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Computer Sci-Computer Assoc Dates

March 5, 1998

Major events in Computer Associates’ pursuit of Computer Sciences:

Dec. 18, 1997 _ Computer Associates chairman Charles Wang and Computer Sciences boss Van Honeycutt meet for the first time to discuss possible merger.

Feb. 11, 1998 _ Computer Associates makes a friendly offer of $9.2 billion, or $108 per share, to acquire Computer Sciences.

Feb. 17 _ Computer Associates takes initial offer directly to shareholders after Computer Sciences does not respond to sweetened bid of $114 per share.

Feb. 19 _ Computer Sciences rejects the bid and says it will not negotiate with Computer Associates.

Feb. 24 _ Computer Sciences files a lawsuit to block the takeover attempt, alleging that Computer Associates offered $50 million in an attempt to buy Honeycutt’s loyalty in their first meeting.

March 2 _ Computer Sciences says it would consider a merger with another company to help fend off the bid.

March 5 _ Computer Associates says it will let its current offer die when it expires on March 16, bringing the battle to an apparent end.

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