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PAREXEL Closes the Acquisition of ClinPhone
Date:8/14/2008

uired businesses or enter into new lines of business, including, but not limited to, the successful business integration and anticipated synergy achievements in connection with the ClinPhone acquisition; the impact on the Company's business of government regulation of the drug, medical device and biotechnology industry; consolidation within the pharmaceutical industry and competition within the biopharmaceutical services industry; the potential for significant liability to clients and third parties; the potential adverse impact of health care reform; and the effects of exchange rate fluctuations and other international economic, political, and other risks. Such factors and others are discussed more fully in the section entitled "Risk Factors" of the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2008 as filed with the SEC on May 9, 2008, which "Risk Factors" discussion is incorporated by reference in this press release. The forward-looking statements included in this press release represent the Company's estimates as of the date of this release. The Company specifically disclaims any obligation to update these forward-looking statements in the future. These forward-looking statements should not be relied upon as representing the Company's estimates or views as of any date subsequent to the date of this press release.

PAREXEL is a registered trademark of PAREXEL International Corporation, Perceptive Informatics is a trademark of Perceptive Informatics, Inc., and ClinPhone is a registered trademark of ClinPhone Limited. All other names or marks may be registered trademarks or trademarks of their respective business and are hereby acknowledged.

Contacts:

Jill Baker, Vice President of Investor Relations

PAREXEL International

Tel: +781-434-4118

Email: Jill.Baker@PAREXEL.com

Jennifer Baird, Senior Director of Public Relations

PAREXEL International
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SOURCE PAREXEL International Corporation
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6. Parexel Invites Public to Listen to Live Webcast of Its Investor Day June 25, 2008
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11. PAREXEL Product Development and Regulatory Experts to Attend the 2008 BIO International Convention
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