CSC Signs $33 Million Outsourcing Contract With Zuger Kantonalbank

Agreement Extends Services Through 2015

FALLS CHURCH, Va., July 22 /PRNewswire-FirstCall/ -- CSC (NYSE: CSC)
announced today that it has extended its information technology (IT)
outsourcing contract with Swiss bank Zuger Kantonalbank. The new, seven-year
contract, which is valued at $33 million (34 million Swiss Francs) is an early
renewal of a previous eight-year contract signed in 2002.
Under the agreement, CSC will continue to provide SAP-based applications
services, including development, maintenance and support. Specifically, CSC
will continue its 24x7 operation and management of Zuger's SAP banking
platform and add new functionality that enhances system efficiency and
increases ease of use.
"With CSC's support, we can continue to lower operating costs while
increasing customer service," said Beat Mathys, a Zuger Kantonalbank senior
management executive. "This will enable us to further increase efficiency and
improve our cost-income-ratio in the highly competitive retail banking
market."
CSC serves nearly 5,500 financial services clients in 50 countries,
including one-third of the world's top 50 banks.
"The strength of our financial services heritage gives our customers
security in a rapidly changing market," said Guy Hains, president of CSC's
European Group. "We are delighted to expand our relationship with Zuger
Kantonalbank and continue our work together to drive innovation and increase
efficiency."
About Zuger Kantonalbank
Zuger Kantonalbank is the leading financial institution in the business
region of Zug. The whole spectrum of banking services is offered in 14 branch
offices throughout the canton of Zug. Zuger Kantonalbank is a stock-registered
corporation with 380 employees and a balance sheet of 9.4 billion Swiss Francs
in total assets. For further information please consult http://www.zugerkb.ch.
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
http://www.csc.com.
SOURCE CSC

Ute Blauth, Manager, Media and Analyst Relations, CSC EMEA Central Region, CSC
Deutschland Solutions GmbH, +49-611-142-17119, or Rich Venn, Media Relations,
CSC Corporate, +1-310-615-3926, rvenn@csc.com, or Bill Lackey, Director,
Investor Relations, CSC Corporate, +1-310-615-1700, blackey3@csc.com