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EXHIBIT (a)(1)(iii)
NOTICE OF GUARANTEED DELIVERY
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
FOR
TENDER OF SHARES OF COMMON STOCK
OF
POLICY MANAGEMENT SYSTEMS CORPORATION
AT
$16.00 NET PER SHARE
TO
PATRIOT ACQUISITION CORP.,
A WHOLLY OWNED SUBSIDIARY OF
COMPUTER SCIENCES CORPORATION
This Notice of Guaranteed Delivery or one substantially equivalent hereto
must be used to accept the Offer (as defined below) if certificates representing
shares of common stock, par value $0.01, of Policy Management Systems
Corporation (the "Shares" and the certificates representing such Shares, the
"Share Certificates"), are not immediately available or time will not permit the
Share Certificates and all required documents to reach the Depositary (as
defined in the Offer to Purchase) on or prior to the Expiration Date (as defined
in the Offer to Purchase) or if the procedures for delivery by book-entry
transfer, as set forth in the Offer to Purchase, cannot be completed on a timely
basis. This Notice of Guaranteed Delivery may be delivered by hand or
transmitted by facsimile transmission or mailed to the Depositary. See Section 3
of the Offer to Purchase.
THE DEPOSITARY FOR THE OFFER IS:
CHASEMELLON SHAREHOLDER SERVICES, L.L.C.
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By Mail: By Hand: By Overnight Delivery:
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ChaseMellon Shareholder Services, ChaseMellon Shareholder Services, ChaseMellon Shareholder Services,
L.L.C. L.L.C. L.L.C.
Reorganization Department Reorganization Department Reorganization Department
P.O. Box 3301 120 Broadway Avenue 85 Challenger Road
South Hackensack, NJ 07606 13th Floor Mail Stop -- Reorg.
New York, New York 10271 Ridgefield Park, NJ 07660
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By Facsimile Transmission: Confirmation Receipt of Facsimile by Telephone
Only:
(For Eligible Institutions Only) (201) 296-4860
(201) 296-4293
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DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE, OR TRANSMISSIONS OF INSTRUCTIONS VIA A FACSIMILE NUMBER OTHER
THAN AS SET FORTH ABOVE, WILL NOT CONSTITUTE A VALID DELIVERY.
THIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO GUARANTEE
SIGNATURES. IF A SIGNATURE ON A LETTER OF TRANSMITTAL IS REQUIRED TO BE
GUARANTEED BY AN ELIGIBLE INSTITUTION UNDER THE INSTRUCTIONS THERETO, SUCH
SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE SPACE PROVIDED IN THE
SIGNATURE BOX IN THE LETTER OF TRANSMITTAL.
THE GUARANTEE ON THE REVERSE SIDE MUST BE COMPLETED.
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Ladies and Gentlemen:
The undersigned hereby tenders to Patriot Acquisition Corp. ("Purchaser"),
a South Carolina corporation and a wholly owned subsidiary of Computer Sciences
Corporation, a Nevada corporation, in accordance with the terms and subject to
the conditions set forth in Purchaser's Offer to Purchase, dated June 28, 2000
(the "Offer to Purchase"), and in the related Letter of Transmittal (the "Letter
of Transmittal," which, together with the Offer to Purchase, as each may be
amended or supplemented from time to time, collectively constitute the "Offer"),
receipt of which is hereby acknowledged, the number of Shares indicated below
pursuant to the procedures for guaranteed delivery set forth in Section 3 of the
Offer to Purchase.
Certificate Nos. (If Available)
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Number of Shares:
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(Check if Shares will be tendered by book-entry transfer) [ ]
Account Number:
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Dated: , 2000
Name(s) of Record Holder(s)
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(PLEASE TYPE OR PRINT)
Address(es)
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Zip Code
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Area Code and Tel. No(s)
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Signature(s)
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GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a bank, broker, dealer, credit union, savings association
or other entity which is a member in good standing of a recognized Medallion
Program approved by the Securities Transfer Association Inc., including the
Securities Transfer Agents Medallion Program (STAMP), the Stock Exchange
Medallion Program (SEMP) and the New York Stock Exchange Medallion Signature
Program (MSP), or any other "eligible guarantor institution" as defined in Rule
17Ad-15 under the Securities Exchange Act of 1934 ("Exchange Act"), (a)
represents that the above named person(s) "own(s)" the Shares tendered hereby
within the meaning of Rule 14e-4 promulgated under Exchange Act, (b) represents
that such tender of Shares complies with Rule 14e-4 under the Exchange Act, and
(c) guarantees to deliver to the Depositary either the Share Certificates
evidencing all tendered Shares, in proper form for transfer, or a Book-Entry
Confirmation (as defined in the Offer to Purchase) with respect to such Shares,
in either case, together with the Letter of Transmittal (or a facsimile
thereof), properly completed and duly executed, with any required signature
guarantees or an Agent's Message (as defined in the Offer to Purchase) in the
case of a book-entry delivery, and any other required documents, all within
three New York Stock Exchange trading days after the date hereof. The eligible
guarantor institution that completes this form must communicate the guarantee to
the Depositary and must deliver the Letter of Transmittal and Share Certificates
to the Depositary within the time period indicated herein. Failure to do so may
result in financial loss to such eligible guarantor institution.
Name of Firm
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Authorized Signature
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Name
--------------------------------------------------------------------------
(PLEASE PRINT OR TYPE)
Title
---------------------------------------------------------------------------
Address
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Zip Code
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Area Code and Telephone Number
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Dated:__________ , 2000
NOTE: DO NOT SEND SHARE CERTIFICATES WITH THIS NOTICE. SHARE CERTIFICATES SHOULD
BE SENT WITH YOUR LETTER OF TRANSMITTAL.
