APPLICATIONS

Cray Inc. will host an investor conference call on Thursday, April 29, 2004 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss first quarter 2004 financial results. The call will feature remarks by senior management followed by a Q&A session. Conference Call Information To access the call, please dial into the conference at least 10 minutes prior to the beginning of the call at 1-800-867-0448. International callers should dial 303-275-2170. To listen to the live audio webcast, go to in the Investors section of the Cray website at http://investors.cray.com or to www.streetevents.com. If you are unable to attend the live conference call, an audio webcast replay will be available in the Investors section of the Cray website for 90 days. If you do not have Internet access, a replay of the call will be available by dialing 1-800-405-2236 and entering access code 576111. International callers can listen to the replay by dialing 303-590-3000, access code 576111. The conference call replay will be available for 48 hours, beginning at 10:00 a.m. Pacific Time April 29, 2004.