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Marian Kelley
Director, Media and Analyst Relations
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Janet Herin
Manager, Media Relations
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News Release -- June 30, 2008

CSC NAMED PREMIER VALUE PROVIDER FOR COMMUNITY BANKERS’ SMARTLENDER PROGRAM

FALLS CHURCH, Va., June 30 – CSC (NYSE: CSC) today announced that ICBA SmartLender LLC has selected CSC as its provider of merged mortgage credit and automated valuation reports. These reports, used to streamline the mortgage underwriting process, are now available to Independent Community Bankers of America (ICBA) members at prices traditionally available only to high-volume financial organizations.

CSC will provide ICBA SmartLender’s bank customers these reports using a technology platform that interfaces with major underwriting engines and loan origination systems to speed loan processing. Member banks can access the reports, and related services, directly from CSC through numerous loan origination interfaces. They also will be available through the ICBA SmartLender portal by the end of the year.

“The SmartLender program levels the playing field for community banks because it offers pricing and service levels generally offered only to the largest mortgage originators,” said Ed Pinto, president, ICBA SmartLender. “Joining forces with CSC to deliver these critical reports will empower our community banks to serve their mortgage loan customers more efficiently and economically.”

“As the program’s exclusive report provider, CSC can help member banks capitalize on efficiencies in the mortgage underwriting process,” said John Dickson, president of CSC’s Credit Services Division. “We welcome the opportunity this program provides to extend CSC’s products and services to independent community bankers across the country.”

As one of the largest consumer reporting agencies in the U.S., CSC provides consumer credit reporting, mortgage credit reporting, real-estate-related services, and account portfolio management to more than 20,000 clients.

About Independent Community Bankers of America

The Independent Community Bankers of America (ICBA) represents the largest constituency of community banks of all sizes and charter types in the nation, and is dedicated exclusively to protecting the interests of the community banking industry. This constituency is dedicated exclusively to enhancing the franchise value of the nation’s community banks for the benefit of their customers and the communities they serve. Visit the ICBA on the Web at www.icba.org.

About ICBA SmartLender

ICBA SmartLender offers a suite of products that can help a member bank offer more attractive mortgage loans to target groups in its community, reduce origination costs for it and its borrowers, and enhance a bank’s execution options through established programs with investors to enable it to compete more effectively in the marketplace.

About CSC

CSC is a leading IT services company. CSC’s mission is to be a global leader in providing technology-enabled business solutions and services.

With approximately 90,000 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 Falls Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company’s Web site at www.csc.com.


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