A.T. Kearney Procurement Solutions Tops $20 Billion in Total Negotiated Spend; Has Saved Clients More Than $3 Billion

Unit Expands European and Latin American Operations

PLANO, Texas (May 8, 2002) A.T. Kearney, the global management consulting subsidiary of EDS, today announced eBreviate Internet auction technology from its A.T. Kearney Procurement Solutions unit has been used to negotiate more than $20 billion in purchases since its launch in January 2000 and, in the process, saved its clients more than $3 billion.

The eBreviate auction tool has been used in nearly 2,000 separate events, spanning more than 650 product and service categories and more than 23,000 subcategories in dozens of industries. The top five industry segments using auction technologies are automotive, net markets, telecommunications,
consumer electronics and consumer-packaged goods.

"Our growth in total negotiated spend is a testament to the ease-of-use and applicability of our auction technology," said Tom Slaight, eBreviate co-founder and A.T. Kearney vice president. "The do-it-yourself adoption of our technology has hit an inflection point where companies such as Volkswagen are driving more than 20 percent of their spend through it. Our proven processes and methodologies are embedded in their daily procurement process, driving hard dollar savings to the bottom-line."

Expanded European Operations
The company also announced a new sales executive for A.T. Kearney Procurement Solutions in Europe and demonstrated success in reaching Latin American markets through a relationship with Procura Digital.

A.T. Kearney Procurement Solutions continues to build on its market leadership in Europe. The company named Donna Kenyon to the new position of general manager, Northern Europe. Kenyon, who has been a sales executive with eBreviate since 2000, will lead the company's sales efforts in the Benelux and Scandinavian regions. The Benelux and Scandinavian regions are increasingly important for A.T. Kearney Procurement Solutions as the multinational businesses in these regions are
beginning to embrace eSourcing.

"We are excited to have Donna step up to this new leadership role. Her multinational experience both as a sourcing professional and designer of creative solutions will enable clients to identify and capture accelerated value in the procurement space," said Jim Pearson, vice president of A.T. Kearney Procurement Solutions.

With Kenyon's promotion, the Procurement Solutions unit will open an office in Brussels to complement other European offices in London, Paris and Dusseldorf. Prior to eBreviate, Kenyon was the strategic procurement manager within the research and development department at Schering Plough in the United States.

Increases Latin American Footprint
eBreviate technology also has been successful in Latin America as ProcuraDigital, an eSourcing services provider for companies operating in the region, has transacted more than US$335 million using eBreviate technology. ProcuraDigital, which uses a contingency based revenue model and charges clients a fee only if it achieves savings for them, generated US$47 million in savings for clients such as Grupo Santander Central Hispano, Johnson & Johnson, Nestlé, CANTV, Iusacell and Grupo Bimbo since April 2001.

"Our solid results reflect the value of our eSourcing expertise for companies doing business in Latin America," said Leonard Boord, CEO of Procura Digital. "The eBreviate technology, a best-in-breed eSourcing reverse auction tool, has enabled us to capture a large market share in the region. Top companies have partnered with ProcuraDigital after recognizing that electronic auctions and strategic sourcing optimize their sourcing process and generate rapid savings that have a direct impact on their
bottom line."

The consumer goods, financial and telecommunications sectors have profited greatly from ProcuraDigital's services, with web-based auctions and strategic sourcing focused on reducing costs for both indirect and direct goods including maintenance and transport services, construction contracts,
high tech equipment and raw materials for food processing.

"We are pleased about the strategic and cross marketing relationship that ProcuraDigital and A.T. Kearney Procurement Solutions have formed for the Latin American market," said Joe Raudabaugh, an A.T. Kearney vice president and head of A.T. Kearney Procurement Solutions. "A.T. Kearney has achieved tremendous market penetration in Latin America through traditional strategic sourcing consulting. Our thriving relationship with ProcuraDigtial now allows us to further move companies along the sourcing continuum – from an outsourcing environment for strategic sourcing to a full-service
eSourcing solution and then a self-service, sustaining enterprise solution. ProcuraDigital's success is a success for our eBreviate technology and team."

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 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, 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 2001. 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.

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