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The Advisory Board Company Reports Fiscal Year 2008 Third Quarter Results
Date:2/5/2008

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Web and Conference Call Information

The Company will hold a live conference call to discuss its fiscal year 2008 third quarter news release this evening, February 5, 2008, at 6:00 p.m. Eastern Standard Time. The conference call will be available via live audio webcast on the Company's web site at http://www.advisoryboardcompany.com in the section entitled "The Firm" found under the tab "Investor Relations." To participate by telephone, the dial-in number is 888.873.4896 and the access code is 20590693. Please be advised to dial-in at least five minutes prior to the call to register. The webcast will be archived for seven days: from 8:00 p.m. Tuesday, February 5, until 8:00 p.m. Tuesday, February 12, 2008.

About The Advisory Board Company

The Advisory Board Company provides best practices research and analysis primarily to the health care industry, focusing on business strategy, operations and general management issues. The Company provides best practices and research through discrete programs to a membership of more than 2,600 hospitals, health systems, pharmaceutical and biotech companies, health care insurers, medical device companies, and universities in the United States. Each program typically charges a fixed annual fee and provides members with such services as best practice research reports, executive education, on-line analytical tools, and other supporting research services.

THE ADVISORY BOARD COMPANY

FINANCIAL HIGHLIGHTS

(In thousands, except per share data)

(Unaudited)

Three Months Ended Selected

December 31, Growth

2007 2006 Rates

Financial Highlights

(GAAP, as reported)
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