Market Overview

Moody's Acquires Omega Performance, Enhances Online Credit Training Platform

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Moody's Corporation (NYSE:MCO) announced today that it has entered a
definitive agreement to acquire Omega Performance, a leading provider of
online credit training.

Founded in 1976 and based in Arlington, Virginia, Omega Performance is a
business unit of TwentyEighty Inc. It offers a wide range of online
credit training courses to clients worldwide and serves more than 300
customers, ranging from large global banks to local lending institutions.

"Omega Performance is widely recognized for its robust credit training
capabilities, which complement the industry-leading learning solutions
offered by Moody's Analytics," said Ari Lehavi, Executive Director,
Learning Solutions at Moody's Analytics. "Adding Omega's offerings
reinforces Moody's Analytics as a market standard in credit proficiency
for financial institutions worldwide spanning the full spectrum of
consumer, small business and corporate lending."

Omega's rich repository of lending case studies will significantly
enhance the highly-regarded Moody's Analytics online Credit
Coach
learning platform, which empowers financial professionals to
make better lending decisions by providing a learning experience that is
customized to each user's specific analytical needs. Using sophisticated
algorithms that track respondents' performance as they study real-life
business scenarios, Credit Coach guides each learner through targeted
coursework designed to remediate indicated areas of weakness. With the
addition of Omega's case studies and content, Credit Coach will provide
an even broader range of credit and risk scenarios facing
today's lending and investment professionals.

Both Moody's clients and Omega's clients will greatly benefit from
the synergies of the combined organization. By using a
consistent framework across the institution, banks can systematically
and efficiently train their staff, certify their proficiency,
and benchmark the performance of both individuals and business units.

"This acquisition is an important development for financial
institutions in search of a modern and comprehensive learning platform
with a globally recognized credit certification to help elevate lending
and risk management practices to compete and navigate more effectively
in a rapidly evolving marketplace. The combined capabilities of Moody's
Analytics and Omega Performance offers a best-in-class, cost-effective
solution to these challenges," said Lehavi.

The acquisition is expected to close within 30 days and is not expected
to have a material impact on Moody's 2018 financial results.

For further information about Moody's Analytics eLearning solutions,
visit www.moodysanalytics.com/elearning-courses.

ABOUT MOODY'S CORPORATION

Moody's is an essential component of the global capital markets,
providing credit ratings, research, tools and analysis that contribute
to 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, which offers leading-edge software,
advisory services and research for credit and economic analysis and
financial risk management. The corporation, which reported revenue of
$4.2 billion in 2017, employs approximately 12,300 people worldwide and
maintains a presence in 42 countries. Further information is available
at www.moodys.com.

ABOUT TwentyEighty

TwentyEighty is a portfolio of some of the most respected
learning, development, and performance improvement brands in the
industry, including Miller Heiman Group, VitalSmarts, AchieveForum,
Strategy Execution & Omega Performance. www.twentyeighty.com

"Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995

Forward-Looking Statements

Certain statements contained in this release are forward-looking
statements and are based on future expectations, plans and prospects for
Moody's business and operations that involve a number of risks and
uncertainties. The forward-looking statements in this release are made
as of the date hereof, and Moody's disclaims any duty to supplement,
update or revise such statements on a going-forward basis, whether as a
result of subsequent developments, changed expectations or otherwise. In
connection with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, Moody's is identifying certain factors
that could cause actual results to differ, perhaps materially, from
those indicated by these forward-looking statements. Those factors,
risks and uncertainties include, but are not limited to, credit market
disruptions or economic slowdowns, which could affect the volume of debt
and other securities issued in domestic and/or global capital markets;
other matters that could affect the volume of debt and other securities
issued in domestic and/or global capital markets, including regulation,
credit quality concerns, changes in interest rates and other volatility
in the financial markets such as that due to the U.K.'s referendum vote
whereby the U.K. citizens voted to withdraw from the EU; the level of
merger and acquisition activity in the U.S. and abroad; the uncertain
effectiveness and possible collateral consequences of U.S. and foreign
government actions affecting credit markets, international trade and
economic policy; concerns in the marketplace affecting our credibility
or otherwise affecting market perceptions of the integrity or utility of
independent credit agency ratings; the introduction of competing
products or technologies by other companies; pricing pressure from
competitors and/or customers; the level of success of new product
development and global expansion; the impact of regulation as an NRSRO,
the potential for new U.S., state and local legislation and regulations,
including provisions in the Financial Reform Act and regulations
resulting from that Act; the potential for increased competition and
regulation in the EU and other foreign jurisdictions; exposure to
litigation related to our rating opinions, as well as any other
litigation, government and regulatory proceedings, investigations and
inquires to which the Company may be subject from time to time;
provisions in the Financial Reform Act legislation modifying the
pleading standards, and EU regulations modifying the liability
standards, applicable to credit rating agencies in a manner adverse to
credit rating agencies; provisions of EU regulations imposing additional
procedural and substantive requirements on the pricing of services and
the expansion of supervisory remit to include non-EU ratings used for
regulatory purposes; the possible loss of key employees; failures or
malfunctions of our operations and infrastructure; any vulnerabilities
to cyber threats or other cybersecurity concerns; the outcome of any
review by controlling tax authorities of the Company's global tax
planning initiatives; exposure to potential criminal sanctions or civil
remedies if the Company fails to comply with foreign and U.S. laws and
regulations that are applicable in the jurisdictions in which the
Company operates, including data protection and privacy laws, sanctions
laws, anti-corruption laws, and local laws prohibiting corrupt payments
to government officials; the impact of mergers, acquisitions or other
business combinations and the ability of the Company to successfully
integrate acquired businesses; currency and foreign exchange volatility;
the level of future cash flows; the levels of capital investments; and a
decline in the demand for credit risk management tools by financial
institutions. Other factors, risks and uncertainties relating to our
acquisition of Bureau van Dijk could cause our actual results to differ,
perhaps materially, from those indicated by these forward-looking
statements, including risks relating to the integration of Bureau van
Dijk's operations, products and employees into Moody's and the
possibility that anticipated synergies and other benefits of the
acquisition will not be realized in the amounts anticipated or will not
be realized within the expected timeframe; risks that the acquisition
could have an adverse effect on the business of Bureau van Dijk or its
prospects, including, without limitation, on relationships with vendors,
suppliers or customers; claims made, from time to time, by vendors,
suppliers or customers; changes in the European or global marketplaces
that have an adverse effect on the business of Bureau van Dijk. These
factors, risks and uncertainties as well as other risks and
uncertainties that could cause Moody's actual results to differ
materially from those contemplated, expressed, projected, anticipated or
implied in the forward-looking statements are described in greater
detail under "Risk Factors" in Part I, Item 1A of the Company's annual
report on Form 10-K for the year ended December 31, 2017, and in other
filings made by the Company from time to time with the SEC or in
materials incorporated herein or therein. Stockholders and investors are
cautioned that the occurrence of any of these factors, risks and
uncertainties may cause the Company's actual results to differ
materially from those contemplated, expressed, projected, anticipated or
implied in the forward-looking statements, which could have a material
and adverse effect on the Company's business, results of operations and
financial condition. New factors may emerge from time to time, and it is
not possible for the Company to predict new factors, nor can the Company
assess the potential effect of any new factors on it.

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