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CSC Agrees to Acquire First Consulting Group
Date:10/31/2007

Europe and Asia."

"We believe this is an outstanding transaction for our stockholders, clients and employees," said Larry Ferguson, CEO of FCG. "CSC is at the forefront of the global IT services industry and a very strong player in the healthcare IT space, and adding FCG's deep healthcare and life sciences domain knowledge and history to the CSC family makes for a compelling combination. We are pleased to have a transaction that will deliver significant value to our stockholders while creating opportunities for FCG employees and clients to work with CSC's world class organization and technology platforms."

"By taking this step, we have notably accelerated our healthcare business plan and advanced toward our goal of transforming healthcare through the use of information technology," said Russ Owen, president of CSC's Americas Commercial Group. "The CSC-First Consulting Group combination reinforces our commitment to bring innovative solutions to healthcare payer, provider and life sciences clients and offers increased flexibility in our global healthcare service delivery capability."

The agreement requires approval by the holders of a majority of the outstanding FCG stock and is subject to customary conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

William Blair & Company is acting as financial advisor to the Board of Directors of FCG.

About FCG

First Consulting Group, headquartered in Long Beach, Calif., provides information technology services and products to health delivery, health plan and life sciences organizations. FCG had revenues before reimbursements of $264.1 million for the 12 months ended December 29, 2006 and currently employs 2,500 people worldwide. Approximately 90% of FCG's revenues come from healthcare and life sciences clients, primarily in the United States.

FCG is known for leading edge healthcare and life sciences technology solutions, IT consu
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SOURCE Computer Sciences Corporation
Copyright©2007 PR Newswire.
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