Exhibit 99.2

News

FOR IMMEDIATE RELEASE

Contact:
Frances G. Laserson
Vice President
Corporate Communications
+1-212-553-7758
fran.laserson@moodys.com
------------------------

Michael D. Courtian
Vice President
Investor Relations and Corporate Finance
+1-212-553-7194
michael.courtian@moodys.com
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               Moody's Corporation Names Raymond W. McDaniel, Jr.
                      Chairman and Chief Executive Officer

New York, April 26, 2005 -- The board of directors of Moody's Corporation (MCO)
elected Raymond W. McDaniel, Jr. as Chairman and Chief Executive Officer of
Moody's Corporation at a meeting today. Mr. McDaniel, age 47, succeeds John
Rutherfurd, Jr., age 65, who, as planned, retired as Chairman and Chief
Executive Officer of Moody's Corporation following the company's annual
shareholders' meeting held earlier today.

"Ray McDaniel has a proven record of accomplishment over many years at Moody's,"
said Henry A. McKinnell, Jr., Ph.D., Chairman, Governance and Compensation
Committee of the Moody's Corporation Board of Directors. "His success in growing
the core ratings and research business, international expansion, new product
introductions, improving professional practices and helping to lead the company
to record levels of financial performance, make him an ideal successor."

"On behalf of employees and shareholders, I want to thank John Rutherfurd for
his ten years of service at Moody's, and for the exceptional financial and
professional performance of the company under his leadership," said Mr.
McDaniel. "I look forward to continuing to build on the culture of success that
John has instilled in the company, and to extending Moody's efforts to
contribute to market efficiency and investor protection in capital markets
around the world."

Mr. McDaniel has served as the company's President since October 2004 and the
company's Chief Operating Officer since January 2004. He also has served as
President of Moody's Investors Service since November 2001. Prior to that, Mr.
McDaniel served as Senior Managing Director, Global Ratings and Research, of
Moody's Investors Service from November 2000 to November 2001, and as Managing
Director, International, from 1996 to November 2000.

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 2,500 people worldwide and maintains offices in
18 countries. Further information is available at www.moodys.com.


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