CSC’s Exceed Software License and BPO Agreement Renewed

EL SEGUNDO, Calif., Sept. 23, 2004 – Computer Sciences Corporation (NYSE: CSC) today announced that two affiliates of the Tennessee Farmers Insurance Companies have signed six-year contracts with CSC to renew a property and casualty (P&C) insurance software license and outsourcing services.

A CSC client for more than 25 years, Tennessee Farm uses CSC’s software products for all insurance lines of business. Under one of the new contracts, CSC will continue to provide Tennessee Farmers Assurance Company with business process outsourcing (BPO) support for its non-standard automobile insurance business, one of the fastest growing markets in the U.S. insurance industry.

Under the other new contract, Tennessee Farmers Mutual Insurance Company, which leads all other insurance companies, including major national firms, in writing property and casualty policies in Tennessee, has extended its license for CSC’s Exceed, the company’s comprehensive software for the P&C insurance industry. Tennessee Farmers Mutual Insurance will implement Exceed Billing solution, which includes client and work management, disbursement and financial management components. The company will also use Exceed’s Internet browser to access the software, reducing Exceed maintenance costs across the desktop environment.

“CSC’s software and services have allowed us to grow significantly without adding large numbers of staff, particularly in non-standard insurance,” said Matthew M. Scoggins Jr., chief executive officer of Tennessee Farmers Insurance Companies. “We look forward to applying Exceed’s efficiencies to our other product lines.”
“CSC’s offerings are designed to help insurers like Tennessee Farm reduce costs, improve customer service and respond quickly to market changes,” said Ray August, president of the P&C Insurance division of CSC's Financial Services Group. “We appreciate Tennessee Farm’s recommitment to Exceed and CSC’s services.”

About Tennessee Farmers Insurance Companies
Tennessee Farmers Insurance Companies (TFIC), based in Columbia, Tenn., is a group of affiliated Tennessee companies working together to provide quality insurance services and assistance to members of the Tennessee Farm Bureau Federation. TFIC offers its products through dedicated independent agents located in offices in every county in Tennessee. Founded in 1921, today's Tennessee Farm Bureau has a membership of over 590,000 family members and is the largest state farm bureau in the nation. In 1948 it began the Tennessee Farmers Mutual Insurance Company (TFMIC) to provide affordable insurance for rural Tennessee. TFMIC is one of the largest writers of personal lines homeowner / property insurance and private passenger automobile insurance in Tennessee. With one of the best efficiency ratios in the nation, TFMIC enjoys an A++ rating from AM Best Company, the highest rating available. More information is available at www.tennesseefarmers.com.

About CSC
Founded in 1959, Computer Sciences Corporation is a leading global information technology (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 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 El Segundo, Calif., CSC reported revenue of $14.9 billion for the 12 months ended July 2, 2004. For more information, visit the company’s Web site at www.csc.com.