Earnings Release: Wednesday, October 29, 2008

Teleconference: 11:30 AM (Eastern Time) on Wednesday, October 29, 2008

Moody's Corporation (NYSE: MCO) will release third quarter 2008 results before the start of NYSE trading on Wednesday, October 29, 2008. 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 29, 2008 at 11:30 AM (Eastern Time) to discuss its third quarter results. Raymond W. McDaniel, Jr., Chairman and Chief Executive Officer of Moody's Corporation and Linda S. Huber, Executive Vice President and Chief Financial Officer of Moody’s Corporation, will jointly host the call. Their 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 11:20 AM (Eastern Time). The passcode for the call is “Moody’s Corporation.”

The teleconference will also be webcast with an accompanying slide presentation and can be accessed through Moody's Shareholder Relations website, http://ir.moodys.com under “Featured Events”, until midnight (Eastern Time), November 12, 2008.

A replay of the teleconference will be available from 4:00 PM (Eastern Time), October 29, 2008 until midnight (Eastern Time), November 12, 2008. 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 confirmation code is 6994440.

For further information, please contact Michelle Rodda at (212) 553-4857.

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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.

Moody's Corporation
Lisa Westlake
Vice President
Investor Relations
(212) 553-7179
lisa.westlake@moodys.com