ADVISORY/Cadence Announces Preliminary Fourth Quarter 2002 Financial Results Webcast.

Business Editors

ADVISORY...for Thursday (Jan. 2)

--(BUSINESS WIRE)

WHO:       Cadence Design Systems, Inc. (NYSE:CDN) to announce
           preliminary Fourth Quarter 2002 financial results via
           webcast.

WHAT:      You are invited to attend the Preliminary Fourth Quarter
           2002 Financial Results Audio Webcast, hosted by Ray
           Bingham, Chief Executive Officer, and Bill Porter, Chief
           Financial Officer.

WHEN:      The webcast will begin Thursday, January 2, 2003, at 2:00
           P.M. (Pacific) / 5:00 P.M. (Eastern). An archive of the
           webcast will be available starting January 2 at 5:30 P.M.
           (Pacific) and end at 5:30 P.M. on January 9.

WHERE:     You may access the webcast at
           http://www.cadence.com/company/investor_relations

           Please be sure to access the website at least 10 minutes
           prior to the scheduled webcast time for registration.