News Release Details

Charles River Associates to Announce Fourth-Quarter and Year-End Fiscal 2003 Financial Results on January 15, 2004

December 22, 2003
Company to Host Webcast Conference Call Live over the Internet at www.crai.com

BOSTON--(BUSINESS WIRE)--Dec. 22, 2003-- In conjunction with its regularly scheduled quarterly financial results news release, Charles River Associates Incorporated (CRA) (NASDAQ: CRAI) plans to broadcast its fourth-quarter and year-end fiscal 2003 financial results conference call over the Internet on Thursday, January 15, 2004 at 11:00 a.m. ET.

To listen to the Webcast, visit the Investor Relations section of the Company's website at www.crai.com at least 15 minutes prior to the event's broadcast. Interested parties unable to listen to the live call may access an archived version of the call, also located in the Investor Relations section of CRA's website.

About CRA

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, Dubai, 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 website at www.crai.com.

CONTACT:
Charles River Associates Incorporated
Phil Cooper, 617-425-3700
Executive Vice President and Chief Financial Officer

Sharon Merrill Associates, Inc.
Ehren Lister, 617-542-5300
Account Executive