CSC Signs $235 Million IT Infrastructure Outsourcing Contract Renewal With Schroders

    EL SEGUNDO, Calif., March 2 /PRNewswire-FirstCall/ -- Computer Sciences
 Corporation (NYSE:   CSC) today announced that Schroders, a global asset
 management company, has renewed its existing information technology (IT)
 outsourcing contract with CSC for an additional seven years and 10 months.
 The renewal is valued at approximately $235 million.
     The new agreement supersedes a previous seven-year IT outsourcing contract
 awarded to CSC in June 2001, under which the company provided various
 infrastructure and applications services.
     Under the terms of the new contract, CSC will provide Schroders with
 infrastructure services for midrange, desktops and networks, and support for
 key applications.
     "The partnership between Schroders and CSC is an integral part of the
 provision of IT services within Schroders," said Matthew Oakeley, head of
 Group IT at Schroders.  "This agreement provides an excellent platform for
 increasing leverage of CSC's core skills and enhancing the IT support model
 for Schroders' business."
     "The signing of this renewal represents an important milestone in the
 evolution of our relationship with Schroders," said Guy Hains, president of
 CSC's European Group.  "It demonstrates CSC's ability to meet client needs and
 adapt to changing IT and business requirements.  Our five years of experience
 working with Schroders positions us well to continue delivering operational
 results that directly support Schroders' business goals."
 
     About Schroders
     Schroders is a global asset management company with 122.5 pounds sterling
 ($211.0 / 178.2 euros) billion under management as at 31 December 2005.  Its
 clients are major financial institutions including banks and insurance
 companies, local and public authorities, charities, pension funds, high net
 worth individuals and retail investors.
     Schroders' aim is to apply its specialist asset management skills in
 serving the needs of its clients worldwide and in delivering value to its
 shareholders.  With one of the largest networks of offices of any dedicated
 asset management company and over 250 portfolio managers and analysts covering
 the world's investment markets, Schroders offers its clients a comprehensive
 range of products and services.
 
     About CSC
     Founded in 1959, Computer Sciences Corporation is a leading global IT
 services company.  CSC's mission is to provide customers in industry and
 government with solutions crafted to meet their specific challenges and enable
 them to profit from the advanced use of technology.
     With approximately 80,000 employees, CSC provides innovative solutions for
 customers around the world by applying leading technologies and CSC's own
 advanced capabilities.  These include systems design and integration; IT and
 business process outsourcing; applications software development; Web and
 application hosting; and management consulting.  Headquartered in El Segundo,
 Calif., CSC reported revenue of $14.6 billion for the 12 months ended Dec. 30,
 2005.  For more information, visit the company's Web site at www.csc.com.
 
 

SOURCE  Computer Sciences Corporation