[0] Dates Set for Fourth Quarter/2000 Results Announcement and Teleconference Call.

Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 23, 2001

Earnings Release - Monday, February 5, 2001

Teleconference Call 11:30 a.m. - Tuesday, February 6, 2001

Moody's Corporation, (NYSE:MCO) will release its fourth quarter results after market close on February 5, 2001. A copy of the release will be posted on Moody's Shareholder Relations site, http://ir.moodys.com.

Moody's Corporation invites you to participate in a teleconference call on Tuesday, February 6, 2001 at 11:30 a.m. (Eastern Time) to discuss its fourth quarter and 2000 full-year end earnings.

John Rutherfurd, Jr., President and Chief Executive Officer of Moody's Corporation will host the call. His remarks will be followed by a question and answer period.

Individuals can access the call by dialing [phone] within the United States and Canada, and [phone] for international callers. Please dial in to the call by 11:20 a.m. The passcode for the call is "Moody's Corporation". The call will also be audio webcast by accessing Moody's Shareholders Relations site, http://ir.moodys.com.

A replay of the teleconference call will be available immediately following the call until Midnight (Eastern Time), Monday, February 12th, for those who are unable to participate at the scheduled time. The replay can be accessed by dialing [phone] within the United States and Canada, and [phone] for International callers. The replay passcode is 112779.

For further information, please contact Rachel Berkowitz at [phone].