Darwin Deason and Cerberus Propose To Take Affiliated Computer Services, Inc. 'Private' at $59.25 Per Share

    DALLAS, March 20 /PRNewswire/ -- Darwin Deason, the founder and
 Chairman of Affiliated Computer Services, Inc. (NYSE:   ACS), today announced
 that he, together with his investment partner Cerberus Capital Management,
 L.P., has submitted a proposal to acquire, for a cash purchase price of
 $59.25 per share, all of the outstanding shares of common stock of
 Affiliated Computer Services, Inc. The total transaction value (including
 debt that would either be refinanced or remain outstanding) is
 approximately $8.2 billion. Citigroup Global Markets Inc. has provided a
 "highly confident" letter stating that it is highly confident of its
 ability to raise the debt necessary to complete the transaction.
     The proposed price represents a premium of 15.5% over the closing price
 of the Company's class A common stock on March 19, 2007 and an 18.3%
 premium over the 90-day average closing price.
     "I believe that this offer and our proposed process will maximize value
 for all of ACS's shareholders, and I am very pleased to be working with
 Cerberus to bring this proposal to the ACS Board of Directors," said
 Deason. "I would continue as Executive Chairman following the transaction,
 and the business would continue to be run in accordance with ACS's current
 practice while maintaining its valuable employee base, which Cerberus and I
 view as one of its most important assets. We also intend for ACS to
 continue to provide an uninterrupted high level of service to its
 commercial and governmental customers in the United States and
     The investment partners are prepared to enter into negotiations with
 the Company immediately and are ready to move quickly to complete the
 transaction, which remains subject to customary conditions, including
 completion of confirmatory due diligence. Deason and Cerberus do not
 anticipate that any regulatory approvals or other impediments will preclude
 a timely closing.
     Deason and Cerberus have agreed to submit this proposal and work
 together exclusively to negotiate a transaction with the ACS Board of
 Directors or a Special Committee of its independent directors. The
 investment partners believe that a robust process is in the best interests
 of ACS, its public shareholders and the transaction, and expect the
 proposal to undergo a customary market check process following execution by
 the investment partners of a definitive agreement with ACS.
     The proposal is subject to the negotiation of mutually satisfactory
 definitive transaction agreements. The investment partners have engaged
 Citigroup Global Markets Inc. to provide financial advice and arrange
 financing in connection with the transaction.
     About Cerberus Capital Management
     Established in 1992, Cerberus Capital Management, L.P. is one of the
 world's leading private investment firms with approximately $25 billion of
 capital under management in funds and accounts. Through its team of
 investment and operations professionals, Cerberus specializes in providing
 both financial resources and operational expertise to help transform its
 portfolio companies into industry leaders for long-term success and value
 creation. Cerberus is headquartered in New York City, with offices in Los
 Angeles, Chicago and Atlanta, as well as advisory offices in London, Baan,
 Frankfurt, Tokyo, Osaka and Taipei.
     All statements in this news release that are not based on historical
 fact are "forward-looking statements" within the meaning of the Private
 Securities Litigation Reform Act of 1995 and the provisions of Section 27A
 of the Securities Act of 1933, as amended, and Section 21E of the
 Securities Exchange Act of 1934, as amended (which Sections were adopted as
 part of the Private Securities Litigation Reform Act of 1995). While any
 forward-looking statements contained herein are based on Deason's and
 Cerberus's current expectations, the information on which such expectations
 were based may change. These forward-looking statements rely on a number of
 assumptions concerning future events and are subject to a number of risks,
 uncertainties, and other factors that could cause actual results to differ
 materially from such statements. Such risks, uncertainties, and other
 factors include, but are not necessarily limited to, those set forth in
 ACS's prior filings with the Securities and Exchange Commission, including
 those set forth under Item 1A "Risks Factors" in the most recent Annual
 Report on Form 10-K/A filed on February 1, 2007.

SOURCE Darwin Deason

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