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Press Release

The Corporate Executive Board Declares Quarterly Cash Dividend

WASHINGTON--(BUSINESS WIRE)--May 4, 2006--The Corporate Executive Board Company (CEB) (NASDAQ/NM: EXBD) today announced that its Board of Directors has approved a 2006 second-quarter cash dividend on its common stock of $0.30 per share. The Company will fund its dividend payments with cash on hand and cash generated from operations. The dividend is payable on June 30, 2006, to stockholders of record at the close of business on June 15, 2006.

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 2,800 of the world's largest and most prestigious corporations, including over 80% 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 300,000 corporate best practices.

    CONTACT: The Corporate Executive Board (CEB)
             Timothy R. Yost, 202-777-5455

    SOURCE: The Corporate Executive Board (CEB)