Exhibit 99.1

The Corporate Executive Board Reports Fourth Quarter Results and

Acquires Valtera Corporation

Company Reports Revenue Growth of 14.3%, Contract Value Growth of 11.7%,

Increases Quarterly Cash Dividend, and Provides 2012 Guidance

Arlington, Virginia—(February 7, 2012)—The Corporate Executive Board Company (“CEB” or the “Company”) (NYSE: EXBD) today announces financial results for the fourth quarter and year ended December 31, 2011. Revenues from continuing operations increased 14.3% to $132.0 million for the fourth quarter of 2011 from $115.5 million for the fourth quarter of 2010. Income from continuing operations for the fourth quarter of 2011 was $19.9 million, or $0.59 per diluted share, compared to $11.5 million, or $0.33 per diluted share, for the same period of 2010.

For 2011, revenues from continuing operations were $484.7 million, a 12.1% increase from $432.4 million for 2010. Income from continuing operations for 2011 was $57.4 million, or $1.67 per diluted share, compared to $52.1 million, or $1.51 per diluted share, for the same period of 2010.

As previously reported, Toolbox.com was sold on December 30, 2011. Accordingly, its results have been accounted for as discontinued operations. For the fourth quarter and year ended December 31, 2011, revenues for Toolbox.com were $1.0 million and $5.3 million, respectively, and loss from discontinued operations, net of tax, was $2.9 million, or $0.09 per diluted share, and $4.8 million, or $0.14 per diluted share, respectively. Included in the loss from discontinued operations for the fourth quarter and year ended December 31, 2011 was a $3.5 million pre-tax loss on disposal, or $0.07 per diluted share.

Contract Value at December 31, 2011 increased 11.7% to $499.4 million compared to $447.1 million at December 31, 2010. Wallet retention rate at December 31, 2011 was 100% compared to 101% at December 31, 2010. Contract Value per member institution increased 2.6% at December 31, 2011 to $87,040 from $84,808 at December 31, 2010.

“Our fourth quarter outcomes reflect continued solid performance by our team against a backdrop of mixed market conditions,” said Thomas Monahan, Chairman and Chief Executive Officer. “As planned, we saw strong revenue growth and increased operating leverage in the quarter, and we are well set up for continued growth in 2012.

I’m pleased today to also announce the acquisition of Valtera which brings us analytic depth, robust technology, and extremely talented people in the important HR space. By combining Valtera with our growing CLC and CLC Genesee businesses, we further deepen our already rich array of insights, data, and tools for helping members manage talent. Our integrated tools and resources will give leaders in HR and beyond the science to make decisions, the management best practice to turn insight into performance, and the technology to transform complex organizations.

We enter 2012 with an improved business portfolio, a very strong team focused on immediate member impact, and expectations for sustained progress in the year ahead.”

OUTLOOK FOR 2012

The Company’s 2012 annual guidance is as follows: Revenues of $535 to $555 million; Non-GAAP diluted earnings per share of $1.75 to $2.00; Depreciation and amortization expense of $20 to $22 million; capital expenditures of $12 to $15 million; and an Adjusted EBITDA margin of between 23.0% and 24.0%.

QUARTERLY DIVIDEND

The Company is increasing its quarterly dividend 17% to $0.175 per share from $0.15 per share. The Company will fund its dividend payments with cash on hand and cash generated from operations. The dividend is payable on March 30, 2012 to stockholders of record on March 15, 2012.

NON-GAAP FINANCIAL MEASURES

This press release and the accompanying tables, as well as earnings discussions, includes a discussion of Adjusted EBITDA, Adjusted net income, and Non-GAAP diluted earnings per share, which are non-GAAP financial measures provided as a complement to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The term “Adjusted EBITDA” refers to a financial measure that we define as net income before loss from discontinued operations, net of provision for income taxes; interest income, net; depreciation and amortization; provision for income taxes; costs associated with exit activities; restructuring costs; and gain on acquisition. The term “Adjusted net income” refers to net income before loss from discontinued operations, net of provision for income taxes and excludes the after tax effects of costs associated with exit activities, restructuring costs, and gain on acquisition. “Non-GAAP diluted earnings per share” refers to diluted earnings per share before the per share effect of loss from discontinued operations, net of provision for income taxes and excludes the after tax per share effects of costs associated with exit activities, restructuring costs, and gain on acquisition.

We believe that Adjusted EBITDA, Adjusted net income, and Non-GAAP diluted earnings per share are relevant and useful supplemental information for our investors. We use these non-GAAP financial measures for internal budgeting and other managerial purposes, when publicly providing the Company’s business outlook and as a measurement for potential acquisitions. A limitation associated with Adjusted EBITDA is that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in our business. Management evaluates the costs of such tangible and intangible assets through other financial measures such as capital expenditures. Management compensates for these limitations by also relying on the comparable GAAP financial measure of Operating profit, which includes depreciation and amortization.

These non-GAAP measures may be considered in addition to results prepared in accordance with GAAP, but they should not be considered a substitute for, or superior to, GAAP results. We intend to continue to provide these non-GAAP financial measures as part of our future earnings discussions and, therefore, the inclusion of these non-GAAP financial measures will provide consistency in our financial reporting.

A reconciliation of these non-GAAP measures to the most directly comparable GAAP measure is provided below.

There were no adjustments that required a reconciliation of net income before loss from discontinued operations to Adjusted net income or GAAP diluted earnings per share before the per share effect of loss from discontinued operations to Non-GAAP diluted earnings per share for the three months and years ended December 31, 2011 and 2010, respectively.

With respect to the Company’s 2012 annual guidance, reconciliations of GAAP diluted earnings per share to Non-GAAP diluted earnings per share, net income to Adjusted net income, and net income to Adjusted EBITDA as projected for 2012 are not provided because the Company cannot, without unreasonable effort, determine the components of net income and GAAP diluted earnings per share to provide reconciliations for 2012 with certainty at this time.

INVESTOR DAY

The Company will hold its annual Investor Day for institutional investors and sell-side analysts at its Waterview headquarters in Arlington, Virginia on Thursday, May 17, 2012. At the Investor Day, members of the Company’s senior leadership team will review the Company’s business portfolio, strategy for growth, and financial performance. The Investor Day is by invitation only and registration is required. It will also be webcast live via the Internet on the Company’s web site and a replay will be available following the event.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements using words such as “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts” and variations of such words or similar expressions are intended to identify forward-looking statements. In addition, statements about anticipated future financial results, such as our 2012 annual guidance, are forward-looking statements. You are hereby cautioned that these statements are based upon our expectations at the time we make them and may be affected by important factors including, among others, the factors set forth below and in our filings with the U.S. Securities and Exchange Commission, and consequently, actual operations and results may differ materially from the results discussed in the forward-looking statements. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them. Factors that could cause actual results to differ materially from those indicated by forward-looking statements include, among others, our dependence on renewals of our membership-based services, the sale of additional programs to existing members and our ability to attract new members, our potential failure to adapt to changing member needs and demands, our potential inability to attract and retain a significant number of highly skilled employees, risks associated with the results of restructuring plans, fluctuations in operating results, our potential inability to protect our intellectual property rights, our potential exposure to loss of revenue resulting from our unconditional service guarantee, exposure to litigation related to our content, various factors that could affect our estimated income tax rate or our ability to use our existing deferred tax assets, changes in estimates or assumptions used to prepare our financial statements, our potential inability to make, integrate and maintain acquisitions and investments, the amount and timing of the benefits expected from acquisitions and investments,

and our potential inability to effectively anticipate, plan for and respond to changing economic and financial markets conditions, especially in light of ongoing uncertainty in the worldwide economy and possible volatility of our stock price. These and other factors are discussed more fully in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of our filings with the U.S. Securities and Exchange Commission, including, but not limited to, our 2010 Annual Report on Form 10-K. The forward-looking statements in this press release are made as of February 7, 2012, and we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

ABOUT THE CORPORATE EXECUTIVE BOARD COMPANY

By identifying and building on the proven best practices of the world’s best companies, CEB helps senior executives and their teams drive corporate performance. CEB offers comprehensive data analysis, research and advisory services that align to executive leadership roles and key recurring decisions. CEB tools, insights, and analysis empower member companies to focus efforts, move quickly, and address emerging and enduring business challenges with confidence. CEB’s client and member network includes 85 percent of the Fortune 500, 50 percent of the Dow Jones Asian Titans, and 70 percent of the FTSE 100. It spans more than 50 countries, 5,700 individual organizations, and 225,000 business professionals. For more information, visit www.exbd.com.

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