CSC Announces Intent to Redeem All Outstanding 6.50% Senior Notes due 2018

FALLS CHURCH, Va.--()--CSC (NYSE: CSC) today announced that it has provided notice to The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York Trust Company N.A.), as trustee (the “Trustee”) under the indenture dated as of March 3, 2008 (the “Indenture”), governing CSC’s 6.50% Senior Notes due 2018 (the “Notes”) of its intent to redeem all outstanding Notes.

The notice of redemption will be sent by the Trustee to the registered holders of the Notes in accordance with the requirements of the Indenture. The anticipated redemption date is Mar. 17, 2016. This press release does not constitute a notice of redemption under the Indenture nor an offer to tender for, or purchase, any Notes or any other security.

About CSC

CSC (NYSE: CSC) leads clients on their digital transformation journeys. The company provides innovative next-generation technology services and solutions that leverage deep industry expertise, global scale, technology independence and an extensive partner community. CSC serves leading commercial and international public sector organizations throughout the world. CSC is a Fortune 500 company and ranked among the best corporate citizens. For more information, visit us at www.csc.com.

Forward-looking Statements

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.” These statements represent the Company’s intentions, plans, expectations and beliefs, including with respect to the Company’s intention to redeem the Notes, 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, 2015 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.

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Contacts

CSC
Rich Adamonis
Global Media Relations
+1-862-228-3481
radamonis@csc.com
or
Neil DeSilva
Investor Relations
+1-703-641-3000
neildesilva@csc.com

Release Summary

CSC Announces Intent to Redeem All Outstanding 6.50% Senior Notes due 2018

Contacts

CSC
Rich Adamonis
Global Media Relations
+1-862-228-3481
radamonis@csc.com
or
Neil DeSilva
Investor Relations
+1-703-641-3000
neildesilva@csc.com