News Release-- April 23, 2001

CSC’S VP/MS CALCULATION SOFTWARE ADOPTED IN THE U.S.

Innovative Development Tool Speeds ANICO’s New Product Introduction

EL SEGUNDO, Calif., April 23 -- Computer Sciences Corporation (NYSE: CSC) announced that American National Insurance Company (ANICO) of Galveston, Texas, has successfully deployed illustration software for its Standard Life & Accident Insurance Company agents using CSC’s Visual Product Modeling System, VP/MS. The implementation is a first for the U.S. marketplace.

A complete product development tool, VP/MS significantly reduces the development cycle of insurance and other related financial services products. Product designers, actuaries and marketing personnel can collaborate to develop actuarial formulae and table-based rules of considerable complexity in a component structure. VP/MS is a platform-independent system; once developed, the products can be easily ported to virtually any administration or illustration system. The VP/MS product definitions can also be deployed over the Internet.

“CSC is the first supplier to fill the long-standing need for a flexible, high-volume tool that specifies financial services products,” said Paul DeFuria, executive vice president of Life and Annuity Solutions for CSC in the Americas. “We originally developed VP/MS in Europe and have more than 20 licensees in the European financial services market. ANICO’s implementation marks the first rollout of this strategic capability to a U.S. financial institution.”

“We were looking for a solution that would help get new products into the hands of our agents quickly,” said Ken Juneau, assistant vice president of ANICO. “Being skeptical of new technology, we wanted to be sure that the VP/MS software would deliver everything that it promised. ANICO developers tested the VP/MS software by writing four different types of programs: a Java applet, C+, a mainframe program and an Excel interface program. The calculations were consistent and 100% accurate. We were pleased with the outcome of our trial and proceeded to build illustrations for a universal life product and an annuity. ANICO plans to integrate the VP/MS technology with several of our administration systems. Time-to-market has definitely been reduced.”

American National Insurance Company is headquartered in Galveston, Texas. With assets exceeding $9 billion, American National is rated A+ (Superior) by A.M. Best, and AA+ (Very Strong) by Standard & Poor’s. American National’s major insurance subsidiaries include American National Life Insurance Company of Texas, Standard Life and Accident Insurance Company, Garden State Life Insurance Company, American National Property and Casualty Company, and American National de Mexico, Compania de Seguros de Vida, S.A. de C.V. For more information visit the company’s Web site at www.anico.com

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 68,000 employees in locations worldwide, CSC had revenues of $10.2 billion for the 12 months ended December 29, 2000. It is headquartered in El Segundo, California. For more information, visit the company’s Web site at www.csc.com.