Press Releases and Announcements

CSC Completes Merger With Mynd Corporation

December 27, 2000

Contact:
Media Inquiries:
Mike Dickerson
Sr. Manager, Corp. Communications
Corporate
310.615.1647
mdickers@csc.com

Financial Analysts:
Bill Lackey
Director, Investor Relations
Corporate
310.615.1700
blackey3@csc.com

EL SEGUNDO, Calif., December 27, 2000 -- Computer Sciences Corporation (NYSE: CSC) today announced that it has completed its acquisition of Mynd Corporation (NYSE: YND), formerly known as Policy Management Systems Corporation, through the merger of a CSC subsidiary into Mynd, effective today. CSC had previously acquired over 90 percent of the outstanding Mynd shares pursuant to a tender offer which expired on December 20, 2000.

As a result of the merger, each Mynd share which was outstanding immediately prior to the merger will be converted into the right to receive $16.00 in cash, without interest. Holders of those shares will shortly be sent the documentation that they must complete and return in order to receive the appropriate merger consideration.

CSC expects that Mynd shares will be suspended from trading on the New York Stock Exchange b efore the start of trading tomorrow.  Computer Sciences Corporation, one of the world's leading consulting and IT services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company's success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges.

Having guided clients through every major wave of change in information technology since 1959, CSC combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing, applications software, and Web and application hosting to meet the individual needs of global corporations and organizations. With more than 61,000 employees in locations worldwide, CSC had revenues of $9.9 billion for the twelve months ended September 29, 2000. It is headquartered in El Segundo, California. For more information, visit the company's Web site at www.csc.com

All statements in this press release 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 "Management's Discussion and Analysis of Financial Conditions and Results of Operations" in CSC's Form 10- Q for the quarter ended September 29, 2000.


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