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Cabot Microelectronics to Release First Quarter Fiscal 2003 Financial Results On January 23, 2003

AURORA, Ill., Jan 13 /PRNewswire-FirstCall/ -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the leading supplier of chemical mechanical planarization (CMP) polishing slurries to the semiconductor industry, today announced that it will release financial results for its fiscal 2003 first quarter ended December 31, 2002 on Thursday, January 23, 2003.

The press release will be issued prior to the market opening, followed by a conference call at 10:00 a.m. et, 9:00 a.m. ct, 8:00 a.m. mt, 7:00 a.m. pt. Matthew Neville, Cabot Microelectronics' Chairman, President and CEO will host the call.

The conference call will be available to all interested parties via webcast from its site at www.cabotcmp.com or from www.ccbn.com or by phone at 800-923-0061; outside U.S. at 706-634-5545.

For those who cannot listen to the live broadcast, a replay will be available through February 6, 2003 by calling 1-800-642-1687 or 706-645-9291, access code 7435387.

About Cabot Microelectronics

Cabot Microelectronics, headquartered in Aurora, Ill., is the leading supplier of CMP slurries for polishing various materials used in semiconductor manufacturing processes. The company's products play a critical role in its customers' manufacturing processes, enabling the manufacture of smaller, faster and more complex devices. Cabot Microelectronics is traded on Nasdaq under the symbol CCMP. For more information on Cabot Microelectronics, visit our website www.cabotcmp.com or call (630) 499-2600.

For more information, contact: Dan Wobby, Principal Accounting Officer of Cabot Microelectronics Corporation, 630-375-6631. SOURCE Cabot Microelectronics Corp.

-0- 01/13/2003

/CONTACT: Dan Wobby, Principal Accounting Officer of Cabot Microelectronics Corporation, +1-630-375-6631/

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