DXC Technology Prices Senior Notes Offering


TYSONS, Va.–(BUSINESS WIRE)–DXC Technology Company (NYSE: DXC) (“DXC”) today announced the pricing
of an offering of €650 million aggregate principal amount of its 1.750%
Senior Notes due 2026 (the “Notes”), priced at 99.820% of the aggregate
principal amount. The offering is being made through an underwriting
syndicate led by Mizuho International plc and RBC Europe Limited, as
representatives of the underwriters. DXC has applied to list the Notes
on the New York Stock Exchange. The issuance of the Notes is expected to
close on or about September 26, 2018, subject to customary closing

DXC intends to apply the net proceeds from this offering, after the
payment of the underwriting discount and other expenses, to repay
outstanding indebtedness to the extent of the net proceeds, including
the €400 million aggregate principal amount of outstanding borrowings
under its Euro-denominated term loan facility with any remainder applied
to other outstanding indebtedness; however, depending on prevailing
interest rates and other market conditions, DXC may choose to use the
net proceeds for working capital and general corporate purposes,
including, but not limited to, the repayment of other outstanding

A registration statement, including a prospectus, relating to the
offering of the Notes has been filed with the U.S. Securities and
Exchange Commission (the “SEC”) and is effective. This press release
shall not constitute an offer to sell nor the solicitation of an offer
to buy any securities (including the Notes) and shall not constitute an
offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale would be unlawful. The offering of the Notes is
being made only by means of a prospectus and related prospectus
supplement meeting the requirements of Section 10 of the Securities Act
of 1933, as amended.

A copy of the prospectus supplement and accompanying prospectus relating
to the offering of the Notes may be obtained for free by visiting EDGAR
on the SEC website at www.sec.gov
or by sending a request to Mizuho International plc, Mizuho House, 30
Old Bailey, London EC4M 7AU, United Kingdom, telephone:
+44-207-090-6698; or to RBC Europe Limited, Riverbank House, 2 Swan
Lane, London EC4R 3BF, United Kingdom, telephone: +1-866-375-6829.

About DXC Technology

DXC Technology (NYSE: DXC) is a world leading independent, end-to-end IT
services company, serving nearly 6,000 private and public sector clients
form a diverse array of industries across 70 countries. The company’s
technology independence, global talent and extensive partner network
deliver transformative digital offerings and solutions that help client
harness the power of innovation to thrive on change.

All statements in this press release that do not directly and
exclusively relate to historical facts constitute “forward-looking
statements.” These statements represent DXC’s intentions, plans,
expectations and beliefs, and no assurance can be given that the results
described in such statements will be achieved. These statements are
subject to numerous assumptions, risks, uncertainties, and other
factors, many outside of DXC’s control, that could cause actual results
to differ materially from the results described in such statements. For
a description of these factors, including specific risks relating to the
offering of the Notes, please see DXC’s most recently filed Annual
Report on Form 10-K for the fiscal year ended March 31, 2018, Quarterly
Report on Form 10-Q for the quarterly period ended June 30, 2018 and the
prospectus supplement, filed with the SEC on September 10, 2018, and the
accompanying prospectus, as well as the documents incorporated by
reference therein, and any updating information in subsequent SEC
filings. No assurance can be given that any goal or plan set forth in
any forward-looking statement can or will be achieved, and readers are
cautioned not to place undue reliance on such statements which speak
only as of the date they are made. We do not undertake any obligation to
update or release any revisions to any forward-looking statement or to
report any events or circumstances after the date of this press release
or to reflect the occurrence of unanticipated events except as required
by law.


DXC Technology
Richard Adamonis, +1-862-228-3481
Media Relations
Ford, +1-703-245-9700
Investor Relations


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