37,150	70.00 - 70.10
May 29, 2007	Option Execute	37,150	9.04 - 12.89
Apr 17, 2007	Sell	37,150	70.00
Apr 17, 2007	Option Execute	37,150	9.04 - 12.89
Mar 1, 2007	Disposition (Non Open Market)	8,799	64.84
Feb 12, 2007	Acquisition (Non Open Market)	32,052	n/a
Feb 9, 2007	Disposition (Non Open Market)	1,652	74.46
Nov 20, 2006	Sell	8,800	68.61 - 69.07
Nov 20, 2006	Option Execute	13,674	10.74
Nov 20, 2006	Sell	4,874	69.08 - 69.39
Aug 28, 2006	Sell	1,874	59.68 - 59.79
Aug 28, 2006	Sell	11,800	59.02 - 59.67
Aug 28, 2006	Option Execute	13,674	10.74
Jun 5, 2006	Sell	1,300	52.70 - 52.80
Jun 5, 2006	Sell	14,085	52.38 - 52.69
Jun 5, 2006	Option Execute	15,385	8.08 - 8.44
Mar 6, 2006	Sell	15,385	67.40 - 67.73
Mar 6, 2006	Option Execute	15,385	8.08
Mar 1, 2006	Disposition (Non Open Market)	4,500	67.72
Feb 9, 2006	Disposition (Non Open Market)	3,106	63.30
Feb 8, 2006	Acquisition (Non Open Market)	36,094	n/a

Darrell Duffie, age 54, is a member of the Audit and Governance and Compensation Committees of the Board of Directors. Dr. Duffie is the Dean Witter Distinguished Professor in Finance at Stanford University's Graduate School of Business, and has been a member of the finance faculty at Stanford since 1984. He has authored numerous books and research articles on security markets, derivatives, credit risk management and other topics in finance and related fields. Dr. Duffie is a member of The Federal Reserve Bank of New York Financial Advisory Roundtable, a Fellow of the Econometric Society and the American Academy of Arts & Sciences, and is the President-elect of the American Finance Association. Dr. Duffie is also a director of iShares, a family of Exchange Traded Funds (ETFs) from Barclays Global Investors.

Holdings: 6,075 shares     View Transactions
Date	Type	Shares Traded	Price Range
Sep 14, 2009	Acquisition (Non Open Market)	18	24.93
Mar 10, 2009	Acquisition (Non Open Market)	25	18.04
Feb 10, 2009	Acquisition (Non Open Market)	4,533	n/a
Oct 28, 2008	Statement of Ownership	0	n/a
Oct 28, 2008	Acquisition (Non Open Market)	1,499	n/a

Ewald Kist, age 63, is Chairman of the International Business Development Committee and is a member of the Audit and Governance and Compensation Committees of the Board of Directors. Mr. Kist was Chairman of ING Groep N.V ("ING Group"), a financial services company, from 2000 to his retirement in June 2004. Before serving as Chairman of ING Group, Mr. Kist was Vice Chairman from 1999 to 2000 and served as a member of the Executive Board from 1993 to 1999. Prior to the merger of Nationale Nederlanden and NMB Postbank Group to form ING Group in 1992, Mr. Kist served in a variety of capacities at Nationale Nederlanden beginning in 1969, including Chairman from 1991 to 1992, General Management – the Netherlands from 1989 to 1991 and President Nationale Nederlanden US Corporation from 1986-1989. Mr. Kist is also a director of The DSM Corporation, Stage Entertainment, Inc. and Royal Philips Electronics.

Holdings: 14,485 shares     View Transactions
Date	Type	Shares Traded	Price Range
Feb 10, 2009	Acquisition (Non Open Market)	4,533	n/a
Feb 12, 2008	Acquisition (Non Open Market)	3,021	n/a
Feb 12, 2007	Acquisition (Non Open Market)	1,582	n/a
Feb 8, 2006	Acquisition (Non Open Market)	1,585	n/a

Henry A. McKinnell, Jr., age 64, is Chairman of the Governance and Compensation Committee, is a member of the Audit Committee and serves as the Lead Independent Director of the Board of Directors. Dr. McKinnell served as Chairman of the Board of Pfizer Inc. from May 2001 to December 2006 and Chief Executive Officer from January 2001 to July 2006. He served as President of Pfizer Inc from May 1999 to May 2001, and as President of Pfizer Pharmaceuticals Group from January 1997 to April 2001. Dr. McKinnell served as Chief Operating Officer of Pfizer Inc from May 1999 to December 2000, and as Executive Vice President from 1992 to 1999. He serves as a director of Angiotech Pharmaceuticals, Inc.

Holdings: 54,361 shares     View Transactions
Date	Type	Shares Traded	Price Range
Sep 29, 2009	Option Execute	10,000	10.99
Sep 14, 2009	Acquisition (Non Open Market)	84	24.93
Jun 10, 2009	Acquisition (Non Open Market)	56	29.10
Mar 10, 2009	Acquisition (Non Open Market)	115	18.04
Feb 10, 2009	Acquisition (Non Open Market)	4,533	n/a
Dec 10, 2008	Acquisition (Non Open Market)	72	22.41
Nov 6, 2008	Option Execute	6,000	11.06
Sep 10, 2008	Acquisition (Non Open Market)	42	39.02
Jun 10, 2008	Acquisition (Non Open Market)	42	39.59
Mar 10, 2008	Acquisition (Non Open Market)	44	35.50
Feb 12, 2008	Acquisition (Non Open Market)	3,021	n/a
Dec 10, 2007	Acquisition (Non Open Market)	25	40.97
Oct 30, 2007	Option Execute	6,360	10.74
Sep 10, 2007	Acquisition (Non Open Market)	23	44.15
Jun 11, 2007	Acquisition (Non Open Market)	16	68.45
Mar 12, 2007	Acquisition (Non Open Market)	16	65.01
Feb 12, 2007	Acquisition (Non Open Market)	1,582	n/a
Dec 11, 2006	Acquisition (Non Open Market)	12	69.96
Sep 13, 2006	Acquisition (Non Open Market)	12	62.98
Jun 12, 2006	Acquisition (Non Open Market)	15	52.51
Mar 13, 2006	Acquisition (Non Open Market)	11	67.57
Feb 8, 2006	Acquisition (Non Open Market)	1,585	n/a

John K. Wulff, age 58, is Chairman of the Audit Committee and is a member of the Governance and Compensation Committee of the Board of Directors. Mr. Wulff served as non-executive chairman of the board of Hercules Incorporated, a manufacturer and supplier of specialty chemical products, from December 2003 through December 2008. Mr. Wulff was first elected as a director of Hercules in July 2003, and served as interim Chairman from October 2003 to December 2003. Mr. Wulff served as a member of the Financial Accounting Standards Board from July 2001 until June 2003. From January 1996 until March 2001, Mr. Wulff was Chief Financial Officer of Union Carbide Corporation. During his 14 years with Union Carbide, Mr. Wulff also served as Vice President and Principal Accounting Officer from January 1989 to December 1995, and Controller from July 1987 to January 1989. From April 1977 until June 1987, Mr. Wulff was a partner with KPMG and predecessor firms (accounting and consulting firms). Mr. Wulff is a director of Celanese Corporation and Sunoco, Inc.

Holdings: 22,557 shares     View Transactions
Date	Type	Shares Traded	Price Range
Sep 14, 2009	Acquisition (Non Open Market)	62	24.93
Jun 10, 2009	Acquisition (Non Open Market)	38	29.10
Mar 10, 2009	Acquisition (Non Open Market)	85	18.04
Feb 10, 2009	Acquisition (Non Open Market)	4,533	n/a
Dec 10, 2008	Acquisition (Non Open Market)	50	22.41
Sep 10, 2008	Acquisition (Non Open Market)	28	39.02
Jun 10, 2008	Acquisition (Non Open Market)	28	39.59
Mar 10, 2008	Acquisition (Non Open Market)	30	35.50
Feb 12, 2008	Acquisition (Non Open Market)	3,021	n/a
Dec 10, 2007	Acquisition (Non Open Market)	15	40.97
Sep 10, 2007	Acquisition (Non Open Market)	14	44.15
Aug 14, 2007	Buy	5,000	50.00
Jun 11, 2007	Acquisition (Non Open Market)	9	68.45
Mar 12, 2007	Acquisition (Non Open Market)	10	65.01
Feb 12, 2007	Acquisition (Non Open Market)	1,582	n/a
Dec 11, 2006	Acquisition (Non Open Market)	7	69.96
Sep 13, 2006	Acquisition (Non Open Market)	6	62.98
Jun 12, 2006	Acquisition (Non Open Market)	8	52.51
Mar 13, 2006	Acquisition (Non Open Market)	6	67.57
Feb 8, 2006	Acquisition (Non Open Market)	1,585	n/a