Item 2.01, "Completion of Acquisition or Disposition of Assets"

On October 9, 2008, after receiving all necessary regulatory approvals, Moody's Corporation completed its acquisition of Fermat International, a leading provider of risk and performance management software to the global banking sector.

Moody's purchased Fermat for €132.5 million (approximately $181 million, based on a euro/dollar exchange rate of 1.3632) in cash, subject to customary closing adjustments. An additional sum of up to €25 million (approximately $34 million, based on a euro/dollar exchange rate of 1.3632) in consideration may be paid based on achievement of certain financial targets by year-end 2008. The acquisition was funded primarily from offshore cash on hand, and Fermat will operate as part of Moody's Analytics.

Item 9.01, "Financial Statements and Exhibits"

(d) Exhibits 99.1 Press release of Moody's Corporation dated October 9, 2008, announcing the closing of its acquisition of Fermat International.

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