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CorVel Announces Revenues and Earnings
Date:6/4/2009

e by the Company, and events beyond the Company's control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the Company's results of operations and the benefits of its growth and investment strategies. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company's actual results to differ materially and adversely from those expressed in any forward-looking statement.

The risks and uncertainties referred to above include, but are not limited to, factors described in this press release and the Company's filings with the Securities and Exchange Commission, including "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended March 31, 2008. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

    CorVel Corporation
    Quarterly Results - Income Statement
    Quarters and Fiscal Years Ended March 31, 2008 and 2009

                                            Quarter Ended     Quarter Ended
                                            March 31, 2008    March 31, 2009
                                           ---------------   ---------------
    Revenues                                  77,368,000        77,058,000
    Cost of revenues                          56,538,000        59,770,000
                                              ----------        ----------
    Gross profit                              20,830,000        17,288,000
                                              ----------        ----------

    General and administrative                10,661,000        10,308,000
                                              ----------        ----------
    Income from op
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