A. T. Kearney eSourcing Unit Records Record-Breaking November

eBreviate Signs 100th Customer, Expands Global Reach and Achieves Largest Customer Procurement Savings in Single Month

Plano, Texas (December 19, 2001) A.T. Kearney, the global management consulting subsidiary of EDS, today announced that eBreviate, its eSourcing unit, recorded its most successful month ever. In November, eBreviate signed more new business, more new global contracts and delivered more
cost savings to clients than in any month since its inception in January 2000.

eBreviate is part of A.T. Kearney Procurement Solutions, which includes the non-consulting businesses of A.T. Kearney related to procurement and strategic supply management.

New customers move eBreviate past the 100-customer milestone
eBreviate closed contracts with an estimated aggregate annual value of over $4.6 million. Among them were competitive contracts, terms of which were not disclosed, with three major U.S.-based Fortune 500 companies: one of the world's largest computer equipment manufacturers, a global wireless and broadband communications manufacturer, and a prominent U.S. commercial banking institution.

These annual contracts tap eBreviate's best-in-breed enterprise procurement and sourcing tools, including Sourcing Management Technologies, Supply Market Solutions, eSourcing Management and the company's flagship online Auction and RFP technologies. They comprise three of the seven largest contracts in eBreviate's history. The new accounts move the company's customer base to 101, enabling eBreviate to reach this milestone more quickly than any other eSourcing company.

"Adoption and mandated implementation of eSourcing solutions by world-class enterprises is reaching an inflection point in market acceptance", said Luke Saban, chief operating officer of
eBreviate. "The market is starting to realize its potential, and these new contracts indicate a growing preference for eBreviate technology."

Significant Global Expansion in November
In addition, eBreviate closed three contracts with non-U.S. based companies: Aquanima, based in Spain; ProcuraDigital, operating throughout Latin America; and a major Japanese financial institution. Aquanima, the leading procurement service provider in Southern Europe, and ProcuraDigital, the leading procurement service provider in Latin America, are subsidiaries of Banco Santander Central Hispano, the second largest bank in the Euro zone.

"Our company is committed to offering its large enterprise customers the best procurement services for effective management of their strategic and non-strategic assets," said Cesar Sole, chief procurement officer of Aquanima. "Through the use of forward-thinking business technologies such as those offered by eBreviate, we are able to further build upon the value our business is based on."

The international contracts expand eBreviate's reach into Europe, throughout Latin America and around the Pacific Rim. To date, eBreviate’s non-U.S. negotiations have topped $6.7 billion with customer savings averaging 17 percent, solidifying eBreviate's eSourcing global market leadership.

Greatest Average Monthly Customer Savings Achieved
Average customer savings delivered by eBreviate applications reached a new record of 20.7 percent in November, exceeding eBreviate's industry leading overall average savings of 14.5 percent.

"This statistic shows eBreviate's contribution to a company’s bottom-line and CEO's understand this," said Tom Slaight, president of eBreviate and an A.T. Kearney vice president. "During economic down-turns, it is more important than ever to implement eSourcing initiatives and lock-in well-negotiated, long-term contracts. CEO's recognize that a nearly 21 percent average savings is a significant contribution to shareholder value, and the mandate to the enterprise is clear."

About A.T. Kearney
A.T. Kearney (www.atkearney.com)is one of the world's largest and fastest-growing management consulting firms. With a global presence that includes more than 60 offices in 37 countries, spanning major and emerging markets, A.T. Kearney provides strategic, operational, organizational and technology consulting and executive search services to the world's leading companies. A.T. Kearney is the high-value management consulting subsidiary of global services leader EDS.

A.T. Kearney is a market leader in strategic sourcing and procurement consulting, having helped clients save more than $12 billion annually since 1995 on more than $100 billion in annual purchases across 3,000 purchased categories. A.T. Kearney Procurement Solutions augments A.T. Kearney's strategic procurement consulting by providing technology-driven services that enable companies to remove time, cost and inefficiency from the procurement cycle. An integral part of A.T.
Kearney Procurement Solutions is eBreviate (www.ebreviate.com), a leading provider of eSourcing technology and services. eBreviate combines leading-edge technology with market-driven content and in-field services to deliver the best integrated and automated eSourcing solutions to global businesses, governments and net markets.

About EDS
EDS, the leading global services company, provides strategy, implementation and hosting 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 58 countries. EDS reported revenues of $19.2 billion in 2000. The company's stock is traded on the New York Stock Exchange (NYSE: EDS) and the London
Stock Exchange. Learn more at www.eds.com.

# # #