Press release

Exponent Declares Regular Quarterly Dividend for Q3 2016

July 19, 2016

MENLO PARK, Calif., July 19, 2016 — ­­ Exponent, Inc. (Nasdaq:EXPO) today announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share of common stock to be paid on September 23, 2016 to all common stockholders of record as of September 2, 2016.

Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September and December. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent's Board of Directors.

"We believe that our quarterly dividend payments combined with our stock repurchase program demonstrates our continued commitment to deliver value to our shareholders," commented Dr. Paul Johnston, President and CEO.

About Exponent

Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's multidisciplinary organization of scientists, physicians, engineers, and business consultants brings together more than 90 technical disciplines to address complicated issues facing industry and government today. The firm has been best known for analyzing accidents and failures to determine their causes, but in recent years it has become more active in assisting clients with human health, environmental and engineering issues associated with new products to help prevent problems in the future.

Exponent may be reached at (888) 656-EXPO, info@exponent.com, or www.exponent.com