Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Elliott Jennifer
2. Date of Event Requiring Statement (Month/Day/Year)
02/15/2005
3. Issuer Name and Ticker or Trading Symbol
MOODYS CORP /DE/ [MCO]
(Last)
(First)
(Middle)
99 CHURCH STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP - Human Resources
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10007
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 693
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 12/21/2000(1) 12/21/2009 Common Stock 870 $ 21.9833 D  
Employee Stock Option (right to buy) 02/07/2003(2) 02/07/2012 Common Stock 6,000 $ 39.975 D  
Employee Stock Option (right to buy) 02/07/2004(2) 02/02/2013 Common Stock 7,500 $ 42.535 D  
Employee Stock Option (right to buy) 02/09/2005(2) 02/09/2014 Common Stock 6,750 $ 64.815 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Elliott Jennifer
99 CHURCH STREET
NEW YORK, NY 10007
      VP - Human Resources  

Signatures

John J. Goggins, by power of attorney for Jennifer Elliott 02/24/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) One fourth of the options vested each year beginning with the date indicated.
(2) One fourth of the options vest each year beginning with the date indicated.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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