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To: Captain Jack who wrote (29666)	3/22/1999 6:38:00 PM
From: WR	Read Replies (2) \| Respond to of 31646

COMPUTER SCIENCES SIGNS TEN-YEAR OUTSOURCING Date: 03/22 09:06 EST Agreement with Republic Services Corporation EL SEGUNDO, Calif., March 22 /PRNewswire/ -- Computer Sciences Corporation (NYSE: CSC) today signed a ten-year outsourcing agreement with Republic Services Corporation, a wholly owned subsidiary of Republic New York Corporation (NYSE: RNB), parent company of Republic National Bank of New York. Revenues from this agreement are estimated to be $320 million spread over ten years. So far in the company's fiscal 1999, CSC has announced more than $5 billion in U.S. commercial, federal and international contracts. In addition, the company has been awarded a multibillion dollar contract by the Internal Revenue Service to modernize the nation's tax system. The specific size of that contract has not yet been determined. Under the agreement, CSC will acquire and manage Republic National Bank's data center, help-desk, network and communications operations. As part of the agreement, 113 of the 114 Republic employees offered jobs by CSC have accepted positions with the company in New York City. quoteserver.dogpile.com