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Cabot Microelectronics to Present at the Smith Barney Citigroup Semiconductor Conference

AURORA, Ill., Jun 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Cabot Microelectronics Corp. (Nasdaq: CCMP), the leading supplier of chemical mechanical planarization (CMP) polishing slurries to the semiconductor industry, today announced that it will make a presentation at the Smith Barney Citigroup Semiconductor Conference at 8:40 a.m. Pacific time on Thursday, June 5, 2003. Forward looking and other material information may be discussed during the presentation. The presentation will be available to all interested parties via webcast from its site at www.cabotcmp.com . For those who cannot listen to the live broadcast, a copy of the presentation will be available in the Investor Relations section of the company's site at www.cabotcmp.com .

About Cabot Microelectronics Corporation

Cabot Microelectronics, headquartered in Aurora, Illinois, USA, is the world leader in the development and supply of high-performance polishing slurries used for chemical mechanical planarization (CMP), a process that enables the manufacture of the most advanced integrated circuit (IC) devices and hard disk drive components. The Company reported fiscal 2002 revenues of $235.2 million. For more information please visit the Cabot Microelectronics web site at www.cabotcmp.com or call 1-630-499-2600.

Safe Harbor Statement

The statements contained in this news release and referenced presentation may include statements that constitute "forward-looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to future sales and operating results, company and industry growth and trends, growth of this market, international events, new product introductions and development of new products and technologies by Cabot Microelectronics. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics' filings with the Securities and Exchange Commission (SEC), that could cause the actual results to differ materially from those described by these forward-looking statements. In particular, see "Risks Relating to Our Business" in Management's Discussion and Analysis in our quarterly report on Form 10-Q for the quarter ended March 31, 2003, and our Annual Report on Form 10-K for the fiscal year ended September 30, 2002, both filed with the SEC. Cabot Microelectronics Corporation assumes no obligation to update this forward-looking information.

CONTACT: William S. Johnson, Vice President and Chief Financial Officer of Cabot Microelectronics Corporation, +1-630-375-6631

SOURCE Cabot Microelectronics Corporation

William S. Johnson, Vice President and Chief Financial Officer
of Cabot Microelectronics Corporation, +1-630-375-6631
http://www.cabotcmp.com

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