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News Release-- May 05, 2003

CSC SIGNS $80 MILLION IT OUTSOURCING CONTRACT WITH TRYG, DENMARK’S LARGEST INSURANCE COMPANY


EL SEGUNDO, Calif., May 5, 2003 -- Computer Sciences Corporation (NYSE: CSC) has signed a five-year, $80 million information technology (IT) outsourcing agreement with Tryg, Denmark’s largest insurance company.

Under the terms of the agreement, CSC will provide mainframe, midrange, desktop, Web hosting, print and distributed computing infrastructure services, as well as Tryg’s help-desk and network infrastructure functions. Additionally, CSC will implement a mainframe disaster recovery solution for Tryg.

"Through this agreement with CSC, we will implement improvements in quality, accessibility, stability and speed in our IT systems,” says Managing Director Peter Falkenham, Tryg. “At the same time, we will reduce the operational costs, which will influence our expense ratio favorably. This will help us run an even more profitable business to the benefit of our customers.”

Tryg’s current IT supplier, Nordea-IT, is the IT organization of Tryg’s former owner, Nordea, a leading Nordic financial institution. Seven IT staff from Tryg and 70 from Nordea-IT are expected to join CSC on December 1, 2003.

Tryg’s and Nordea’s existing business partnership, under which Tryg markets Nordea’s pension products and Nordea markets insurance services on behalf of Tryg, will continue unchanged.

”Tryg’s selection of CSC underscores our strength within IT outsourcing and technology management in the financial services sector,” said George Bell, president of CSC’s European operations. “Application of our world-class IT expertise and experience will result in significant ongoing service and quality improvements for Tryg. We look forward to building upon our relationship with Tryg and the Tryg Vesta Group in the future.”

About Tryg

Tryg is Denmark’s largest insurance company with more than one million insured families and companies. Tryg has 2,300 employees and markets insurances through its own distribution channels as well as via Nordea’s branches – like Tryg markets Nordea’s pension products. Tryg is part of Scandinavia’s second largest insurance group, the Tryg Vesta Group.

About CSC

Founded in 1959, Computer Sciences Corporation is one of the world’s leading information technology (IT) services companies. 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, including more than 26,000 from the company’s March 7, 2003 acquisition of DynCorp, 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 $11.3 billion for the 12 months ended Dec. 27, 2002. For more information, visit the company’s Web site at www.csc.com.
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