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Second Quarter 2001 Earnings Release, Webcast and Conference Call

WILMINGTON, N.C., June 29 /PRNewswire/ -- PPD, Inc. (Nasdaq: PPDI) will release its Second Quarter 2001 financial results on Tuesday, July 17, 2001, after the market closes. The announcement will be available on PPD's website at http://www.ppdi.com, FirstCall, and PRNewsWire.

On Wednesday, July 18, 2001 at 9:00 a.m. ET, the company will host a web cast and conference call to discuss the results. The conference call will be available via a direct dial number (800-360-9865), and will be broadcast live over the Internet. All interested parties can access the web cast through the "Investors" section of the PPD Web site at http://www.ppdi.com. To participate, please access the Web site at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. A replay of the web cast will be available shortly after the call until 5:00 p.m. ET on August 1, 2001.

PPD is a leading global provider of discovery and development services and products for the pharmaceutical and biotechnology industries. With a corporate mission to help clients maximize the return on clients' R&D investments, PPD provides innovative technologies, therapeutic expertise and comprehensive resources for drug discovery and preclinical programs, Phase I- IV clinical development and post-market support. The company has more than 3,800 professionals in 48 facilities in 20 countries around the world. Additional information on PPD can be obtained through the company web site at http://www.ppdi.com. SOURCE PPD, Inc.

Web site: http://www.ppdi.com
CONTACT: Jimmy Sloan of PPD, Inc., 800-849-1773 ext. 7168, or
Jimmy.Sloan@wilm.ppdi.com

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