News Release-- September 04, 2002

CSC AWARDED $50 MILLION APPLICATION OUTSOURCING CONTRACT BY LINCOLN FINANCIAL GROUP

EL SEGUNDO, Calif., Sept. 4 -- Computer Sciences Corporation (NYSE: CSC), one of the world's leading information technology (IT) services and consulting firms, today announced that Lincoln Financial Group's Lincoln Retirement division has signed a seven-year application outsourcing extension with CSC valued in excess of $50 million.

Under the agreement, CSC will provide comprehensive application enhancement, management and production support for CSC's VANTAGE-ONE™ enterprise life insurance and annuity processing system. The total number of Lincoln annuity contracts on VANTAGE-ONE will be increased to 1.5 million by moving approximately 800,000 of Lincoln's employer-sponsored annuities to the system.

"CSC has been proactive in helping us to improve our applications infrastructure and new product introduction processes," said Lincoln Financial Group's Mark E. Reynolds, senior vice president of Lincoln Retirement. "This new agreement will lower our unit costs for both our individual and group lines of business. For our contract owners, their employers and our distributors, lower unit costs and better systems and infrastructure translate into higher customer product value, service and satisfaction."

"More than half of the variable annuity contracts sold in the U.S. are administered on VANTAGE-ONE, a function-rich administration engine for both life insurance and annuities," said Michael Risley, president of the Life and Annuity Solutions division of CSC's Financial Services Group. "CSC's support gives Lincoln Financial a distinct competitive advantage in the annuity marketplace."

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in Philadelphia, Lincoln Financial Group has consolidated assets of $95 billion and had annual consolidated revenues of $6.4 billion in 2001. Through its wealth accumulation and protection businesses, the company provides annuities, life insurance, 401(k) plans, 529 college savings plans, mutual funds, managed accounts, institutional investment and financial planning and advisory services.

About CSC

Computer Sciences Corporation, one of the world's leading consulting and information technology (IT) services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company's success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges.

Having guided clients through every major wave of change in information technology since 1959, CSC combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of global corporations and organizations. With more than 66,000 employees in locations worldwide, CSC had revenues of $11.5 billion for the 12 months ended June 28, 2002. It is headquartered in El Segundo, California. For more information, visit the company's Web site at www.csc.com.