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Margaret Kirch Cohenmargaret.cohen@morningstar.com
Morningstar, Inc. to Announce Second Quarter 2006 Financial Results on Aug. 3

CHICAGO, July 6, 2006 – Morningstar, Inc. (NASDAQ: MORN) today announced that it plans to report its second quarter 2006 financial results before the market opens on Thursday, Aug. 3, 2006. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 145,000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 13 countries and ownership interests in companies in three other countries.

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©2006 Morningstar Inc.  All rights reserved.

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