Albany Molecular Research, Inc. to Announce Second Quarter 2002 Results.

Business Editors

ALBANY, N.Y.--(BUSINESS WIRE)--July 22, 2002

Albany Molecular Research, Inc. (Nasdaq: AMRI) will report second quarter results before the opening of the market on Thursday, August 8, 2002.

The company will hold a conference call at 9:00 a.m. Eastern Time to discuss its quarterly financial results and business highlights. In addition, the company may answer questions concerning business and financial developments and trends, as well as other business and financial matters affecting the company.

If you are interested in listening to the conference call, please dial 800-450-0821 (for domestic calls) or 612-332-0226 (for international calls) at 8:45 a.m. and reference the AMRI Second Quarter 2002 Earnings Release conference call. Replays of the call will be available for seven days following the call beginning at 2:15 p.m. on August 8, 2002. To access the replay by telephone, please call 800-475-6701 (for domestic calls) or 320-365-3844 (for international calls) and use access code #644664.

Albany Molecular Research, Inc. is a leading chemistry research, drug discovery and development company focusing on applications for the life sciences industries. The company performs comprehensive research for many of the leading pharmaceutical and biotechnology companies and for its own internal research and development.