Ralph W. Shrader Elected Chairman and Chief Executive Officer at Booz Allen Hamilton

McLean, Virginia, December 18, 1998 —Ralph W. Shrader has been elected Chairman and Chief Executive Officer at Booz Allen Hamilton Inc., the international management and technology consulting firm. Shrader, who will become the firm's seventh chairman since its founding in 1914, was elected unanimously by the firm's Board of Directors yesterday.

Shrader, 54, has led business units in Booz Allen's commercial and government sectors and currently serves as President of the firm's Worldwide Technology Business. He will assume the position of CEO on April 1, 1999 and of Chairman on October 1, 1999, when William F. Stasior completes his terms of office and retires.

'Ralph is a proven leader, and has the full support and confidence of Booz Allen's officers. He combines client and market focus with a commitment to people and community service,' Stasior said.

'Booz Allen is the only major strategy consulting firm that truly understands practical business realities and technology. We believe this combined expertise is ideally suited to help clients succeed in the next millennium, and I'm excited to have been chosen to lead us,' said Shrader.

Shrader joined Booz Allen in 1974 and was elected a vice president in 1978. He was elected to his current position as President of the firm's Worldwide Technology Business in 1994. Shrader's personal consulting practice centers on the global communications industry. He has led major assignments for telecommunications companies in the United States, Europe, and Latin America and was involved in Booz Allen's landmark work for AT&T at the time of divestiture. He built a large public-sector business supporting clients with missions related to national security and emergency communications.