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

ZURICH, Switzerland and FALLS CHURCH, Virginia, November 25
(ots/PRNewswire)

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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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090422/CSCLOGO)
The potential total contract value is estimated to be up to
US$2.9 billion 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  America.
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.

Contact:

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