IRVINE, Calif., May 1 /PRNewswire-FirstCall/ -- In conjunction with CorVel Corporation's (Nasdaq: CRVL) Fourth Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, May 8, 2002 at 11:30 AM (eastern time) with Gordon Clemons, President of CorVel Corporation.

What: CorVel Corporation's Fourth Quarter Earnings Release Conference Call

When: 11:30 AM (eastern time) on Wednesday, May 8, 2002

Where: http://www.corvel.com

How: Live over the Internet - Simply log on to the web at the address above.

Contact: Investor Relations (949) 851-1473

CorVel Corporation ( http://www.corvel.com/ ) is a national provider of leading-edge services and solutions in the field of managed healthcare. CorVel specializes in applying information technology and e-commerce applications to improve healthcare management in the workers' compensation, accident and health, auto and disability management insurance markets. The Company provides networks of preferred providers, case management, utilization management, independent medical evaluations and medical bill review to more than 1,000 clients through its 3,000 associates and 185 offices in 49 states. Leveraging its commitment to flexibility and personal service, CorVel delivers custom solutions for employers, insurers, third party administrators and government entities.

This press release contains forward-looking statements that are subject to risks and uncertainties, including the risk that the historical financial performance of the Company may not be indicative of future financial performance and the risk that the recent performance of the Company's Common Stock may not be indicative of its future performance, as well as other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended March 31, 2001, and the Company's most recent form 10-Q.

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/ , and at least a 28.8 Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to isproducers@prnewswire.com .)

SOURCE CorVel Corporation

Web site: http://www.corvel.com

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CONTACT: Investor Relations of CorVel Corporation,
+1-949-851-1473