Zurich Financial Services Group and CSC Sign New IT Services Contract in Europe and North America

By Csc, PRNE
Tuesday, November 24, 2009

ZURICH, Switzerland and FALLS CHURCH, Virginia, November 25 - CSC (NYSE: CSC) announced today that it has signed a ten-and-a-half year
master service agreement with Zurich Financial Services Group (Zurich) for
data center and information technology (IT) infrastructure managed services.
The master service agreement provides the framework for country specific
agreements to be subsequently entered into by the local entities of each
party. The master service agreement will become effective upon the signing of
the first country specific agreement. The contract covers global data center
centralization and server virtualization and is designed to transform
Zurich's existing data center environment into a fully modernized, flexible
and highly virtualized operation.

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The potential total contract value is estimated to be up to US$2.9
assuming the successful negotiation of all anticipated country
specific agreements and the provision of the full scope of services in all
the planned countries over the initial ten-and-a-half year term. Services are
expected to commence under the master service agreement and one or more
country specific agreements in the first half of 2010. All of the agreements
are subject to regulatory and other approvals and notifications, including
consultation of relevant workers councils.

Under the terms of the agreement, depending on the country specific
agreements entered into, up to approximately 1,000 Zurich employees will
potentially transition to CSC during the first half of 2010. The relationship
between Zurich and CSC began in July 2004 when the companies signed a
seven-year, US$1.3 billion applications outsourcing contract. In 2008, the
scope of work expanded to include desktop services in Europe and North

All statements in this press release and in all future press releases
that do not directly and exclusively relate to historical facts constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements represent the company's
intentions, plans, expectations and beliefs, and are subject to risks,
uncertainties and other factors, many of which are outside the company's
control. These factors could cause actual results to differ materially from
such forward-looking statements. For a written description of these factors,
see the section titled "Risk Factors" in CSC's Form 10-K for the fiscal year
ended April 3, 2009 and any updating information in subsequent SEC filings.
The company disclaims any intention or obligation to update these
forward-looking statements whether as a result of subsequent event or
otherwise, except as required by law.

About CSC

CSC is a global leader in providing technology-enabled solutions and
services through three primary lines of business. These include Business
Solutions and Services, the Managed Services Sector and the North American
Public Sector. CSC's advanced capabilities include systems design and
integration, information technology and business process outsourcing,
applications software development, Web and application hosting, mission
support and management consulting. Headquartered in Falls Church, Va., CSC
has approximately 92,000 employees and reported revenue of US$16.0 billion
for the 12 months ended October 2, 2009. For more information, visit the
company's Web site at www.csc.com.

Dorothea Gosling, Director, Marketing & Communications of CSC Financial Services, +41-(0)44-628-9840, dgosling at csc.com, or Chris Grandis, Director, Media Relations, Corporate, +1-703-641-2316, cgrandis at csc.com, or Bryan Brady, Vice President, Investor Relations, Corporate, +1-703-641-3000, investorrelations at csc.com, all of CSC

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