CSC Signs Applications Outsourcing Contract With ING Life Japan

EL SEGUNDO, Calif., -- June 29, 2005 -- Computer Sciences Corporation (NYSE: CSC - News) today announced that it has signed an applications outsourcing contract with ING Life Insurance Company Ltd., Japan (ING Life Japan). The contract is valued at $11.8 million over five years.

Under the terms of the agreement, CSC will provide a range of development and maintenance services to support 25 of ING Life Japan's business system applications, including CSC's LIFE/J system, an administration solution that supports the processing of life and pension products through the entire life cycle of an insurance policy.

"This contract with ING Life Japan marks CSC's commitment to the application outsourcing business in the insurance sector across Asia," said Mike Brinsford, president of CSC's operations in Asia. "The depth and breadth of our experience in application support, combined with our global best practices, ideally position CSC to help ING Life Japan achieve significant business results."

"This contract with CSC will allow us to leverage CSC's core competencies and experience in applications management to deliver effective insurance services to our customers in Japan," said Evert Nooter, chief information officer of ING Life Insurance. "Having the ability and flexibility to respond to customer and market demand is important for us to gain competitive advantage in the insurance industry."

CSC provides applications management services to more than five million life insurance, annuity and pension contracts representing $3.5 billion in premiums, and more than three million property and casualty (general) insurance policies representing $4 billion in premiums. This includes full life cycle support for application portfolios, such as maintenance, enhancements, development, upgrades, production support and user support.

About ING Life Japan and ING

ING Life Japan, formerly Nationale-Nederlanden Levensverzekering Maatschappij N.V., was the first European insurance company to establish a branch in Japan in 1986. ING Life Japan, as a member of ING Group, proactively develops innovative products and services to meet the financial needs of its individual and corporate customers.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in over 50 countries. With a diverse workforce of over 113,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

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.