“Safe Harbor” Statement Under The Private Securities Litigation Reform Act of 1995

2/28/2006


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Table of Contents

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PPT Slide

“Safe Harbor” Statement Under The Private Securities Litigation Reform Act of 1995

Record of commitment to achieving total shareholder value

2005: Another strong year for MHP

MHP’s total return outperformed S&P 500 for a decade

2006 a bridge year

Facing a new era of competition

Foundation of our success: Anticipating and capitalizing on trends

Foundation of our success: Anticipating and capitalizing on trends

Growing revenue and reducing costs

Improving performance by increasing operating leverage

Changing how we create products

Changing how we create products

Changing how we create products

Technology facilitates collaboration with off-shore vendors

Creating sophisticated digital infrastructure for the enterprise

Benefits of our scale and diversity

New opportunities for innovation

Strengthening our global platform

Strengthening our global platform

Serving the structured finance market

Standard & Poor’s CDO Interface (video)

The growth of global financial markets

The growth of global financial markets

Education: An increasingly global business

Content and technology: New opportunities to serve global market

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Content and technology: New opportunities to serve global market

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Global transformation project

Fostering collaboration to improve operating leverage, create new revenue

Outlook for 2006

Outlook for 2006

Outlook for 2006

Outlook for 2006

Outlook for 2006

New auto channel on BusinessWeek.com

Outlook for 2006

2006 guidance remains unchanged

2006 guidance remains unchanged

2006 guidance remains unchanged

Laying the foundation for faster growth in 2007 and beyond

Confident in ability to realize our objectives

Committed to advancing total shareholder value

Committed to advancing total shareholder value

Board authorized 10% increase in annual cash dividend

Stepped up share buy backs

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Author: Celeste Hughes