Ceradyne, Inc. to Participate in Fifth Annual AeA Micro Cap Financial Conference

    COSTA MESA, Calif.--May 9, 2003--Ceradyne, Inc. (Company) , represented by Chief Executive Officer Joel Moskowitz and Chief Financial Officer Jerrold Pellizzon, will participate in the Fifth Annual AeA Micro Cap Financial Conference being held May 12-14, 2003, at the Monterey Plaza Hotel in Monterey, California.
    Limited to 100 companies, the three-day conference provides executives an opportunity to discuss their companies' businesses, growth strategies, and outlook with the financial community.
    On Wednesday, May 14, Moskowitz will present a general overview of the Company. In a series of 30-minute breakout sessions in the afternoon, Moskowitz and Pellizzon will give full presentations to analysts, portfolio managers, and key technology investors.
    A live broadcast of the first breakout session, including presentation and Q&A, is scheduled to begin at 1:15 p.m. Pacific and will be accessible through the Company's web site, www.ceradyne.com. A replay will be available beginning Thursday, May 15, and will be archived for three months on the Company's web site.
    Ceradyne develops, manufactures and markets advanced technical ceramics for defense, industrial, electronic, and consumer applications. Additional information about the Company can be found at www.ceradyne.com.

    The presentation may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. The Company may use words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions to identify forward-looking statements. These risks and uncertainties are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2002, as filed with the Securities and Exchange Commission.