EDS Names New Executive Management 
                                        
    Michael H. Jordan Named Chairman and CEO; Jeffrey M. Heller Returns As 
                              President and COO 
 
    PLANO, Texas, March 21 -- EDS (NYSE: EDS) today announced a new executive 
management team, naming Michael H. Jordan as chairman and chief executive 
officer and Jeffrey M. Heller as president and chief operating officer, 
effective immediately.  Jordan, the former chairman and CEO of CBS Corporation, 
replaces Richard H. Brown. 
    "The EDS Board of Directors and Dick Brown mutually agreed it is in the 
best interests of the company to effect a leadership change at this time," 
said Roger Enrico, an EDS director.  "We thank Dick for his many contributions 
to EDS.  The company's organization, client service and competitive position 
are all stronger today than they were four years ago.  We look forward to a 
smooth management transition."   
    Enrico said the board believes the new management team of Jordan and 
Heller has the opportunity to move EDS forward unencumbered by past events.  
He called Jordan a "proven leader and strategist with a track record of 
building shareholder value."   
    "EDS is a strong, profitable company," said Jordan.  "As a Dallas-area 
resident, I followed the development of EDS and the IT services industry it 
founded.  I am confident we can address the challenges of the marketplace and 
grow through innovative new services, while continuing to deliver the superior 
service our clients have come to expect.  I am committed to our people, who 
are EDS' competitive advantage." 
    Jordan retired as chairman and chief executive officer of CBS Corporation 
(formerly Westinghouse Electric Corporation) in December 1998, after leading 
it through one of the most comprehensive transformations in corporate history.   
Before joining Westinghouse, Jordan was a partner with Clayton, Dubilier and 
Rice, a private equity firm in New York.  Previously, he spent 18 years with 
PepsiCo, Inc.  During this time, he served in numerous senior executive 
positions, including CFO of PepsiCo, Inc. and President and CEO of PepsiCo 
WorldWide Foods, which includes Frito-Lay.  From 1964 to 1974, he was a 
consultant and principal with McKinsey & Company. 
    "We are also very pleased Jeff Heller is returning to EDS," said Enrico.  
"Jeff was one of the principal architects of EDS and is considered by many 
colleagues to be the heart, soul and conscience of the company.  Nobody knows 
the information technology services industry better than Jeff Heller." 
    Heller retired from EDS in February 2002, after 34 years with the company, 
most recently in the position of vice chairman.  Heller returns as president 
and chief operating officer, a role in which he served from 1996 to 2000.  
Heller joined EDS in 1968 as a systems engineering trainee. 
    Due to the management change, EDS will reschedule its 2003 Annual 
Shareholders Meeting from April 22 to May 20.   
 
    About EDS 
    EDS, the leading global services company, provides strategy, 
implementation, business transformation and operational solutions for clients 
managing the business and technology complexities of the digital economy.  EDS 
brings together the world's best technologies to address critical client 
business imperatives.  It helps clients eliminate boundaries, collaborate in 
new ways, establish their customers' trust and continuously seek improvement. 
EDS, with its management consulting subsidiary, A.T. Kearney, serves the 
world's leading companies and governments in 60 countries.  EDS reported 
revenues of $21.5 billion in 2002.  The company's stock is traded on the New 
York Stock Exchange and the London Stock Exchange.  Learn more at  
www.EDS.com .  
 
     CONTACT: 
     Tom Mattia 
     +1 972-605-7960 
     tom.mattia@eds.com  
 
SOURCE  Electronic Data Systems Corporation 
    -0-                             03/20/2003 
    /CONTACT:  Tom Mattia of Electronic Data Systems Corporation,  
+1-972-605-7960, or tom.mattia@eds.com / 
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              AP Archive:  http://photoarchive.ap.org 
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    /Web site:  http://www.eds.com / 
    (EDS) 
 

 





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