MOODY'S KMV ANNOUNCES BRIAN RANSON JOINS FIRM AS MANAGING DIRECTOR

Credit Strategies Group and Credit Risk Specialists Team Created

To Better Meet Customers’ Credit Needs

SAN FRANCISCO, January [10], 2006 - Moody's KMV, the world’s leading provider of quantitative credit risk measurement and management solutions to lenders, investors and corporations, today announced that Brian Ranson, founder of the International Association of Credit Portfolio Management, has joined the Company as Managing Director in the newly formed Credit Strategies Group. Moody’s KMV also announced the creation of the Credit Strategies Group and the Credit Risk Specialists team, both of which will focus on providing thought leadership and best practices to customers worldwide.

"Moody’s KMV has a long track record of providing the best credit risk solutions to customers and with the creation of the Credit Strategies Group and the Credit Risk Specialists team we further our ability to partner with our customers in managing credit risk," said Andrew Huddart, President of Moody’s KMV. "I am pleased to welcome Brian Ranson to the Credit Strategies Group which will be headed by Dr. Jeffrey Bohn. Both Jeff and Brian are proven thought leaders in credit risk analysis and research."

Credit Strategies Group

The Credit Strategies Group is comprised of Moody’s KMV credit risk experts who will maintain the firm’s position as the thought leader in the area of credit risk and portfolio management. Dr. Jeffrey Bohn is named Managing Director of Global Research and Credit Strategies and leads the new group.

Brian Ranson, most recently Senior Vice President of Bank of Montreal, brings tremendous experience to the new group. Mr. Ranson has a global reputation as a pioneer in the introduction of modern portfolio theory to the management of credit risk banking and authored the industry-renowned Credit Risk Management. He founded and was the first chairman of the International Association of Credit Portfolio Management and is an emeritus member of the National Association of Asset/Liability Management. Other senior members of the Credit Strategies Group include Brian Dvorak, Martha Sellers and William Morokoff, who represent many years of industry experience.

"The addition of Brian Ranson demonstrates the commitment of Moody’s KMV to bring in the best talent," said Dr. Jeffrey Bohn, Managing Director of Global Research and Credit Strategies at Moody’s KMV. "Mr. Ranson, in his capacity as Managing Director, will provide exceptional insight to our clients in credit risk and active portfolio management. His efforts will help ensure that Moody’s KMV continues to stay at the forefront of providing innovative and cutting-edge credit risk solutions."

Credit Risk Specialists team

The Credit Risk Specialists team, comprised of Moody’s KMV professionals who have deep knowledge of the firm’s credit risk solutions, will partner with account representatives to provide superior customer service. In the Americas, the team reports to David Merrill, Managing Director and in Europe, Middle East, Africa and Asia Pacific to Managing Director Gavin Style. Mr. Merrill and Mr. Style joined Moody’s KMV in 2005.

"The Credit Risk Specialist team is a new resource for Moody’s KMV customers—the team will work closely with account representatives to make sure customers get the most from our credit risk solutions," said Andrew Huddart, President of Moody’s KMV. "I am confident that under the leadership of David Merrill, Managing Director, Americas, and Gavin Style, Managing Director, Europe, Middle East, Africa and Asia Pacific, Moody’s KMV will continue to meet the evolving needs of our customers."

Mr. Merrill was most recently with Omgeo, a global post-trade securities processing firm, where he was Managing Director of Global Operations and chaired the operating committee in addition to being responsible for sales, customer support, product management and marketing.

Mr. Style was most recently with Sungard's Front Capital Systems, a provider of trading risk management solutions to investment banks and hedge funds, where he was a Managing Director responsible for sales, support and professional services for clients across EMEA.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development