News Release Details

Charles River Associates to Announce Fourth-Quarter and Year-End Financial Results on January 15, 2003

December 30, 2002

Company to Host Webcast Conference Call Live over the Internet at www.crai.com

BOSTON--(BUSINESS WIRE)--Dec. 30, 2002--In conjunction with its regularly scheduled fourth-quarter financial results news release, Charles River Associates Incorporated (CRA) (Nasdaq: CRAI) plans to broadcast its fourth-quarter and year-end fiscal 2002 financial results conference call over the Internet on Wednesday, January 15, 2003 at 10:00 a.m. ET.

Those who wish to listen to the conference call should visit the investor relations section of the Company's Web site at www.crai.com at least 15 minutes prior to the event's broadcast. In addition, interested parties can access an archived version of the call, also located on the investor relations section of CRA's Web site.

Founded in 1965, Charles River Associates is an economics, finance, and business consulting firm that works with businesses, law firms, accounting firms, and governments in providing a wide range of services. CRA combines economic and financial analysis with expertise in litigation and regulation support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. CRA is distinguished by a corporate philosophy of providing responsive, top-quality consulting; an interdisciplinary team approach; unsurpassed economic, financial, and other analytic skills; and pragmatic business insights. In addition to its corporate headquarters in Boston and international offices in Brussels, London, Melbourne, Mexico City, Toronto, and Wellington, CRA also has U.S. offices in College Station, Houston, Los Angeles, Oakland, Palo Alto, Philadelphia, Salt Lake City, and Washington, D.C. More information about the Company can be found on its Web site at www.crai.com.

CONTACT:

Charles River Associates Incorporated
Phil Cooper, 617/425-3190
or
Sharon Merrill Associates, Inc.
Ehren Lister, 617/542-5300