December 29, 2003 - PAREXEL ANNOUNCES DATE OF SECOND QUARTER FY 2004 EARNINGS RELEASE AND CONFERENCE CALL

PAREXEL International Corporation (Nasdaq: PRXL) will release Second Quarter FY 2004 financial results on Thursday, January 22, 2004 before the opening of trading.

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December 16, 2003 - PAREXEL AND DATAFARM ASSIST IN THE PREPARATION OF FIRST eCTD SUBMISSION IN EUROPE

Strategic collaboration yields unprecedented electronic filing by Maxim Pharmaceuticals

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December 09, 2003 - PAREXEL INTERNATIONAL WELCOMES DR. MATTHEW THATCHER TO REGULATORY CONSULTING GROUP, EUROPE

PAREXEL International Corporation (Nasdaq: PRXL), one of the world’s largest biopharmaceutical outsourcing companies, today announced the addition of Matthew J. Thatcher, MD, as a Principal Consultant in the Worldwide Regulatory Affairs group.

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November 17, 2003 - PAREXEL INTERNATIONAL CORPORATION TO BE ADDED TO THE NASDAQ BIOTECHNOLOGY INDEX

PAREXEL International Corporation (Nasdaq: PRXL) today announced that it has been selected for inclusion in the NASDAQ Biotechnology Index (NASDAQ: NBI) effective with the opening of the stock market on Monday, November 24, 2003.

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October 24, 2003 - PERCEPTIVE INFORMATICS EXPANDS MEDICAL IMAGING CORE LAB SERVICES IN EUROPE

Advanced imaging solutions offered for clinical trials

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October 21, 2003 - PAREXEL REPORTS FIRST QUARTER FISCAL 2004 FINANCIAL RESULTS

Earnings per share increased by 38.5%

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September 25, 2003 - PAREXEL APPOINTS SUSAN H. ALEXANDER AS SENIOR VICE PRESIDENT AND GENERAL COUNSEL

PAREXEL International Corporation (Nasdaq: PRXL) announced the appointment of Ms. Susan Alexander to the position of Senior Vice President and General Counsel.

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September 23, 2003 - PAREXEL ANNOUNCES DATE OF FIRST QUARTER FY 2004 EARNINGS RELEASE AND CONFERENCE CALL

PAREXEL International Corporation (Nasdaq: PRXL) will release First Quarter FY 2004 financial results on Tuesday, October 21, 2003 before the opening of trading.

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September 02, 2003 - KMI/PAREXEL FORMS ALLIANCE WITH LEARNWRIGHT

KMI/PAREXEL, an operating unit of PAREXEL International Corporation, (Nasdaq: PRXL), is pleased to announce formation of a strategic alliance with Learnwright, Inc., an e-learning solutions provider headquartered in Rockville, Maryland.

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August 19, 2003 - PAREXEL INTERNATIONAL TO PRESENT AT THE THOMAS WEISEL PARTNERS HEALTHCARE TAILWINDS CONFERENCE

PAREXEL International Corporation (Nasdaq: PRXL) announced today it would be presenting at the Thomas Weisel Partners Healthcare Tailwinds 2003 Conference at the Four Seasons Hotel in Boston, MA.

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August 11, 2003 - FARMOVS-PAREXEL FORMS ALLIANCE WITH THE ACADEMIC GROUP PRACTICE, UNIVERSITY OF THE FREE STATE

PAREXEL International Corporation (Nasdaq: PRXL), a leading biopharmaceutical outsourcing provider, today announced that FARMOVS-PAREXEL, located in Bloemfontein, South Africa, has formed a strategic alliance with the Academic Group Practice (AGP) of the Faculty of Health Sciences, University of the Free State, also located in Bloemfontein.

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August 07, 2003 - PAREXEL REPORTS FOURTH QUARTER AND FISCAL 2003 FINANCIAL RESULTS

Fiscal year revenue grows 15%

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July 22, 2003 - PAREXEL REGULATORY EXPERT VOTED PRESIDENT-ELECT OF DRUG INFORMATION ASSOCIATION

PAREXEL International Corporation (Nasdaq: PRXL), today announced that Alberto Grignolo, PhD, has been named President-elect of the Drug Information Association (DIA) Board of Directors as a result of a vote of the DIA membership.

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July 08, 2003 - PAREXEL ANNOUNCES DATE OF FOURTH QUARTER AND FISCAL 2003 EARNINGS RELEASE AND CONFERENCE CALL

PAREXEL International Corporation (Nasdaq: PRXL) will release Fourth Quarter and Fiscal 2003 financial results on Thursday, August 7, 2003 before the opening of trading.

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July 01, 2003 - PAREXEL INTERNATIONAL ANNOUNCES EXPANSION OF CLINICAL PHARMACOLOGY RESEARCH UNIT

First-in-Man and Proof of Concept facility expands to 23,000 square feet

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June 13, 2003 - PERCEPTIVE TO MARKET VIVOMETRICS’ LIFESHIRT SYSTEM

Targets trial market with continuous cardiopulmonary monitoring tool

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June 12, 2003 - BARNETT RELEASES GOOD CLINICAL PRACTICE TRAINING GUIDE

Barnett International, an operating unit of PAREXEL International Corporation (Nasdaq: PRXL), is pleased to announce the release of Good Clinical Practic

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April 23, 2003 - PAREXEL REPORTS THIRD QUARTER FISCAL 2003

Revenue grows by 18.1% year-over-year
Operating margin improves by 2.2 percentage points year-over-year to 6.3%

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April 17, 2003 - PAREXEL PURCHASES INTEREST IN APEX – AN ASIA-PACIFIC BASED CONTRACT RESEARCH ORGANIZATION

Strengthens Worldwide Clinical Research Services Capabilities

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April 08, 2003 - PAREXEL INTERNATIONAL UPDATES EARNINGS GUIDANCE IN CONJUNCTION WITH INVESTOR CONFERENCE

PAREXEL International Corporation (Nasdaq: PRXL) will update forward-looking earnings expectations for the third quarter of Fiscal Year 2003 and for Fiscal 2003 in its entirety at its Investor conference being held tomorrow in New York City.

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March 27, 2003 - PAREXEL’S BOARD OF DIRECTORS APPROVES ADOPTION OF SHAREHOLDER RIGHTS PLAN

PAREXEL International Corporation (Nasdaq: PRXL) today announced that its Board of Directors has adopted a Shareholder Rights Plan.

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March 25, 2003 - PAREXEL INVITES PUBLIC TO LISTEN TO LIVE WEBCAST OF ITS INVESTOR DAY APRIL 9, 2003

PAREXEL International Corporation (Nasdaq: PRXL), one of the largest contract pharmaceutical outsourcing organizations in the world, announced today that it will broadcast its Investor Day live over the Internet on Wednesday, April 9th from 8:30 a.m. to 12:30 p.m. ET.

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March 20, 2003 - PAREXEL ANNOUNCES DATE OF THIRD QUARTER FY 2003 EARNINGS RELEASE AND CONFERENCE CALL

PAREXEL International Corporation (Nasdaq: PRXL) will release Third Quarter FY 2003 financial results on Wednesday, April 23, 2003 before the opening of trading.

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March 12, 2003 - PAREXEL INTERNATIONAL TO PRESENT AT SG COWEN 23RD ANNUAL HEALTHCARE CONFERENCE

PAREXEL International Corporation (Nasdaq: PRXL) announced today it will be presenting at the SG Cowen 23rd Annual Healthcare Conference at the Boston Marriott Copley Place Hotel in Boston, MA.

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March 04, 2003 - BARNETT INTERNATIONAL RELEASES DEFINITIVE QUESTION AND ANSWER REFERENCE GUIDE FOR HIPAA AND HUMAN SUBJECTS RESEARCH

Barnett International, a division of a wholly owned subsidiary of PAREXEL International Corporation (NASDAQ: PRXL), announced the release of HIPAA and Human Subjects Research

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January 29, 2003 - PAREXEL INTERNATIONAL TO PRESENT AT UBS WARBURG GLOBAL HEALTHCARE SERVICES CONFERENCE

PAREXEL International Corporation (Nasdaq: PRXL) announced today it will be presenting at the UBS Warburg Global Healthcare Services Conference at The Plaza Hotel in New York City.

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January 22, 2003 - PAREXEL REPORTS SECOND QUARTER FISCAL 2003 FINANCIAL RESULTS

Net new business increases by 29% from June 2002
Company’s gross margin improves 240 basis points to 33.4%

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January 21, 2003 - PAREXEL INTERNATIONAL TO ACQUIRE FW PHARMA SYSTEMS LTD.

Adds market-leading electronic clinical trial management capabilities to Perceptive Informatics, Inc. portfolio

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January 08, 2003 - BARNETT INTERNATIONAL AND THE UPPSALA MONITORING CENTRE/ WORLD HEALTH ORGANIZATION COLLABORATING CENTRE FOR INTERNATIONAL DRUG MONITORING SUCCESSFULLY TEST GRAPHICAL COMPARISON OF ADVERSE DRUG REACTION DATA

Barnett International, a subsidiary of PAREXEL International Corporation (NASDAQ: PRXL), has successfully tested an innovative graphical display of adverse drug reaction (ADR) data with the World Health Organization’s (WHO) Collaborating Centre for International Drug Monitoring in Uppsala, Sweden.

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January 08, 2003 - PAREXEL ANNOUNCES DATE OF SECOND QUARTER FY 2003 EARNINGS RELEASE AND CONFERENCE CALL

PAREXEL International Corporation (Nasdaq: PRXL) will release Second Quarter FY 2003 financial results on Wednesday, January 22, 2003 before the opening of trading.

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January 07, 2003 - PAREXEL AND QUEST DIAGNOSTICS ESTABLISH COLLABORATION TO CO-MARKET CLINICAL TRIALS SERVICES

PAREXEL International Corporation (Nasdaq: PRXL), a leading, worldwide biopharmaceutical outsourcing company, and Quest Diagnostics Incorporated (NYSE: DGX), a leading provider of diagnostic testing, information and services, announced a collaboration in which PAREXEL and Quest Diagnostics Clinical Trials will co-market their services to pharmaceutical and biotechnology companies worldwide.

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January 02, 2003 - PAREXEL INTERNATIONAL TO PRESENT AT JPMORGAN H&Q 21ST ANNUAL HEALTHCARE CONFERENCE

PAREXEL International Corporation (Nasdaq: PRXL) announced today that it will be presenting at the JPMorgan H&Q 21st Annual Healthcare Conference at the Westin St. Francis Hotel in San Francisco, CA.

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