Carlton Charles Joins Moody's Corporation as Vice President - Treasurer.

NEW YORK -- Moody's Corporation (NYSE: MCO) announced that Carlton Charles has joined the corporation as Vice President - Treasurer, replacing Randy Roy who retired in October. Mr. Charles will have responsibility for managing all aspects of the company's financing activities.

Mr. Charles has broad experience working in treasury at global companies including Philip Morris, Viacom, and Seagram. Prior to joining Moody's, he served as Assistant Treasurer and Director, Enterprise Risk Management for International Paper. He began his professional career in institutional sales at Dean Witter Capital Markets.

"Carlton Charles' substantial global treasury experience makes an excellent fit with our management team and will be an asset for our shareholders," says Lisa Westlake, Managing Director, to whom Mr. Charles reports.

Mr. Charles holds an MBA in finance from the University of Chicago Graduate School of Business. He also holds a BS in quantitative economics and an MS in public policy, both from the State University of New York at Stonybrook.

About Moody's Corporation

Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, and Moody's KMV, a leading provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions. The corporation, which reported revenue of $1.4 billion in 2004, employs approximately 2,700 people worldwide and maintains offices in 20 countries. Further information is available at www.moodys.com.