On December 30, 2016, Computer Sciences Corporation (the “Company”) and the incremental lender providing such incremental commitments exercised an option under the Company’s existing revolving credit agreement to incur incremental commitments thereunder in an aggregate amount of $40 million (the “Incremental Revolving Commitments”). The Incremental Revolving Commitments were incurred under the Company’s existing Amended and Restated Credit Agreement dated as of October 13, 2013 (as amended supplemented or otherwise modified from time to time prior to the date hereof, the “Revolving Credit Agreement”; and the unsecured revolving credit facility thereunder, the “Revolving Credit Facility”), by and among the Company, the lenders from time to time party thereto (the “Existing Lenders”) and Citibank, N.A., as administrative agent. The incurrence of the Incremental Revolving Commitments resulted in an increase in the aggregate outstanding size of the Revolving Credit Facility from $2.98 billion to $3.02 billion, consisting of $2.45 billion under the Tranche A Facility (as defined in the Revolving Credit Agreement), which are available to be drawn in US dollars, Euro and Sterling, and $570 million under the Tranche B Facility (as defined in the Revolving Credit Agreement), which are available to be drawn in US dollars, Euro, Sterling, Yen, Singapore Dollars and Australian Dollars. Of the $3.02 billion of commitments under the Revolving Credit Facility, $2.88 billion will mature on January 15, 2022, $70 million will mature on January 15, 2021 and $70 million will mature on January 15, 2020.

Terms and conditions of the Revolving Credit Agreement remain as previously described in the Company’s current reports on Form 8-K filed with the Securities and Exchange Commission on October 17, 2013, June 21, 2016 and September 29, 2016.

On December 30, 2016, the Company and the incremental lender providing such incremental advances exercised an option under the Company’s existing U.S. term loan credit agreement to incur incremental advances thereunder in an aggregate amount of $50 million (the “Incremental Term Loan Advances”). The Incremental Term Loan Advances were incurred under the Company’s existing Term Loan Credit Agreement dated as of March 21, 2016 (as amended supplemented or otherwise modified from time to time prior to the date hereof, the “Term Loan Credit Agreement”), by and among the Company, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent.

Terms and conditions of the Term Loan Credit Agreement remain as previously described in the Company’s current report on Form 8-K filed with the Securities and Exchange Commission on March 22, 2016.

About COMPUTER SCIENCES CORPORATION (NYSE:CSC)

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides various technology solutions, including consulting, applications services and software. GBS has three primary growth engines: end-to-end applications services, consulting services, big data services and industry-aligned software and solutions. The GIS segment provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, compute and managed storage solutions to commercial clients across the globe. GIS also delivers CSC’s various cloud offerings, including Infrastructure as a Service (IaaS), private cloud solutions, CloudMail and Storage as a Service (SaaS). The Company has operations throughout North America, Europe, Asia and Australia.

COMPUTER SCIENCES CORPORATION (NYSE:CSC) Recent Trading Information

COMPUTER SCIENCES CORPORATION (NYSE:CSC) closed its last trading session up +0.60 at 59.93 with 1,185,439 shares trading hands.