PAREXEL INTERNATIONAL TO PRESENT AT UBS WARBURG GLOBAL LIFE SCIENCES CONFERENCE

BOSTON, MA, October 7, 2002 — PAREXEL International Corporation (Nasdaq: PRXL) announced today it will be presenting at the UBS Warburg Global Life Sciences Conference at The Plaza Hotel in New York City.  Josef von Rickenbach, Chairman and CEO, and James Winschel, Senior Vice President and CFO will be making a formal presentation on PAREXEL at 3:30 p.m. EST on Tuesday, October 8th.

A live webcast of the presentation will be available on the UBS Warburg website at www.ubswarburg.com. To access the webcast, click on the UBS Warburg conference link on the lower right-hand side of the page and then follow the link to Live Audio under the Global Life Sciences Conference heading. This webcast will be available for replay on the UBS Warburg site until November 10, 2002.

PAREXEL is one of the largest pharmaceutical outsourcing organizations in the world, providing a broad range of knowledge-based contract research, medical marketing and consulting services to the worldwide pharmaceutical, biotechnology and medical device industries. With a commitment to providing solutions that expedite time-to-market and peak market penetration, PAREXEL has developed significant expertise in clinical trials management, data management, biostatistical analysis, medical marketing, clinical pharmacology, regulatory and medical consulting, industry training and publishing and other drug development consulting services. Its information technology subsidiary, Perceptive Informatics, Inc., provides a variety of technology products and services, including web-based portal solutions and voice and data systems, which are designed to accelerate and enhance the clinical development and launch processes. The Company’s integrated services, therapeutic area depth and sophisticated information technology, along with its experience in global drug development and product launch services, represent key competitive strengths. Headquartered near Boston, MA, PAREXEL operates in 56 locations throughout 37 countries around the world, and has approximately 4,930 employees.