$463 Million IT Services Agreement with EDS

EDS to help improve productivity and flexibility enabling Fondiaria to meet dynamic market demands

EDS and Fondiaria-Sai Insurance Group, Italy's second largest and one of the country's oldest insurance companies, today announced a new, 10-year, $463 million agreement, signed in December 2006, for information technology (IT) infrastructure management services.

Fondiaria-Sai Insurance Group (the Group), which consists of more than 100 companies and subsidiaries offering insurance, financial services and asset management as well as real estate, agricultural and other services, selected EDS to improve the Group's productivity and help enable the flexibility needed to grow and meet market requirements. As the Group grows, its needs for secure, scalable support for connecting with its companies and subsidiaries also expand.

"As we grow and diversify, we need the IT stability, efficiency and scalability that EDS has proven it can provide that will help us move with - and ahead of - our dynamic market," said Fausto Marchionni, CEO of Fondiaria-Sai. "By selecting EDS, our goal is to continue our market-leading momentum for the Group and for each of our companies and subsidiaries."

With this agreement, EDS will fully manage and maintain the Group's IT infrastructure, resulting in reduced costs and modernized IT processes and foundation. This consists of the Group's mainframe and midrange computer server environment of approximately 500 midrange servers across Italy. EDS will also manage the company's communications network, transform its core software applications development, and manage and provide helpdesk support for the Group's desktop computers for more than 5,000 employee users.

"Large enterprises across the financial services industry such as Fondiaria successfully use secure EDS IT innovations to support their growth, reduce costs and improve productivity," said John Mara, vice president, Insurance, Global Financial Services Industry. "We salute Fondiaria for taking the lead with what we believe is the Italian insurance industry's first full-service IT services agreement of its kind and are committed to becoming a trusted partner as the Group continues to grow and succeed" - EDS.