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Press Release

The Corporate Executive Board Welcomes New Managing Director, Michael Deich

WASHINGTON--(BUSINESS WIRE)--March 12, 2001--The Corporate Executive Board Company (CEB) (Nasdaq/NM:EXBD) today announced that Michael Deich, former Associate Director for the Office of Management and Budget (OMB), has joined the company as Managing Director of the Corporate Strategy Board (CSB), the membership program serving the heads of strategy and planning at leading corporations worldwide. In this role, Mr. Deich will join the leadership team for one of the CEB's largest business units, assuming responsibility for all CSB research, content creation and executive education for our membership community of more than 400 senior strategists and their staff. Jay McGonigle, CEO of the Corporate Executive Board commented, "We are very excited to have Michael join the Corporate Executive Board's leadership team. He brings a wonderful depth of experience and new perspective to the firm and our member companies." While at OMB, Mr. Deich directed the General Government and Finance (GG&F) Resource Management Office, overseeing cabinet departments and agencies that receive roughly half of all non-defense discretionary funding.

The Corporate Executive Board Company is a leading provider of best practices research and analysis focusing on corporate strategy, operations and general management issues. CEB provides its integrated set of services currently to more than 1,700 of the world's largest and most prestigious corporations, including over 70% of the Fortune 500. These services are provided primarily on an annual subscription basis and include best practices research studies, executive education seminars, customized research briefs and web-based access to a library of over 140,000 corporate best practices.

CONTACT: The Corporate Executive Board Company, Washington
Clay Whitson, 202/777-5193