Media: Steve Conway 612/683-7133 Financial: Brad Allen 612/683-7395 CRAY RESEARCH ANNOUNCES ONE MILLION SHARE REPURCHASE AUTHORIZATION EAGAN, Minn., May 16, 1995 -- Cray Research, Inc. (NYSE: CYR) today announced that the Board of Directors, at its regularly scheduled meeting, has authorized repurchase of up to one million additional shares of the company's common stock or convertible debentures (determined on an as-if-converted basis). The Company had previously indicated it had completed its outstanding repurchase authorization of 1.5 million shares. Cray Research provides the leading supercomputing tools and services to help solve customers' most challenging problems. ###