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July 30, 2008

Moody's Corporation Declares Quarterly Dividend

NEW YORK, Jul 30, 2008 (BUSINESS WIRE) -- On July 28, 2008, the Board of Directors of Moody's Corporation (NYSE: MCO) declared a regular quarterly dividend of $0.10 per share of MCO Common Stock. The dividend will be payable September 10, 2008 to stockholders of record at the close of business on August 20, 2008. *****

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to stable, transparent and integrated financial markets. 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, and Moody's Analytics, encompassing the growing array of Moody's non-ratings businesses including 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 for structured finance analytics. The Corporation, which reported revenue of $2.3 billion in 2007, employs approximately 3,500 people worldwide and maintains a presence in 29 countries. Further information is available at www.moodys.com.

SOURCE: Moody's Corporation

Lisa Westlake
Vice President - Investor Relations
+1 (212) 553-7179
lisa.westlake@moodys.com

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