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PAREXEL Reports First Quarter Fiscal Year 2010 Financial Results
Date:10/27/2009

usiness and are hereby acknowledged.

    CONTACTS:
        James Winschel, Senior Vice President and Chief Financial Officer
        Jill Baker, Vice President of Investor Relations
        +1-781-434-4118

                  PAREXEL International Corporation
            Consolidated Condensed Statement of Operations
                              Unaudited


                                          -----------  -----------
                                             Three       Three
                                             Months      Months
                                             Ended       Ended
                                             Sept.       Sept.
    (in thousands, except per share data)   30, 2009    30, 2008
                                           ---------   ---------

    Service revenue                         $259,763    $263,046
    Reimbursement revenue                     47,775      56,506
                                              ------      ------
      Total revenue                          307,538     319,552

    Costs and expenses:
        Direct costs                         166,829     171,364
        Reimbursable out-of-pocket
         expenses                             47,775      56,506
        Selling, general and
         administrative                       60,353      57,725
        Depreciation                          11,569       9,929
        Amortization                           2,536       2,035
      Total costs and expenses               289,062     297,559

    Income from operations                    18,476      21,993

    Other expense                               (780)       (678)
                                                ----        ----

    Income before income taxes                17,696      21,315

    Provision for income taxes                 5,255       7,696
    Effective tax rate                          29.7%       36.1%


    Net income                
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SOURCE PAREXEL International Corporation
Copyright©2009 PR Newswire.
All rights reserved

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