Computer Sciences 11K Annual report of employee stock purchases

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

ANNUAL REPORT

PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the fiscal year ended: December 31, 2004

TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from to

Commission file number: 1-4850

A. Full title of plan and the address of the plan, if different from that of the issuer named below: Computer Sciences Corporation Matched Asset Plan

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Computer Sciences Corporation

2100 East Grand Avenue

El Segundo, California 90245

TABLE OF CONTENTS

Description	Page

(a) Financial Statements:

Report of Independent Registered Public Accounting Firm	1

Statements of Net Assets Available for Benefits
As of December 31, 2004 and 2003 ............................................................	2

Statements of Changes in Net Assets Available for Benefits
For the Years Ended December 31, 2004 and 2003 .......................................	3

Notes to Financial Statements ...................................................................	4

(b) Supplemental Schedule:

Form 5500, Schedule H, Part IV, Line 4i ' Schedule of Assets (Held at End of Year as of December 31, 2004	S-1

(c) Exhibit:

Exhibit 23: Consent of Independent Registered Public Accounting Firm	E-1

All other schedules required by Section 29 CFR 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of
Computer Sciences Corporation
El Segundo, California

We have audited the accompanying statements of net assets available for benefits of Computer Sciences Corporation Matched Asset Plan (the "Plan") as of December 31, 2004 and 2003, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement present ation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2004 and 2003, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) as of December 31, 2004, is presented for the purpose of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. Such supplemental schedule has been subjected to the auditing procedures applied in our audit of the basic 2004 financial statements and, in our opinion, is fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole.

/s/Deloitte & Touche LLP

Los Angeles, California

June 29, 2005

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

	December 31,
	2004	2003
ASSETS
Investments at fair value (Notes 1, 2, 5, 7, and 10):
Short-term investments	$ 183,379,865	$ 152,216,240
(Overdrafts) U.S. and Foreign currency	(27,325)	527,910
Long-term investments:
CSC common stock (Note 10)	811,241,189	363,945,449
Participant loans (Note 6)	41,345,471	19,637,145
Interest in registered investment companies
Mellon Enhanced Asset Fund	127,118,861	113,850,006
Mellon S&P 500 Stock Index Fund	395,616,320	297,564,493
Vanguard High Yield Bond Fund	34,076,119	20,271,765
Mellon Balanced 40/60 Fund	46,730,633	33,263,641
Mellon Balanced 60/40 Fund	82,458,614	57,080,095
Mellon Balanced 80/20 Fund	100,545,457	71,212,974
State Street Select Plus Fund	74,818,379	44,344,320
Mellon Market Completion Fund	181,226,501	72,904,718
Frank Russell Active Equity Fund	144,607,897	129,173,572
SSGA Government TIPS Fund	24,179,465
T.Rowe Frozen Value Stable Fund	32,412,517
Bonds and debentures	235,055,162	227,610,301
International equity investments	78,736,824	27,545,272
Guaranteed investment contracts	185,352	221,728
Total investments	2,593,707,301	1,631,369,629

Receivables:
Accrued investment income	1,733,173	1,535,177
Unsettled trade receivable	20,491,000	34,477,935
Other	35,554	104,991
Total Receivables	22,259,727	36,118,103
Total Assets	2,615,967,028	1,667,487,732

LIABILITIES
Accrued expenses	765,002	678,738
Unsettled trade payables	20,917,593	33,792,063
Other	185,306	126,167
Total lLiabilities	21,867,901	34,596,968
NET ASSETS AVAILABLE FOR BENEFITS	$ 2,594,099,127	$ 1,632,890,764

See Notes to Financial Statements

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

STATEMENTS OF CHANGES IN NET ASSETS

AVAILABLE FOR BENEFITS

	Years Ended December 31,
	2004	2003
INVESTMENT INCOME:
Net appreciation in fair value of investments	$ 280,393,549	$ 251,373,933
Interest	15,887,322	13,133,594
Dividends	9,645,097	9,223,309
Net investment income (Note 7)	305,925,968	273,730,836
CONTRIBUTIONS:
Participant	185,997,483	148,981,583
Employer	37,013,362	26,621,301
Employee rollovers	10,363,366	5,570,927
Total contributions	233,374,211	181,173,811

DEDUCTIONS:
Distributions to participants	209,363,056	116,211,405
Administrative expenses	2,508,615	1,901,638
Total Deductions	211,871,671	118,113,043
INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS BEFORE PLAN TRANSFERS	327,428,508	336,791,604

TRANSFERS FROM OTHER PLANS (Note 9)	633,779,855	7,957,089

NET ASSETS AVAILABLE FOR BENEFITS:
Beginning of year	1,632,890,764	1,288,142,071
End of Year	$ 2,594,099,127	$ 1,632,890,764

See Notes to Financial Statements

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Note 1 Description of the Plan

The following brief description of the Computer Sciences Corporation Matched Asset Plan (the "Plan") is provided for general information purposes only. Participants should refer to the Plan document for more complete information.

The Plan is a defined contribution plan adopted by the action of the Board of Directors of Computer Sciences Corporation (the "Company") taken on November 3, 1986, and constitutes an amendment and restatement of the Employee Stock Purchase Plan ("the Prior Plan").

The Plan is a continuation of the Prior Plan and is qualified under the Internal Revenue Code (the "Code"), as amended, Section 401(a) and, effective as of January 1, 1987, with respect to the portion thereof that qualifies as a qualified cash or deferred arrangement, to satisfy the requirement of Code Section 401(k). It is also subject to the provisions of the Employee Retirement Income Security Act of 1974 as amended ("ERISA").

The Plan is administered by a committee, CSC Retirement and Employee Benefits Plans Committee (the "Committee"), consisting of four members who are appointed by the Board of Directors of the Company and serve without compensation, and are reimbursed by the Company for all expenditures incurred in the discharge of their duties as members of the Committee. The Committee has the power to interpret, construe and administer the Plan and to decide any dispute which may arise under the Plan.

Plan Termination - Although it has not expressed any intent to do so, the Company reserves the right, under the Plan, to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, the participants' rights to the Company's contributions vest immediately.

Interest in the Common/Collective Trust

The Plan's investments are in the common/collective trust ("CCT") which was established for the investment of assets of the Plan and several other Computer Sciences Corporation sponsored retirement plans. Each participating retirement plan has an undivided interest in the CCT. The assets of the CCT are held by The Bank of New York (the "Trustee"). The Committee shall determine and advise the Trustee regarding the management of the CCT and the appointment of investment managers. At December 31, 2004 and 2003, the Plan's interest in the assets of the CCT was approximately 64.2% and 50.8%, respectively. Investment income and administrative expenses relating to each discretionary or directed fund within the CCT are allocated to the individual plans based upon average monthly balances invested by each plan in each discretionary or directed fund.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Participants in the CCT consist of the Computer Sciences Corporation Matched Asset Plan, CSC Outsourcing Inc. Hourly Savings Plan, CSC Outsourcing Inc. CUTW Hourly Savings Plan, Computer Sciences Corporation Employee Pension Plan, CSC Outsourcing Inc. Hourly Pension Plan, CSC Outsourcing Inc. CUTW Hourly Pension Plan, CSC/Hughes Retirement Plan, CSR's Range Employees Pension Plan, Computer Sciences Corporation Cash Balance Plan, CSC/E-Systems Pension Plan, CSC Pension Equity Plan, Eagle Alliance Employee Pension Plan, and the DynCorp Information Systems LLC Union Pension Plan (the "Plans").

Eligibility and Participation

Any eligible employee who has satisfied the Plan's age and service requirements, and is employed by the Company, and who receives a stated compensation in respect of employment on the payroll of the Company, is eligible to become a participant, with the exception of a person who is represented by a collective bargaining unit and whose benefits have been the subject of good faith bargaining under a contract that does not specify that such person is eligible to participate in the Plan. In addition, the Company may determine to exempt all employees of any division, unit, facility or class from coverage under the Plan. Any person who leaves the employ of the Company and, at a later time becomes re-employed, must reapply to participate in the Plan, provided he or she otherwise meets the eligibility requirements.

Employee and Company Contributions

Subject to certain limitations described below, an eligible employee who elects to become a participant may authorize any whole percentage (at least 1% but not more than 50%) of such employee's biweekly compensation (as defined in the Plan) to be deferred and contributed to the trust fund on his or her behalf, subject to certain Code limitations. Any compensation deferral in excess of applicable Code limitation, together with income allocable to that excess, will be returned to a participant. Any matching Company contributions attributable to any excess contribution, and income allocable thereto, will either be returned to the Company or applied to reduce future matching Company contributions. Effective January 1, 2002, under the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), the Plan permits participants age 50 and over, to make additional "catch-up" contributions in excess of the statutory limit. The catch-up provision provided these participants the opportunity to contribute an additional $3,000 and $2,000 on a pre-tax basis in 2004 and 2003, respectively (increasing to $4,000 in 2005 and $5,000 in 2006, with inflation adjustments after that until December 31, 2010).

In order to qualify for the special tax treatment accorded to plans by Section 401(k) of the Code, contributions on behalf of participants under the Plan must meet two nondiscrimination tests designed to prevent a disproportionate compensation deferral election by employees who are

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

highly compensated in relation to other employees. The Committee may cause the percentage authorized by the highly compensated participants to be reduced if the Plan does not meet both of the nondiscrimination tests.

A participant is not permitted to make voluntary after-tax contributions to the Plan, unless the participant is part of a collective bargaining unit for which after-tax contributions have been negotiated.

The Company will contribute an amount equal to 50% of the first 3% of the participant's compensation deferral, except for eight groups of employees for whom, under the terms of their contract agreements, the Company will contribute amounts based on the following rates:

Group 1 - 50% of the first 4% of the participant's compensation deferral;

Group 2 - 100% of the first 7% of the participant's compensation deferral;

Group 3 - 100% of the first 5% of the participant's compensation deferral;

Group 4 - 100% of the first 10% of the participant's compensation deferral;

Group 5 - 50% of the first 6% of the participant's compensation deferral;

Group 6 - 75% of the first 4% of the participant's compensation deferral;

Group 7 - 50% of the first 8% of the participant's compensation deferral and discretionary employer contribution of at least 1% of participant compensation; and

Group 8 - 50% of the first 8% of the participant's compensation deferral and discretionary employer contribution of at least 2% of participant compensation.

Matching contributions will be invested in the Company Stock Fund, (the "Company Stock Fund"), which invests in the common stock of the Company except for employees of CSC Credit Services, Inc., Mississippi Space Services, Eagle Alliance, and Computer Sciences Raytheon whose matching contributions are not required to be invested in the Company Stock Fund, and may be invested in any available fund selected by the employee. Participants direct the investment of their contributions into various investment options offered by the Plan.

Participant Accounts

Each participant's account is credited with the participant's contribution and the Company's matching contribution and allocations of Plan earnings, and is charged with an allocation of investment management fees. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Vesting of Participants' Interests/Forfeitures

Participants are vested immediately in his or her contributions plus actual earnings thereon.

Vesting in his or her Matching Contribution Account is equal to twenty-five percent (25%) after completing two full years of service and increasing by twenty-five percent (25%) for each additional full year of service. Vesting accelerates to 100% in the event of reaching age 65 while employed by the Company or upon severance by reason of death or total and permanent disability.

Any nonvested portion of the Matching Contributions Account will be forfeited upon withdrawal from the Plan. Forfeitures may be applied to reduce future matching contributions by the Company. Such forfeitures during 2004 and 2003 amounted to $2,209,996 and $998,494, respectively. The Plan had no forfeitures at December 31, 2004. The Plan held $126,167 in forfeitures at December 31, 2003.

Distributable Amounts, Withdrawals and Refunds

A participant may become entitled to his or her distributable benefit by reason of retirement, death, total and permanent disability, voluntary termination of employment, or dismissal. The rules of payment of a participant's distributable benefit depend upon age of the participant, the number of years of service completed by the participant and the type of severance.

While still an employee, a participant may, upon at least a 30 day written notice to the Committee, make a withdrawal of his or her compensation deferral contributions if the Committee finds, after considering the participant's request, that an adequate financial hardship and resulting need for such amount has been demonstrated by the participant.

Note 2 Summary of Significant Accounting Policies

Basis of Accounting

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Plan management to make estimates and

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.

Risks and Uncertainties

The Plan utilizes various investment instruments, including mutual funds, Company stock, investment contracts and certain derivative instruments. Investment securities, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the value of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the financial statements.

Assets of the Plan

The assets of the Plan are held in a trust with sixteen funds representing the investment options. The investment return in the respective funds is allocated to a participant based on his or her account balance. Contributions to, and payments from the Plan, are specifically identified to the applicable funds within the trust.

Security Transactions

Security transactions are accounted for on a trade-date basis. Dividend income is recorded on the ex-dividend date. Interest income is accounted for on the accrual basis.

In general, participants in the CSC Stock Fund receive distributions in certificates for shares of the common stock of the Company.

Valuation of Investment Securities

Investments in common stocks, fixed income securities and institutional investment vehicles are stated at fair value based upon closing sales prices reported on recognized securities exchanges on the last business day of the plan year or, for the listed securities having no sales reported and for unlisted securities, upon last reported bid prices on that date. Investments in short-term investments are stated at cost which approximates fair value. Participant loans are valued at outstanding loan balances, which approximate fair value.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Payment of Benefits

Benefits are recorded when paid. Amounts allocated to accounts of persons who have elected to withdraw from the Plan but have not yet been paid were $5,945,543 and $11,298,739 at December 31, 2004 and 2003, respectively.

Note 3 Tax Status

The Internal Revenue Service has determined and informed the Company by a letter dated May 13, 2003, that the Plan and related trust are designed in accordance with applicable sections of the Code.

The Committee believes that the Plan is designed and operated to qualify under Section 401(a) of the Code and, with respect to its qualified cash or deferred arrangement, under Section 401(k) of the Code. As such, no provision for income taxes has been included in the Plan's financial statements.

Note 4 Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500:

	December 31,
	2004	2003

Net assets available for benefits per the financial statements	$2,594,099,127	$1,632,890,764
Amounts allocated to withdrawing participants	(5,945,543)	(11,298,739)
Net assets available for benefits per Form 5500	$2,588,153,584	$1,621,592,025

The following is a reconciliation of distributions to participants per the financial statements to the Form 5500:

	Years Ended December 31,
	2004	2003

Distributions to participants per the financial statements	$209,363,056	$116,211,405
Add: Amounts allocated to withdrawing participants at end of year	5,945,543	11,298,739
Less: Amounts allocated to withdrawing participants at start of year	(11,298,739)	(10,968,769)
Distributions to participants per the Form 5500	$204,009,860	$116,541,375

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Amounts allocated to withdrawing participants are recorded as distributions on the Form 5500 for benefit claims that have been processed and approved for payment prior to year end but not paid as of that date.

Note 5 Investment Funds

Participant contributions - Subject to rules the Committee may from time to time adopt, each participant has the right to designate one or more funds established by the Committee for the investment of his or her compensation deferral contributions, in increments of 1%. After an initial election has been made, a participant may designate a different fund or funds into which future compensation deferral contributions shall be invested as of the first day of the next payroll period once per a calendar month. In addition, a participant may elect to redesignate any amounts in his or her accounts as of the last business day of any month to be invested in a different fund. These elections may be made by giving such advance notice as may be required by the Plan administrator.

The following table presents the individual investments that exceeded 5% of the Plan's net assets available for benefits, as of December 31st:

	December 31,
Description of Issue	2004		2003

CSC common stock	$ 811,241,189	*	$ 363,945,449	*
Mellon Enhanced Asset Fund	**		113,850,006
Mellon S&P 500 Index Fund	395,616,320		297,564,493
Mellon Market Completion Fund	181,226,501		**
Frank Russell Active Equity Fund	144,607,897		129,173,572

* Nonparticipant-directed

**Investment did not exceed 5% of net assets available for benefits at fiscal year end.

Note 6 Participant Loans

The Plan allows participants to borrow from their vested account balances from a minimum of $1,000 to a maximum of 50% of their vested account balances up to $50,000, subject to certain limitations. The loans bear interest at the prime rate quoted in the Wall Street Journal plus 1%. Loan terms range from 1-5 years or up to 15 years for purchase of a primary residence. Loans are recorded at outstanding loan balances, which approximates fair value, on the Statements of Net Assets Available for Benefits.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

The loans are deducted from the participants' accounts according to a priority specified in the Plan's loan rules and, within each account, pro rata from the funds based on their balances at the time. Loan repayments are reinvested in the participants' funds according to their current investment election. The repayments are similarly allocated among participants' accounts according to the priority specified in the Plan's rules.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Note 7 Investments in Common/Collective Trust

The following table presents investments in the CCT at fair value.

			December 31,
			2004	2003
Investments at Fair Value as Determined by
	Quoted Market Price
	(Overdraft) U.S. and Foreign Currency		$ (27,316)		$ 2,461,294
	Short-term investment fund		29,126,982		61,847,211
	Money market fund		172,263,178		133,017,884
	Bonds and debentures		421,198,741		364,928,255
	CSC common stock		812,106,525		750,057,291
	International equity portfolios		216,604,301		127,067,765
	Investment in registered investment companies
		Active Allocation Fund	127,118,861		113,850,006
		Brinson Balanced Fund	59,917,799		53,799,264
		Brinson U.S. Equity Fund	200,101,139		159,022,807
		Mellon Corporate Bond Fund	185,455,413		122,096,617
		Mellon EB Enhanced Asset Allocation Fund	75,025		72,712
		Mellon Equity Fund	509,510,729		413,025,228
		Mellon Equity Completion Fund	315,633,585		174,398,903
		Mellon Government Bond Fund	844,740		1,063,103
		Mellon Index Fund	120,204		124,536
		Mellon S&P 500 Index Fund	395,616,320		297,564,493
		Pacific Mutual Enhanced Bond Fund			44,115,319
		BlackRock Core Bond Fund	5,735		1,996,249
		Vanguard High Yield Bond Fund	34,076,119		20,271,765
		Mellon Balanced 40/60 Fund	46,730,633		33,263,641
		Mellon Balanced 60/40 Fund	82,458,614		57,080,095
		Mellon Balanced 80/20 Fund	100,545,457		71,212,974
		Mellon S&P 500 Select Fund	74,818,379		44,344,320
		Frank Russell Active Equity Fund	145,465,282		129,963,466
		Government TIPS Bond Fund	32,412,517
		T.Rowe Stable Value Fund	24,179,465
			3,986,358,427		3,176,645,198

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

			December 31,
			2004	2003
CCT investments at fair value, continued
Investment at Estimated Fair Value
	Geewax Terker Hedge fund		14,559,374	14,304,472
	Guaranteed investment contracts		185,352	221,728
			14,744,726	14,526,200

Investment at Cost, Which Approximates Fair Value
	Employee loans		41,394,081	19,666,768
		Total Common/Collective Trust	$4,042,497,234	$3,210,838,166
		Plan's Interest in CCT Assets	$2,593,707,301	$1,631,369,629

The investment income (loss) of the CCT is summarized as follows:

	Years Ended December 31,
	2004	2003

Bonds and debentures	$ (2,631,334)	$ (3,203,211)
CSC Stock Fund	177,373,848	225,688,912
International equity portfolios	35,974,698	31,616,897
Active Allocation Fund	11,819,623	22,947,087
Brinson Balanced Fund	4,818,511	8,198,982
Brinson Equity Fund	22,672,705	35,011,373
Mellon Capital Aggr. Bond Fund		(140,146)
Mellon Corporate Bond Fund	672,688	1,115,632
Mellon EB Enhanced Asset Allocation Fund	6,932	18,131
Mellon EB Stock Index Fund		2,612,968
Mellon Equity Fund	45,062,638	81,802,979
Mellon Equity Completion Fund	43,573,215	48,521,154
Mellon Government Bond Fund	(6,713)	(25,508)
Mellon Index Fund	11,099	25,167
Mellon S&P 500 Index Fund	33,541,980	60,150,473
Pacific Mutual Enhanced Bond Fund	964,629	2,067,203
BlackRock Core Bond Fund	21,511	(41,957)
Vanguard High Yield Bond Fund	333,912	1,249,638

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

		December 31,
		2004	2003
CCT income (loss), continued
	Mellon Balanced 40/60 Fund	2,937,989	3,819,800
	Mellon Balanced 60/40 Fund	6,176,401	8,449,807
	Mellon Balanced 80/20 Fund	8,746,769	13,140,177
	Mellon S&P 500 Select Fund	6,464,894	8,613,367
	Frank Russell Active Equity Fund	15,967,774	29,714,910
	Geewax Terker Hedge fund	79,140	7,248
	Government TIPS Bond Fund	1,240,587
	Other Funds	155,875
Net appreciation in fair value of investments		415,979,371	581,361,083
Dividends		27,568,838	26,702,043
Interest		24,797,058	24,604,425
Common/Collective Trust Income		$ 468,345,267	$ 632,667,551
Plan's Interest in the Common/Collective Trust Income		$ 305,925,968	$ 273,730,836

Note 8 Related-Party Transactions

Certain short-term investment funds are managed by The Bank of New York. The Bank of New York is the trustee as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions. The fees associated with these funds were paid by the Company and amounted to $1,500 for the years ended December 31, 2004 and 2003, respectively. In addition, The Bank of New York became the fund manager of the International Equity Fund in 2004. As the fund manager, The Bank of New York was paid $33,522 in fees associated with this fund for the year ended December 31, 2004.

At December 31, 2004 and 2003, the Plan held 14,391,364 and 8,228,475 shares, respectively, of common stock of the Computer Sciences Corporation, the sponsoring employer, with a cost basis of $753,479,432 and $467,729,394, respectively.

Note 9 Mergers

On July 1, 2004, the DynCorp Capital Accumulation Retirement Plan ("CAP") and DynCorp Savings and Retirement Plan ("SARP") were merged with the Plan and the net assets of CAP and SARP were transferred to the Plan in 2004. The management of the Company believes that these mergers were tax-exempt transactions under the applicable provisions of the Code and, therefore, not subject to federal income taxes.

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

On February 25, 2003 the ECS Integrated Technology Solutions LLC 401(k) Plan ("ECS") was merged with the Plan and the net assets of ECS were transferred to the Plan. The management of the Company believes that the Plan merger was a tax-exempt transaction under the applicable provisions of the Code and, therefore, not subject to federal income taxes.

On April 22, 2003 the Information Technology Solutions, Inc. 401(k) Profit Sharing Plan ("ITS") was merged into the Plan and the net assets of ITS were transferred into the Plan. The management of the Company believes that the Plan merger was a tax-exempt transaction under the applicable provisions of the Code and, therefore, not subject to federal income taxes.

Note 10 Nonparticipant-Directed Investments

Information about the net assets and the significant components of the changes in net assets relating to the nonparticipant-directed investments is as follows as of December 31:

		2004	2003
Net assets:
	CSC common stock	$811,241,189	$363,945,449
	Short-term investments	4,122,993	4,776,554
	Accrued income	6,947	1,899
	Net unsettled trades payable	(79,449)	(2,499,148)
	CSC Stock Fund	815,291,680	366,224,754

Changes in net assets:
	Net appreciation in fair value of investments	160,910,766	80,356,760
	Interest income	712,811	644,777
	Employer contributions	33,695,321	25,224,221
	Participant contributions	21,913,940	17,656,757
	Participant rollovers	718,761	203,279
	Transfers to participant-directed investments	(36,305,884)	(9,143,659)
	Plan to plan transfers	344,115,360	102,448
	Benefits paid to participants	(76,622,379)	(21,607,349)
	Administrative fees	(71,771)
	Net Change	449,066,925	93,437,234

CSC Stock Fund - beginning of the year		366,224,75	272,787,521
CSC Stock Fund - end of the year		$815,291,680	$366,224,755

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

Note 11 Derivative Financial Instruments

In the Plan's separate accounts, derivative financial instruments were used by the Plan's international equity manager primarily to hedge the currency risk component of the Plan's foreign investments. The fixed income investment manager is permitted to use certain specified types of derivative instruments as part of its strategy. This strategy includes the use of futures and options as substitutes for certain types of fixed income securities. Leveraging of the Plan's assets and speculation are prohibited. Currency hedge positions in aggregate were not permitted to exceed the level of exposure in the Plan's related assets.

Foreign Currency Exchange Contracts

During 2004 and 2003, the Plan entered into forward contracts to purchase and sell foreign currencies in the normal course of its investing activities to manage the currency exposure associated with the Plan's foreign equity investments. The terms of these contracts generally did not exceed one year. The credit risk associated with these contracts was minimal as they were entered into with a limited number of highly rated counterparties.

The Plan reflects the fair value of all forward contracts as an asset or liability in the Plan's financial statements. The fair value associated with the foreign currency contracts have been estimated by the valuing position of the contracts using the applicable spot rates and forward rates as of the reporting date. In the statement of net assets available for benefits, forward contracts to purchase foreign currency are shown as currency contract payables and forward contracts to sell foreign currency are shown as currency contract receivables. Changes in fair values are accounted for as net appreciation (depreciation) in fair value of investments.

Futures Contracts

The Plan enters into futures contracts in the normal course of its investing activities to manage market risk associated with the Plan's fixed income investments and to achieve overall investment portfolio objectives. These contracts involve elements of market risk in excess of amounts recognized in the statements of net assets available for benefits. The credit risk associated with these contracts is minimal as they are traded on organized exchanges and settled daily.

During 2004, the Plan was a party to futures contracts held for trading purposes for U.S. Treasury Bonds. Upon entering into a futures contract, the Plan is required to deposit either in cash or securities an amount ("initial margin") equal to a certain percentage of the nominal value of the

COMPUTER SCIENCES CORPORATION

MATCHED ASSET PLAN

NOTES TO FINANCIAL STATEMENTS

Years ended December 31, 2004 and 2003

contract. Subsequent payments are then made or received by the Plan, depending on the daily fluctuations in the value of the underlying contracts.

At December 31, 2004, the Plan had futures contracts to buy and sell U.S. Treasury Bonds contracts with notional amounts of $700,000 and $6,900,000, respectively. Notional amounts do not quantify risk or represent assets or liabilities of the Plan, but are used in the calculation of cash settlements under the contracts.

The fair value of futures contracts in the statement of net assets available for benefits is zero at December 31, 2004, as settlements are by cash daily. Changes in fair values are accounted for as net appreciation (depreciation) in fair value of investments.

Note 12 Subsequent Events

Plan Merger

On January 5, 2005 the CSC Outsourcing Inc. Hourly Savings Plan and the CSC Outsourcing Inc. CUTW Hourly Savings Plan ("the Hourly Plans") merged into the Plan. The participants' investment account balances of the Hourly Plans were transferred into the Plan. As a result of the merger, participants of the Hourly Plans can participate in the Plan, effective January 5, 2005. The management of the Company believes that these mergers were tax-exempt transactions under the applicable provisions of the Code and, therefore, not subject to federal income taxes.

Spin-off

Effective January 6, 2005, the DynCorp International LLC Matched Asset Plan was spun-off from the Plan. The spin-off was agreed to as part of the sale of the DynCorp International LLC. Participant assets in the approximate amount of $253,800,000 were transferred to the spun-off plan in January 2005.

SIGNATURES

The Plan. Pursuant to the requirements of the Securities Act of 1934, the Computer Sciences Corporation Retirement and Employee Benefits Plans Committee has duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized.

Computer Sciences Corporation

MATCHED ASSET PLAN

Date: June 29, 2005 By: /s/ Leon J. Level

Leon J. Level

Chairman,

Computer Sciences Corporation

Retirement and Employee Benefits Plans Committee

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

SHORT-TERM INVESTMENTS

The Bank of NewYork

Collective Short Term Invest Fdnon-Discretionary

$ 10,319,823

Mellon Capital Management Corp.

Mellon Temporary Investment Fund

State Street Bk & Tr Instl C/D

Certificates of Deposit

12/11/06

200,000

HBOS Treas Svcs Plc Disc C/P

Commercial Paper

01/26/05

397,854

Santander Cent Hisp Fin Deli C

Commercial Paper

01/14/05

199,008

State Street Global Advisor

Money Market Fund

172,263,178

Total Short-Term Investments

183,379,864

U.S. Dollars

Cash Overdraft

(27,325)

Computer Sciences Corporation

Common Stock (14,391,364 shares)

$753,479,432

811,241,189

Computer Sciences Corporation

Participant loans (maturing 2005 to 2019 at interest rates of 1% to 21%)

41,345,471

INTEREST IN REGISTERED INVESTMENT COMPANIES

Mellon Capital Management Corp.

Mutual Fund - EB Daily Liquidity Enhanced Asset Allocation

127,118,861

Mellon Capital Management Corp.

Mutual Fund - Daily Liquidity Stock Index Fund

395,616,320

Vanguard Group

Vanguard High Yield Corp Bond fund

34,076,119

Mellon Capital Management Corp.

Mutual Fund - Daily Liquidity Stock Index Fund

14,588,871

Mellon Capital Management Corp.

Mellon EB Daily Liquidity Aggregate Bond Index Fd

28,068,938

Mellon Capital Management Corp.

Mellon EB Daily Market Completion Fund

4,072,824

Total Balanced 40/60 Fund

46,730,633

Mellon Capital Management Corp.

Mutual Fund - Daily Liquidity Stock Index Fund

38,700,889

Mellon Capital Management Corp.

Mellon EB Daily Liquidity Aggregate Bond Index Fd

32,964,916

Mellon Capital Management Corp.

Mellon EB Daily Market Completion Fund

10,792,809

Total Balanced 60/40 Fund

82,458,614

Mellon Capital Management Corp.

Mutual Fund - Daily Liquidity Stock Index Fund

62,926,044

Mellon Capital Management Corp.

Mellon EB Daily Liquidity Aggregate Bond Index Fd

20,057,780

Mellon Capital Management Corp.

Mellon EB Daily Market Completion Fund

17,561,633

Total Balanced 80/20 Fund

100,545,457

State Street Global Advisor

Mutual Fund - Ssga Index Plus Secs Lending Ser A Fund

74,818,379

Mellon Capital Management Corp.

Mutual Fund - Mellon EB Daily Market Completion Fund

181,226,501

Frank Russell

Mutual Fund - Frank Russell Equity #1 Fund

144,607,897

State Street Global Advisor

Mutual Fund - SSGA Gov't TIPS Bond Fund

24,179,465

T.Rowe Price

Mutual Fund - Frozen Stable Value Fund

32,412,517

Total Interest in Registered Investment Companies

1,243,790,763

S-1

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

BONDS AND DEBENTURES

ASIF Global Financing Xxiii Nt144A

Corporate Fixed Income

3.900%

10/22/08

199,912

Bank Amer Corp

Corporate Fixed Income

3.250%

08/15/08

167,100

Banc One Corp

Corporate Fixed Income

2.625%

06/30/08

163,217

Bank One Corp

Corporate Fixed Income

6.000%

08/01/08

278,273

Bear Stearns Arm Tr2004-7 Mtg Passthru Ctf Cl-4Arate

Corporate Fixed Income

3.220%

10/25/34

1,508,138

Bear Stearns Alt-A Tr2004-13 Mtg Passthru Ctf Cl-A1

Corporate Fixed Income

2.900%

11/25/34

1,736,920

Cwmbs Inc Pass Thru Ctfschl Mtg Passthru Ctf 2001-Hyb1

Corporate Fixed Income

3.255%

06/19/31

107,361

Capital Auto Receivables Assettr2002-3 Asset Bkd Nt Cl A-3

Corporate Fixed Income

3.580%

10/16/06

1,174,107

Capital Auto Receivables Assettr2004-2 Asset Backed Nt Cl A-2

Corporate Fixed Income

3.350%

02/15/08

1,471,313

Chase Issuance Tr2004-9 Nt Cl A

Corporate Fixed Income

3.220%

06/15/10

1,092,310

Citibank Cr Card Issuance Tr2004-A1 Nt

Corporate Fixed Income

2.550%

01/20/09

1,376,177

Citigroup Incglobal Sr Nt Dtd 01/31/2003

Corporate Fixed Income

3.500%

02/01/08

851,187

Citibank Cr Card Issuance Tr2004-A4 Nt

Corporate Fixed Income

3.200%

08/24/09

1,311,336

Daimlerchrysler Auto Tr2002-C Asset Bkd Nt Cl A-4

Corporate Fixed Income

3.090%

01/08/08

1,647,853

Diageo Cap Plcglobal Nt

Corporate Fixed Income

3.375%

03/20/08

143,627

Federal Natl Mtg Assn Gtdremic Pass Thru Tra-1-Fixed Rt061604

Corporate Fixed Income

5.750%

08/25/34

2,067,478

First Rep Mtg Ln Tr V/Rcmo/Ser 2000 Cl-A2

Corporate Fixed Income

3.817%

06/25/30

181,738

General Elec Cap Corp M/T/Nser-A

Corporate Fixed Income

9.830%

12/15/08

212,778

General Elec Cap Corp M/T/N

Corporate Fixed Income

3.450%

07/16/07

897,561

GMAC Coml Mtg Secs Incmtg Passthru Ctf Ser 99-C3A-2

Corporate Fixed Income

7.179%

08/15/36

820,006

Golden West Finl Corp Del

Corporate Fixed Income

4.125%

08/15/07

147,165

Gs Mtg Secs Corp Ii V/Rcoml Mtg Passthru 2003-C1 Cl

Corporate Fixed Income

1.016%

01/10/40

757,429

Gs Mtg Secs Corp2004-9 Mtg Passthru Ctf Cl

Corporate Fixed Income

3.691%

08/25/34

1,708,543

Honda Auto Receivables 2004-2Owner Trasset Bkd Nt Cl A-3

Corporate Fixed Income

3.300%

06/16/08

1,404,548

Honda Auto Receivables 2004-3Owner Trasset Backed Nt Cl A-3

Corporate Fixed Income

2.910%

10/20/08

1,238,944

Household Finance Corp

Corporate Fixed Income

4.125%

12/15/08

351,432

IFC Sbap 97-1A V/R

Corporate Fixed Income

01/15/24

410,363

Lb-Ubs Coml Mtg Tr

Corporate Fixed Income

1.358%

04/15/37

698,298

MBNA Cr Card Master Nt Tr2003-7 Nt Cl A

Corporate Fixed Income

2.650%

11/15/10

1,592,486

Merck & Co Incglobal Nt

Corporate Fixed Income

5.250%

07/01/06

128,120

Missouri Higher Ed Ln Auth Student Lnrevt-Bill Fltg Rate Nts-Ptaxable Call

Corporate Fixed Income

07/25/08

359,742

Morgan Stanley Cap I Incmorgan Stanley Cap I Inccoml Mtg Passthru Ctf 99-Fnv1Cl A-2

Corporate Fixed Income

6.530%

03/15/31

1,465,472

S-2

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Nissan Auto Receivables 2001-Cowner Trser 2001-C Cl A4

Corporate Fixed Income

4.800%

02/15/07

638,735

Ontario Prov Cdaontario Prov Cdabd Dtd 07/16/2004

Corporate Fixed Income

3.350%

07/16/07

348,352

Residential Accredit Lns Incmtg Pass Thru Ctfa-1-Fixed Rt122001

Corporate Fixed Income

6.000%

12/25/16

192,298

Residential Fdg Mtg Secs I Incmtg Pass Thru Ctfs2004-Sr1 Mtg Passthru Ctf Cl-A1

Corporate Fixed Income

5.500%

09/25/33

1,242,661

Sears Cr Account Master Tr Iiser 2000-2 Tr Ctf Cl A

Corporate Fixed Income

6.750%

09/16/09

896,848

State Str Cap Tr Iigtd Med Term Cap Secs Fltg

Corporate Fixed Income

02/15/08

326,456

Structured Asset Secs Corpcoml Mtg Passthru Ctf 97-Lli Cl A2'Seq Payer'

Corporate Fixed Income

6.840%

10/12/34

104,380

Structured Asset Secs Corp2004-3Ac Mtg Passthru Ctf Cl

Corporate Fixed Income

4.920%

03/25/34

1,362,243

Structured Adj Rate Mtg Ln Tr2004-13 Mtg Passthru Ctf Cl

Corporate Fixed Income

1.997%

09/25/34

1,241,423

Tms Sba Ln Tr1997-1 Sba Ln Bkd Ctf Cl Badj Rate

Corporate Fixed Income

6.020%

01/15/25

175,770

Tms Sba Ln Tr1996-2 Sba Ln Bkd Ctf Cl A Adja-Var Rate122096

Corporate Fixed Income

4.229%

04/15/24

295,877

Union Planters Mtg Fin Corpser 1999-1 Mtg Passthru Ctf Cla-1

Corporate Fixed Income

6.250%

04/01/29

71,143

Slm Corp M/T/N

Corporate Fixed Income

5.625%

04/10/07

62,571

U S Bk Natl Assn Minneapolisminnsub Nt Dtd 07/23/1998

Corporate Fixed Income

6.300%

07/15/08

292,272

Verizon Global Fdg Corp

Corporate Fixed Income

6.125%

06/15/07

423,652

Vodafone Group Plc Newvodafone Group Plc Newnt Dtd 12/18/2002

Corporate Fixed Income

3.950%

01/30/08

110,767

Virginia Elec & Pwr Co

Corporate Fixed Income

5.750%

03/31/06

478,694

Wachovia Corp 2^Nd Newnt

Corporate Fixed Income

3.500%

08/15/08

247,500

Washington Mut Mtg Secs Corp2001-9 Mtg Passthru Ctf Cl 1A1Rate

Corporate Fixed Income

04/25/28

174,009

Washington Mut Mtg Secs Corp2002-Ar1 Msc Mtg Passthru Ctfvar Rate

Corporate Fixed Income

3.968%

11/25/30

308,420

Washington Mut Mtg Secs Corp2002-Ms1 Mtg Passthru Ctf Clii-A-1-Fixed Rt

Corporate Fixed Income

6.250%

02/25/32

258,257

Tms Sba Ln Tr V/R1997-1A

Corporate Fixed Income

6.500%

01/15/25

252,164

Us Central Credit Union

Corporate Fixed Income

2.750%

05/30/08

280,688

American Express Bk Fsb M/T/N V/R

Corporate Fixed Income

11/21/07

399,832

Anadarko Fin Cosr Nt

Corporate Fixed Income

7.500%

05/01/31

68,142

Asif Global Financing Xxiii Nt144A

Corporate Fixed Income

3.900%

10/22/08

164,927

Bank Amer Corp

Corporate Fixed Income

3.250%

08/15/08

309,626

Banc One Corp

Corporate Fixed Income

2.625%

06/30/08

139,215

Banc Amer Alternative Ln Tr2004-6 Mtg Passthru Ctf Cl

Corporate Fixed Income

5.000%

07/25/19

283,882

S-3

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Banc Amer Alternative Ln Tr2004-5 Mtg Passthru Ctf Cl4-A-1-Fixed Rt052504

Corporate Fixed Income

5.000%

06/25/19

282,998

Bankamerica Corp

Corporate Fixed Income

6.250%

04/01/08

53,757

Bankamerica Corp Deb

Corporate Fixed Income

5.875%

02/15/09

118,092

Bank One Corp

Corporate Fixed Income

6.000%

08/01/08

230,110

Bellsouth Corpdeb

Corporate Fixed Income

6.550%

06/15/34

27,241

Bellsouth Corp

Corporate Fixed Income

4.200%

09/15/09

175,457

Berkshire Hathaway Fin Corpsr Nt

Corporate Fixed Income

3.375%

10/15/08

123,570

Boston Scientific Corpnt

Corporate Fixed Income

5.450%

06/15/14

62,331

Bristol-Meyer Squibb

Corporate Fixed Income

6.875%

08/01/97

57,353

British Telecommunicationsp L Cnt

Corporate Fixed Income

8.875%

12/15/30

6,695

Canadian Pac Ry Co Newnt

Corporate Fixed Income

6.250%

10/15/11

82,667

Canadian Pac Ry Co Newsr Nt Dtd 03/24/2003

Corporate Fixed Income

5.750%

03/15/33

101,053

Capital Auto Receivables Assettr2002-5 Asset Bkd Nt Cl A-4

Corporate Fixed Income

2.920%

04/15/08

748,649

Chase Coml Mtg Secs Corp1999-2 Coml Mtg Passthru Ctfcl A-2

Corporate Fixed Income

7.198%

01/15/32

281,584

Chase Issuance Tr2004-9 Nt Cl A

Corporate Fixed Income

3.220%

06/15/10

645,456

Chrysler Corp

Corporate Fixed Income

7.450%

03/01/27

27,797

Citigroup Inc

Corporate Fixed Income

06/09/09

801,216

Citibank Cr Card Issuance Trnt 2000-A1 Cl A1

Corporate Fixed Income

6.900%

10/15/07

617,931

Citigroup Incnt

Corporate Fixed Income

6.200%

03/15/09

54,342

Citibank Cr Card Issuance Tr2004-A1 Nt

Corporate Fixed Income

2.550%

01/20/09

737,238

Citigroup Incglobal Sr Nt Dtd 01/31/2003

Corporate Fixed Income

3.500%

02/01/08

373,328

Citibank Cr Card Issuance Tr2003 A-6 Nt

Corporate Fixed Income

2.900%

05/17/10

486,802

Citigroup Incglobal Nt Dtd 02/09/2004

Corporate Fixed Income

3.625%

02/09/09

396,572

Citibank Cr Card Issuance Tr2004-A4 Nt

Corporate Fixed Income

3.200%

08/24/09

816,492

Comcast Cable Communications

Corporate Fixed Income

6.375%

01/30/06

77,471

Comcast Corp Newnt

Corporate Fixed Income

7.050%

03/15/33

97,260

Conoco Funding Co 6.35 15Oct2011

Corporate Fixed Income

6.350%

10/15/11

111,618

Conoco Inc Usd

Corporate Fixed Income

6.950%

04/15/29

17,713

Consolidated Nat Gas Cosr Nt

Corporate Fixed Income

5.000%

03/01/14

25,059

Continental Cablevision Inc Sr Nt

Corporate Fixed Income

8.300%

05/15/06

47,804

Credit Suisse First Boston Mtgsecs Corpcoml Mtg Passthru Ctf 1998-C2Cl A-2

Corporate Fixed Income

6.300%

11/11/30

355,975

Cwalt Inc2004-27Cb Mtg Passthru Ctf Cl-A1

Corporate Fixed Income

6.000%

12/25/34

609,867

Daimlerchrysler Auto Tr2001-C Asset Bkd Nt Cl A-4

Corporate Fixed Income

4.630%

12/06/06

217,517

Daimlerchrysler North Amer Mtnhldg Corp Medium Term Nts Booktranche # Tr 00036

Corporate Fixed Income

09/10/07

150,492

Daimlerchrysler North Amerhldg Corp

Corporate Fixed Income

4.050%

06/04/08

49,897

Depfa Acs Bkasset Covered Secs

Corporate Fixed Income

3.625%

10/29/08

296,763

Devon Fing Corp U L Cdeb

Corporate Fixed Income

7.875%

09/30/31

125,908

Deutsche Telekom Int 8.25 15Jun2005Gtd Nt

Corporate Fixed Income

8.250%

06/15/05

25,583

Deutsche Telekom Intl Fin B Vgtd Nt

Corporate Fixed Income

8.750%

06/15/30

26,409

S-4

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Dlj Coml Mtg Corpcoml Mtg Passthru Ctf 1998-Cf1Cl A-1B

Corporate Fixed Income

6.410%

02/18/31

106,807

Dominion Res Inc Delnt Dtd 09/16/2002

Corporate Fixed Income

5.700%

09/17/12

105,880

Dominion Res Inc Del

Corporate Fixed Income

5.125%

12/15/09

51,735

Eksportfinans A S A Mediumterm Nts Book Entrytranche # Tr 00012

Corporate Fixed Income

3.375%

01/15/08

432,757

Encana Corpnt

Corporate Fixed Income

6.505%

08/15/34

54,890

Eop Oper Ltd Partnershipnt

Corporate Fixed Income

7.250%

06/15/28

56,643

Eop Oper Ltd Partnershipgtd Nt

Corporate Fixed Income

4.750%

03/15/14

53,205

Exelon Corp

Corporate Fixed Income

6.750%

05/01/11

27,966

First Un Corpsub Nt

Corporate Fixed Income

6.300%

04/15/08

134,110

First Union-Lehman Bros Bk-Amercoml Mtg Trser 1998-C2 Passthru Ctf Cl A2

Corporate Fixed Income

6.560%

11/18/35

354,795

Firstenergy Corpnt Ser C

Corporate Fixed Income

7.375%

11/15/31

62,809

Fleetboston Finl Corpfleetboston Finl Corpsr Nt Dtd 02/13/2003

Corporate Fixed Income

3.850%

02/15/08

90,418

General Elec Cap Corp M/T/N

Corporate Fixed Income

4.250%

01/15/08

650,131

General Elec Cap Corp Mediumterm Nts Book Entrytranche # Tr 00649

Corporate Fixed Income

07/28/08

425,366

General Elec Cap Corp M/T/N

Corporate Fixed Income

3.600%

10/15/08

306,612

General Elec Cap Corp M/T/Nterm Nts Book Entrytranche # Tr 00669

Corporate Fixed Income

4.375%

11/21/11

39,763

General Mls Incnt

Corporate Fixed Income

5.125%

02/15/07

56,470

General Motors Accep Corp

Corporate Fixed Income

5.625%

05/15/09

320,013

General Mtrs Accep Corp

Corporate Fixed Income

6.875%

09/15/11

15,372

General Motors Accep Corp Nt

Corporate Fixed Income

8.000%

11/01/31

113,067

GMAC Commercial Mortgage Secur

Corporate Fixed Income

6.175%

05/15/33

188,623

GMAC Comm Mtg Sec Inc

Corporate Fixed Income

6.945%

09/15/33

470,139

GMAC Coml Mtg Secs Incmtg Passthru Ctf Ser 99-C3A-2

Corporate Fixed Income

7.179%

08/15/36

474,220

Gs Mtg Secs Corp Iicoml Mtg Passthru Ctf 1998-C1A-3-Fixed Rt102698

Corporate Fixed Income

6.135%

10/18/30

328,234

Gs Mtg Secs Corp2004-9 Mtg Passthru Ctf Cl4A1-Var Rate072804

Corporate Fixed Income

4.072%

08/25/34

947,383

Hsbc Bk Usa Global Medium Termsr Bk Nts Book Entrytranche # Sr 00012

Corporate Fixed Income

09/21/07

300,126

Hsbc Bk Usa Globalsr Bk Nts

Corporate Fixed Income

3.875%

09/15/09

322,166

Heller Finl Coml Mtg Asset Corpmtg Passthru Ctf Ser 1999-Ph-1 Cl-A2

Corporate Fixed Income

6.847%

05/15/31

246,745

Household Finance Corp

Corporate Fixed Income

4.125%

12/15/08

100,409

Household Fin Corpnt Dtd 05/22/2002Acquired By Household Intl Inc06/26/1981

Corporate Fixed Income

7.000%

05/15/12

68,519

Household Fin Corp Nt

Corporate Fixed Income

6.450%

02/01/09

43,474

Household Fin Corpntacquired By Household Intl Inc06/26/1981

Corporate Fixed Income

4.125%

11/16/09

283,467

S-5

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

J P Morgan Chase & Cont Dtd 03/01/2002

Corporate Fixed Income

5.350%

03/01/07

181,652

J P Morgan Chase Coml Mtg Secscorp2001-Cibc2 Coml Mtg Passthru

Corporate Fixed Income

6.429%

04/15/35

383,072

J P Morgan Chase & Cont Dtd 03/02/2004

Corporate Fixed Income

3.500%

03/15/09

83,280

Kraft Foods Incnt

Corporate Fixed Income

6.250%

06/01/12

71,355

Lb-Ubs Coml Mtg Tr

Corporate Fixed Income

7.370%

08/15/26

348,489

Lb-Ubs Coml Mtg Tr2004-C8 Cl-A22004-C8 Coml Mtg Passthru Ctf

Corporate Fixed Income

4.201%

12/15/29

431,011

Lehman Brothers Hldgs Inc

Corporate Fixed Income

7.000%

02/01/08

27,315

Lockheed Martin Corp 8.50 01Dec2029

Corporate Fixed Income

8.500%

12/01/29

218,925

Marsh & Mclennan Cos Incmarsh & Mclennan Cos Incsr Nt

Corporate Fixed Income

5.375%

07/15/14

53,738

Massmutual Global Fdg Iimedium Term Nts Book Entrytranche # Tr 00009

Corporate Fixed Income

2.550%

07/15/08

139,155

Mastr Alternative Ln Tr2004-4 Mtg Passthru Ctf Cl-1A1

Corporate Fixed Income

5.500%

05/25/34

268,731

MBNA Cr Card Master Nt Tr2003-7 Nt Cl A

Corporate Fixed Income

2.650%

11/15/10

651,472

MBNA Cr Card Master Nt Tr2004-4 Nt Cl A

Corporate Fixed Income

2.700%

09/15/09

589,941

Merck & Co Incsr Nt Dtd 02/18/2003

Corporate Fixed Income

4.375%

02/15/13

97,586

Metropolitan Life Global Fdg I *Pp*Medium Term Nts Book Entrytranche # Tr 00011144A

Corporate Fixed Income

4.250%

07/30/09

110,722

Morgan J P Coml Mtg Fin Corpmtg Passthru Ctf 2000-C10 Cl

Corporate Fixed Income

7.371%

08/15/32

357,401

Morgan Stanley Cap I Incmorgan Stanley Cap I Inccoml Mtg Passthru Ctf 98-Hf2Cl A-2

Corporate Fixed Income

6.480%

11/15/30

473,634

National Westminster Bk Plc

Corporate Fixed Income

7.375%

10/01/09

85,383

News Amer Hldgs Inc Sr Deb

Corporate Fixed Income

7.750%

01/20/24

47,435

News Amer Incgtd Sr Deb Dtd 04/30/1998

Corporate Fixed Income

7.300%

04/30/28

114,585

News Amer Incsr Deb

Corporate Fixed Income

7.280%

06/30/28

28,571

Northrop Grumman 7.875 01Mar2026

Corporate Fixed Income

7.875%

03/01/26

94,460

Northrop Grumman Corpnt

Corporate Fixed Income

7.125%

02/15/11

63,119

Northrop Grumman Corpsr Ntformerly Northrop Corp To05/19/1994

Corporate Fixed Income

4.079%

11/16/06

131,313

Occidental Pete Corpsr Nt

Corporate Fixed Income

8.450%

02/15/29

60,958

Pennsylvania Elec Cosr Nt

Corporate Fixed Income

5.125%

04/01/14

50,025

Protective Life Secd Trs Secd M/T/N

Corporate Fixed Income

3.700%

11/24/08

104,691

Progress Energy Incsr Nt

Corporate Fixed Income

7.750%

03/01/31

66,008

Progress Energy Incsr Nt

Corporate Fixed Income

7.000%

10/30/31

55,374

Rbs Cap Tr I Pfdtr Secs

Corporate Fixed Income

4.709%

12/29/49

170,485

Raytheon Cont Dtd 11/15/2002

Corporate Fixed Income

4.500%

11/15/07

19,439

Rouse Cont

Corporate Fixed Income

3.625%

03/15/09

155,552

SBC Communications Incglobal Nt

Corporate Fixed Income

6.450%

06/15/34

26,784

SBC Communications Incglobal Nt

Corporate Fixed Income

4.125%

09/15/09

74,864

Salomon Bros Coml Mtg Trcoml Mtg Passthru Ctf 2000-C3Cl A2

Corporate Fixed Income

6.592%

12/18/33

392,331

S-6

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Slm Student Ln Tr V/R2004-9 Student Ln Bkd Nt Cl-A1

Corporate Fixed Income

2.690%

10/26/09

874,594

Slm Corp Medium Term Nts Bookentrytranche # Tr 00077

Corporate Fixed Income

4.000%

01/15/10

248,065

Structured Asset Secs Corp *Pp*2003-Al2 Asset Bkd Ctf Cl A144A

Corporate Fixed Income

3.357%

01/25/31

363,876

Suncor Energy Incnt Dtd 11/24/2003Formerly Suncor Inc To04/17/1997

Corporate Fixed Income

5.950%

12/01/34

36,693

Suntrust Bank Inc

Corporate Fixed Income

3.625%

10/15/07

204,520

Suntrust Banks Inc C/D

Corporate Fixed Income

4.415%

06/15/09

112,406

Suntrust Bk Inc

Corporate Fixed Income

4.000%

10/15/08

70,645

Swedish Expt Cr Corp-Ab Svensk

Corporate Fixed Income

2.875%

01/26/07

123,746

Tci Communications Inc Deb

Corporate Fixed Income

7.125%

02/15/28

129,958

Telecom Italia Capgtd Sr Nt

Corporate Fixed Income

4.950%

09/30/14

29,392

Tiaa Global Mkts Inc

Corporate Fixed Income

3.875%

01/22/08

216,333

Time Warner Companies Inc V/Rdeb

Corporate Fixed Income

8.180%

08/15/07

111,057

Time Warner Companies Incdeb

Corporate Fixed Income

7.570%

02/01/24

258,797

Ubs Pfd Fdg Tr Itr Pfd Secs8.622% To 10/10 Thereafter V/R

Corporate Fixed Income

8.622%

10/29/49

60,101

U S Bancorp M/T/N

Corporate Fixed Income

3.950%

08/23/07

25,240

U S Bk Natl Assn Cincinnatiohio Medium Term Bk Nts Booktranche # Tr 00226

Corporate Fixed Income

10/01/07

599,958

Vodafone Airtouch Plcntformerly Vodafone Group Plc To06/28/1999

Corporate Fixed Income

7.750%

02/15/10

214,685

Verizon Global Fdg Corpnt

Corporate Fixed Income

7.750%

12/01/30

12,433

Verizon Md Incdeb Ser A

Corporate Fixed Income

6.125%

03/01/12

129,246

Verizon New Jersey Incdeb Ser A Dtd 01/15/2002

Corporate Fixed Income

5.875%

01/17/12

58,436

Verizon Md Incdeb Ser B

Corporate Fixed Income

5.125%

06/15/33

80,732

Virginia Elec & Pwr Co

Corporate Fixed Income

5.750%

03/31/06

205,890

Wachovia Bk Coml Mtg Tr2003-C6 Coml Mtg Passthru Ctf

Corporate Fixed Income

5.125%

08/15/35

513,727

Wells Fargo Co

Corporate Fixed Income

09/28/07

125,023

Wells Fargo Bk N A

Corporate Fixed Income

7.800%

06/15/10

102,093

Wells Fargo & Co Newsr Nt Fltg Rate

Corporate Fixed Income

09/15/09

384,546

Wells Fargo & Co Newnt

Corporate Fixed Income

4.200%

01/15/10

376,523

Wells Fargo Mtg Backed Secs V/R2004-K Tr Mtg Passthru Ctf Cl 1A2'Cstr,Pt,As'

Corporate Fixed Income

4.482%

07/25/34

797,490

Wells Fargo & Co Newnt

Corporate Fixed Income

4.000%

08/15/08

629,181

Wyeth

Corporate Fixed Income

6.500%

02/01/34

69,348

Xl Cap Ltd

Corporate Fixed Income

6.375%

11/15/24

63,157

Associates Corp North Amer Sr Nts

Corporate Fixed Income

6.875%

11/15/08

386,323

Burlington Northern Santa Fe Corp

Corporate Fixed Income

4.875%

01/15/15

49,816

Wachovia Corporation2Nd New Com

Corporate Fixed Income

3.625%

02/17/09

54,367

Total Corporate Bonds

69,545,372

S-7

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

FNMA Gtd Remiccmo/Ser 2002-14 Cl-T-6

Gov't Assets and Mortg Backed

3.310%

02/25/32

343,466

FHLMCcmo/Ser 2654 Cl-Ob

Gov't Assets and Mortg Backed

5.000%

03/15/18

1,318,543

GNMA Pool # 80947

Gov't Assets and Mortg Backed

3.750%

06/20/34

3,045,717

Gs Mtg Secs Corp2004-11 Mtg Passthru Ctf Cl-1A1

Gov't Assets and Mortg Backed

4.480%

09/25/34

1,348,277

GNMA Pool # 780487

Gov't Assets and Mortg Backed

7.250%

04/15/06

9,995

GNMA Pool # 780985

Gov't Assets and Mortg Backed

6.000%

12/15/08

206,206

GNMA Pool # 781284

Gov't Assets and Mortg Backed

6.000%

02/15/11

282,721

FHLMC Corp Grp # 775626

Gov't Assets and Mortg Backed

4.147%

09/01/23

390,780

FHLMC Corp Grp # 788612

Gov't Assets and Mortg Backed

7.350%

03/01/31

45,336

FNMA Pool # 252317

Gov't Assets and Mortg Backed

5.500%

02/01/09

285,060

FNMA Pool # 251904

Gov't Assets and Mortg Backed

6.000%

08/01/08

171,087

FNMA Pool # 86643

Gov't Assets and Mortg Backed

5.287%

06/01/29

5,257

FNMA Pool # 0323331

Gov't Assets and Mortg Backed

6.500%

11/01/08

297,303

FNMA Pool # 555255

Gov't Assets and Mortg Backed

6.196%

04/01/40

472,414

FNMA Pool # 460770

Gov't Assets and Mortg Backed

3.407%

12/01/09

744,008

FNMA Remic Trpass Thru Tr 2004-28 Cl-Pb

Gov't Assets and Mortg Backed

6.000%

08/25/28

510,898

FNMA Remic Trpass Thru Tr Ser 2003-87 Cl-Tj

Gov't Assets and Mortg Backed

4.500%

09/25/18

194,880

FNMA Remic Trcmo/Ser 1993-221 Cl-D 'Pac(11)'

Gov't Assets and Mortg Backed

6.000%

12/25/08

86,755

FNMA Remic Trremic Pass Thru Tr Ser 2003-16 Cl-Bc

Gov't Assets and Mortg Backed

5.000%

03/25/18

130,707

FHLMC Remic Trcmo/Ser 2538 Cl-Cbn Ctfs Gtd

Gov't Assets and Mortg Backed

5.000%

12/15/17

284,992

FNMA Remic Trremic Pass Thru Tr Ser 2004-88 Cl-Ha

Gov't Assets and Mortg Backed

6.500%

07/25/34

305,105

S-8

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

FNMA Gtdremic Pass Thru Trpreassign 00674

Gov't Assets and Mortg Backed

5.500%

01/25/34

462,673

FHLMCcmo/Ser 2864 Cl-Na

Gov't Assets and Mortg Backed

5.500%

01/15/31

455,519

Gov't Nat'l Mtg Assn Pool# 781590

Gov't Assets and Mortg Backed

5.500%

04/15/33

549,581

GNMA Pool # 582386

Gov't Assets and Mortg Backed

6.000%

10/15/32

44,441

GNMA Pool # 589206

Gov't Assets and Mortg Backed

6.000%

10/15/32

18,105

GNMA Pool # 599742

Gov't Assets and Mortg Backed

6.000%

10/15/32

9,431

GNMA Pool # 80916

Gov't Assets and Mortg Backed

3.750%

05/20/34

497,153

Small Business Admin Gtd Partnctfsser Sbic-Ps 2003-10 A

Gov't Assets and Mortg Backed

4.524%

02/10/13

456,799

FNMA TBA 15Yr Sfm 4.00 Jan

Gov't Assets and Mortg Backed

01/01/20

390,375

GNMA Pool # 590089

Gov't Assets and Mortg Backed

5.500%

07/15/33

282,246

GNMA Pool # 572394

Gov't Assets and Mortg Backed

7.000%

11/15/31

14,020

GNMA Pool # 623389

Gov't Assets and Mortg Backed

6.000%

02/15/34

1,148,528

GNMA Pool # 499416

Gov't Assets and Mortg Backed

6.000%

02/15/29

6,848

GNMA Pool # 372062

Gov't Assets and Mortg Backed

6.500%

03/15/24

105,816

GNMA Pool # 781548

Gov't Assets and Mortg Backed

7.000%

11/15/32

29,824

GNMA Pool # 781328

Gov't Assets and Mortg Backed

7.000%

09/15/31

131,266

FNMA TBA 15Yr Sfm 06.00% Jan

Gov't Assets and Mortg Backed

01/01/20

(838,000)

FHLMC TBA 15Yr Gold Sfm 05.50% Jan

Gov't Assets and Mortg Backed

01/01/19

103,250

FHLMC TBA 15Yr Gold Sfm 04.50% Jan

Gov't Assets and Mortg Backed

01/15/20

(398,500)

FHLMC Corp Grp # M80817

Gov't Assets and Mortg Backed

4.000%

05/01/10

236,377

FNMA TBA 15Yr Sfm 04.50% Jan

Gov't Assets and Mortg Backed

01/01/19

(996,563)

FNMA TBA 30Yr Sfm 04.50% Jan

Gov't Assets and Mortg Backed

4.500%

01/01/35

483,125

FNMA TBA 15Yr Sfm 05.50% Jan

Gov't Assets and Mortg Backed

01/01/20

(1,239,750)

S-9

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

FNMA TBA 30Yr Sfm 06.50% Jan

Gov't Assets and Mortg Backed

01/01/35

524,219

FHLMC Corp Grp # G01391

Gov't Assets and Mortg Backed

7.000%

04/01/32

155,519

FHLMC Corp Grp # E00627

Gov't Assets and Mortg Backed

5.500%

02/01/14

264,111

FHLMC TBA 30Yr Gold Sfm 06.00% Jan

Gov't Assets and Mortg Backed

01/01/34

(309,844)

FHLMC Corp Grp # E91860

Gov't Assets and Mortg Backed

5.500%

10/01/17

149,430

FHLMC Corp Grp # E88978

Gov't Assets and Mortg Backed

5.500%

04/01/17

161,155

FHLMC Corp Grp # C90213

Gov't Assets and Mortg Backed

7.000%

04/01/18

39,105

FHLMC Corp Grp # G01534

Gov't Assets and Mortg Backed

6.000%

04/01/33

589,115

FNMA TBA 30Yr Sfm 05.50% Jan

Gov't Assets and Mortg Backed

01/01/35

(3,552,500)

FNMA TBA 15Yr Sfm 05.00% Jan

Gov't Assets and Mortg Backed

01/01/20

2,335,938

FHLMC TBA 15Yr Gold Sfm 05.00% Jan

Gov't Assets and Mortg Backed

01/01/19

507,500

FNMA TBA 30Yr Sfm 06.00% Jan

Gov't Assets and Mortg Backed

01/01/35

1,654,000

FNMA TBA 30Yr Sfm 05.00% Jan

Gov't Assets and Mortg Backed

01/01/35

991,875

FHLMC TBA 30Yr Gold Sfm 05.00% Jan

Gov't Assets and Mortg Backed

01/15/33

496,406

FHLMC Corp Grp # C49499

Gov't Assets and Mortg Backed

6.500%

04/01/31

9,757

FHLMC Corp Grp # A12429

Gov't Assets and Mortg Backed

5.500%

08/01/33

39,521

FHLMC Corp Grp # B14156

Gov't Assets and Mortg Backed

4.000%

05/01/19

184,394

FHLMC Corp Grp # B14838

Gov't Assets and Mortg Backed

4.500%

06/01/19

470,457

FNMA Pool # 545762

Gov't Assets and Mortg Backed

6.500%

07/01/32

96,864

FNMA Pool # 786298

Gov't Assets and Mortg Backed

5.500%

07/01/19

310,275

FNMA Pool # 783710

Gov't Assets and Mortg Backed

5.500%

07/01/34

393,682

FNMA Pool # 255413

Gov't Assets and Mortg Backed

6.500%

10/01/34

468,112

FNMA Pool # 783713

Gov't Assets and Mortg Backed

5.500%

05/01/34

94,656

S-10

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

FNMA Pool # 555114

Gov't Assets and Mortg Backed

5.500%

12/01/17

14,512

FNMA Pool # 738632

Gov't Assets and Mortg Backed

5.000%

11/01/18

179,748

FNMA Pool # 270269

Gov't Assets and Mortg Backed

5.500%

12/01/08

285,070

FNMA Pool # 357414

Gov't Assets and Mortg Backed

4.000%

07/01/18

365,900

FNMA Pool # 555531

Gov't Assets and Mortg Backed

5.500%

06/01/33

137,549

FNMA Pool # 562319

Gov't Assets and Mortg Backed

7.000%

01/01/31

1,643

FNMA Pool # 575493

Gov't Assets and Mortg Backed

5.500%

04/01/17

17,634

FNMA Pool # 545556

Gov't Assets and Mortg Backed

7.000%

04/01/32

39,228

FNMA Pool # 780625

Gov't Assets and Mortg Backed

4.000%

05/01/19

97,204

FNMA Pool # 254407

Gov't Assets and Mortg Backed

7.000%

08/01/32

192,464

FNMA Pool # 647694

Gov't Assets and Mortg Backed

6.000%

05/01/17

171,639

FNMA Pool # 252345

Gov't Assets and Mortg Backed

6.000%

03/01/14

154,330

FNMA Pool # 786194

Gov't Assets and Mortg Backed

5.500%

07/01/34

42,270

FNMA Pool # 779083

Gov't Assets and Mortg Backed

5.500%

06/01/34

335,811

FNMA Pool # 725232

Gov't Assets and Mortg Backed

5.000%

03/01/34

1,706,444

FNMA Pool # 647484

Gov't Assets and Mortg Backed

7.000%

06/01/32

8,213

FNMA Pool # 572833

Gov't Assets and Mortg Backed

6.000%

04/01/16

348,866

FNMA Pool # 545823

Gov't Assets and Mortg Backed

5.500%

08/01/17

14,376

FNMA Pool # 545900

Gov't Assets and Mortg Backed

5.500%

07/01/17

40,686

FNMA Pool # 607105

Gov't Assets and Mortg Backed

6.500%

11/01/31

132,631

FNMA Pool # 555880

Gov't Assets and Mortg Backed

5.500%

11/01/33

388,803

FNMA Pool # 774070

Gov't Assets and Mortg Backed

5.500%

05/01/34

762,824

FNMA Pool # 254235

Gov't Assets and Mortg Backed

6.000%

03/01/17

705,977

S-11

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

FNMA Pool # 190319

Gov't Assets and Mortg Backed

6.500%

02/01/32

881,735

FNMA Pool # 658290

Gov't Assets and Mortg Backed

4.500%

04/01/18

289,124

FNMA Pool # 687885

Gov't Assets and Mortg Backed

5.500%

03/01/18

283,980

FNMA Pool # 777336

Gov't Assets and Mortg Backed

4.500%

04/01/19

371,858

FNMA Pool # 778464

Gov't Assets and Mortg Backed

4.500%

04/01/19

358,929

FNMA Pool # 545576

Gov't Assets and Mortg Backed

6.000%

03/01/17

183,966

FNMA Pool # 626720

Gov't Assets and Mortg Backed

6.000%

01/01/17

34,887

FNMA Pool # 777774

Gov't Assets and Mortg Backed

5.500%

05/01/34

100,750

FNMA Pool # 773384

Gov't Assets and Mortg Backed

5.500%

05/01/34

403,355

FNMA Pool # 682771

Gov't Assets and Mortg Backed

6.500%

01/01/33

91,009

FNMA Pool # 775737

Gov't Assets and Mortg Backed

5.500%

05/01/34

431,876

FNMA Pool # 779416

Gov't Assets and Mortg Backed

5.500%

06/01/34

204,011

FNMA Pool # 779556

Gov't Assets and Mortg Backed

5.500%

06/01/34

336,810

FNMA Pool # 805038

Gov't Assets and Mortg Backed

5.500%

01/01/20

206,809

FNMA Pool # 650184

Gov't Assets and Mortg Backed

5.500%

08/01/17

1,034,600

FNMA Pool # 678027

Gov't Assets and Mortg Backed

6.000%

09/01/17

92,857

FNMA Pool # 769094

Gov't Assets and Mortg Backed

5.500%

06/01/34

233,523

FNMA Pool # 773501

Gov't Assets and Mortg Backed

5.500%

08/01/19

866,027

FNMA Pool # 776524

Gov't Assets and Mortg Backed

6.500%

03/01/34

493,544

FNMApreassign 00353Issues Dated 4/1/1996 & After

Gov't Fixed Income

2.375%

12/15/05

1,257,884

Federal Natl Mtg Assn M/T/N

Gov't Fixed Income

2.710%

01/30/07

3,435,906

FHLMCdtd 01/16/2001

Gov't Fixed Income

5.250%

01/15/06

4,239,484

FHLMC

Gov't Fixed Income

3.875%

11/10/08

2,505,469

FHLMCmedium Term Nts Fed Book Entrytranche # Tr 00116

Gov't Fixed Income

4.750%

12/08/10

934,650

U S Treasury Notes

Gov't Fixed Income

4.625%

05/15/06

6,583,327

S-12

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

United States Treas Nts

Gov't Fixed Income

5.750%

11/15/05

1,846,125

U S Treas Ntscusip 912828Ano

Gov't Fixed Income

3.000%

11/15/07

6,410,204

United States Treas Nts

Gov't Fixed Income

5.750%

11/15/05

1,846,125

United States Treas Nts

Gov't Fixed Income

1.625%

10/31/05

10,013,645

United States Treas Nts

Gov't Fixed Income

1.875%

11/30/05

3,710,781

United States Treas Nts

Gov't Fixed Income

2.500%

10/31/06

8,732,668

United States Treas Nts

Gov't Fixed Income

1.875%

12/31/05

1,734,828

United States Treas Nts

Gov't Fixed Income

2.250%

04/30/06

10,651,059

United States Treas Nts

Gov't Fixed Income

2.500%

05/31/06

4,046,638

United States Treas Ntsdtd 00063

Gov't Fixed Income

2.750%

07/31/06

5,098,427

United States Treas Ntsdtd 00067

Gov't Fixed Income

2.375%

08/31/06

2,336,494

United States Treas Nts

Gov't Fixed Income

2.500%

09/30/06

1,923,258

United States Treas Ntsdtd 00076

Gov't Fixed Income

2.875%

11/30/06

1,794,375

United States Treas Ntsdtd 00077

Gov't Fixed Income

3.500%

12/15/09

746,367

U S Treasury Bondssca 11/15/00

Gov't Fixed Income

10.000%

05/15/10

6,554,602

U S Treasury Bonds

Gov't Fixed Income

10.375%

11/15/12

3,159,516

U S Treasury Bonds

Gov't Fixed Income

12.750%

11/15/10

6,407,977

FNMApreassign 00027Issues Dated 4/1/1996 & After

Gov't Fixed Income

7.125%

06/15/10

218,381

Federal Natl Mtg Assn

Gov't Fixed Income

3.125%

03/16/09

257,464

Federal Natl Mtg Assn

Gov't Fixed Income

2.350%

04/05/07

680,448

FNMApreassign 00277Issues Dated 4/1/1996 & After

Gov't Fixed Income

1.750%

06/16/06

181,416

FHLMC Deb M/T/N

Gov't Fixed Income

4.125%

02/24/11

595,736

Federal Natl Mtg Assn M/T/N

Gov't Fixed Income

2.710%

01/30/07

1,359,531

Federal Natl Mtg Assn

Gov't Fixed Income

6.000%

05/15/11

418,119

FHLMCmedium Term Nts Fed Book Entrypreassign 00090

Gov't Fixed Income

4.625%

05/28/13

273,281

FHLMCmedium Term Nts Fed Book Entrytranche # Tr 00269

Gov't Fixed Income

3.875%

01/12/09

204,167

FHLMC

Gov't Fixed Income

3.875%

11/10/08

355,777

FHLMCmedium Term Nts Fed Book Entrytranche # Tr 00186

Gov't Fixed Income

4.500%

12/16/10

1,643,458

Israel Stgtd Nt Dtd 09/18/2003 Cl1-B

Gov't Fixed Income

5.500%

09/18/33

157,488

Quebec Province Nt

Gov't Fixed Income

5.000%

07/17/09

83,566

Resolution Fdg Corp Fed Bookentry Cpn Stripsgeneric Int Pmt

Gov't Fixed Income

10/15/18

37,631

Resolution Fdg Corp Fed Bookentry Cpn Stripsgeneric Int Pmtbd

Gov't Fixed Income

07/15/18

38,207

U S Treasury Bonds

Gov't Fixed Income

6.000%

02/15/26

1,265,789

U S Treasury Bonds

Gov't Fixed Income

6.750%

08/15/26

686,039

U S Treasury Notes

Gov't Fixed Income

2.500%

10/31/06

3,427,684

United States Treas Nts

Gov't Fixed Income

2.750%

06/30/06

817,786

United States Treas Ntsdtd 00067

Gov't Fixed Income

2.375%

08/31/06

1,752,371

United States Treas Nts

Gov't Fixed Income

2.500%

09/30/06

4,119,142

United States Treas Ntsdtd 00075

Gov't Fixed Income

4.250%

11/15/14

651,703

United States Treas Ntsdtd 00076

Gov't Fixed Income

2.875%

11/30/06

1,689,703

United States Treas Ntsdtd 00077

Gov't Fixed Income

3.500%

12/15/09

323,426

S-13

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

U S Treasury Bonds

Gov't Fixed Income

8.125%

08/15/19

2,149,749

U S Treasury Bonds

Gov't Fixed Income

10.375%

11/15/12

745,169

U S Treasury Bonds

Gov't Fixed Income

12.000%

08/15/13

882,849

U S Treasury Bond

Gov't Fixed Income

5.500%

08/15/28

470,820

U S Treasury Bond

Gov't Fixed Income

6.125%

11/15/27

811,711

U S Treasury Bonds

Gov't Fixed Income

5.375%

02/15/31

2,865,525

GNMA I TBA 30Yr Sfm 06.50% Jan

Gov't Fixed Income

6.500%

01/25/35

210,375

GNMA I TBA 30Yr Sfm 05.50% Jan

Gov't Fixed Income

01/01/35

(612,188)

Federal Home Ln Mtg Corp Disc Nts

Gov't Agency

01/10/05

3,295,408

Sales Tax Asset Receivablecorp N Ytaxable-Ser B

State And Local Obligations

3.600%

10/15/08

198,110

Texas St Pub Fin Auth Revtaxable-Unemployment Comp-B

State And Local Obligations

2.625%

06/15/06

703,482

California St Dept Wtr Res Pwrsupply Revtaxable-Ser E

State And Local Obligations

3.975%

05/01/05

100,314

Total Government Bonds

158,732,611

Amresco Independence Fdg Inc1999-1 Sba Ln Bkd Ctf Adj Rate144A Cl A

Other Fixed Income

06/15/26

672,938

Bayview Finl Acquisition Tr 144A *Pp*1998-1 Mtg Passthru Ctf Cl A-I

Other Fixed Income

7.010%

05/25/29

230,537

British Columbia Prov Cda

Other Fixed Income

5.375%

10/29/08

153,367

Business Ln Ctr Inc V/R Restrsba/Abs 1998-1 Cl A Partn 144A

Other Fixed Income

6.750%

01/15/25

471,455

Gs Mtg Secs Corpser 2000-1 Mtg Passthru Ctf A144A

Other Fixed Income

2.170%

03/20/23

340,489

Italy Rep

Other Fixed Income

2.750%

12/15/06

1,115,640

Nationwide Bldg Soc Mtn *Pp*Book Entry 144Atranche # Sr 00014

Other Fixed Income

3.500%

07/31/07

149,319

Pbg Equip Tr 144Areceivable Bkd Nt Cl A

Other Fixed Income

6.270%

01/20/12

391,177

Quebec Prov Cdadeb Dtd 01/30/1997

Other Fixed Income

7.000%

01/30/07

155,212

Washington Mut Mtg Secs Corp2002-Ar2 Msc Mtg Passthru Ctfiii-A-1-Var Rate072902

Other Fixed Income

5.772%

08/25/32

168,652

Allstate Finl Global Fdg Llc *Pp*Global Nt Dtd 02/01/2001144A

Other Fixed Income

6.150%

02/01/06

128,867

Berkshire Hathaway Fin Corp *Pp*144A

Other Fixed Income

3.400%

07/02/07

114,729

Cox Communications Inc New *Pp*Nt Dtd 12/15/2004 144A

Other Fixed Income

4.625%

01/15/10

149,654

Enterprise Prods Oper L P *Pp*Sr Nt 144A

Other Fixed Income

4.000%

10/15/07

49,878

Hbos Plc Medium Term Sr Nts *Pp*Book Entry 144Atranche # Sr 00037

Other Fixed Income

3.500%

11/30/07

199,306

Hbos Plc Medium Term Sr Nts *Pp*Book Entry 144Atranche # Sr 00031

Other Fixed Income

3.600%

08/15/07

90,051

Israel Stgtd Nt Cl 3

Other Fixed Income

5.500%

04/26/24

365,110

S-14

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Monumental Global Fdg Ii *Pp*Sr Secd Nt144

Other Fixed Income

4.375%

07/30/09

100,420

Nationwide Bldg Soc Mtn *Pp*Book Entry 144Atranche # Sr 00014

Other Fixed Income

3.500%

07/31/07

223,979

News Amer Inc *Pp*Bd144A

Other Fixed Income

5.300%

12/15/14

75,885

Ontario Hydro

Other Fixed Income

6.100%

01/30/08

74,944

Petro Cdasr Nt

Other Fixed Income

5.350%

07/15/33

93,442

Statoil Asa *Pp*Nt Dtd 04/27/2004

Other Fixed Income

5.125%

04/30/14

92,192

Telecom Italia Cap *Pp*Gtd Sr Nt144A

Other Fixed Income

4.000%

01/15/10

39,220

Telecom Italia Cap *Pp*Gtd Sr Nt 144A

Other Fixed Income

6.000%

09/30/34

122,207

Txu Corp *Pp*Txu Corpsr Nt Ser Q144A

Other Fixed Income

6.500%

11/15/24

100,167

United Mexican Sts M/T/N

Other Fixed Income

8.000%

09/24/22

34,605

United Mexican Sts M/T/N

Other Fixed Income

8.375%

01/14/11

305,370

United Mexican Sts Mtn

Other Fixed Income

5.875%

01/15/14

76,838

United Mexican States

Other Fixed Income

8.125%

12/30/19

140,820

Wellpoint Inc *Pp*144A

Other Fixed Income

5.950%

12/15/34

85,828

ASIF Global Financing 3.9% 10/22/0800209Laa0
Collateral Held At Merrill Lynch

Other Fixed Income

3.900%

10/22/08

264,883

Total Other Bonds

6,777,181

Total Bonds and Debentures

235,055,164

INTERNATIONAL EQUITY INVESTMENTS

ABN Amro Hldg N V Sponsored ADR

Common Stock

399,000

Aeon Co Ltd ADR

Common Stock

333,750

Ansell Ltd ADR

Common Stock

176,640

Abb Ltd Sponsored ADR

Common Stock

299,527

Aegon N V

Common Stock

201,537

Aktiebolgt Electrolux ADR

Common Stock

173,063

Alcatel Alsthomrepresenting 1/5 Th Shares

Common Stock

428,262

All Nippon Awys Ltd Sponsored ADR

Common Stock

282,204

Allianz Aktiengesellschaft Sponsored ADR Repstg 1/10 Sh

Common Stock

345,540

Allied Irish Bks P L C Spon ADRrepstg Ord

Common Stock

404,544

Alpha Bk A E

Common Stock

240,672

Amer Group Plc ADRadr

Common Stock

94,316

Amvescap Plc Spon ADR

Common Stock

227,964

Anglo American Plc ADR

Common Stock

363,987

Arcelor N A Sponsored ADR

Common Stock

234,068

Asahi Glass ADR

Common Stock

341,856

Asahi Kasei Corp ADR

Common Stock

290,363

Astrazeneca Plc Spons ADRrep 1 Ord

Common Stock

527,655

Atlas Copco Ab Sponsored ADRnew Repstg Com

Common Stock

171,547

Axa ADR

Common Stock

435,600

Bt Group Plcadr

Common Stock

313,078

Baa Plc Sponsor ADR

Common Stock

299,360

Bnp Paribas Sponsored ADR Repstg 1/4 Sh

Common Stock

608,563

S-15

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Bae Sys Plc

Common Stock

507,162

Banco Bilbao Vizcayaargentaria S A Sponsored ADR

Common Stock

512,686

Banco Santander Cent Hispano S A ADR

Common Stock

693,957

Bank Yokohama Ltd Japan ADR

Common Stock

182,825

Barclays Plc ADR(Rep 4 Ord Gbp1)

Common Stock

801,684

Basf Ag Sponsored ADR

Common Stock

381,706

Bayer A G Sponsored ADR

Common Stock

244,656

Bayerische Hypo-Und Spon ADRvereinsbank Ag Repstg Bearer Sh

Common Stock

372,936

BHP Billiton Limited Sponsored ADR

Common Stock

383,119

BHP Billiton Plc Sponsored ADR

Common Stock

371,583

Bg Plcadr Final Installment New

Common Stock

251,485

Bp Plc Spons ADR

Common Stock

1,848,360

British Sky Broadcasting Group Spons ADRplc

Common Stock

397,397

British Awys Plc ADR

Common Stock

121,400

British American Tobacco

Common Stock

412,335

Bulgari S P A ADR Sponsored

Common Stock

117,377

Cadbury Schweppes P L C ADR(Represents 4 Ord 25P Shs)

Common Stock

364,748

Canon Inc ADR Repstg 5 Shs

Common Stock

379,820

Centrica Plc Sponsored ADR New 2004

Common Stock

383,275

Cheung Kong Hldgs Ltd ADR

Common Stock

398,840

Clp Holdings Ltd

Common Stock

339,309

Coles Myer Ltd Sponsored ADR New

Common Stock

335,618

Commonwealth Bk Australia Spnrd ADR 144A

Common Stock

490,685

Corporacion Mapfre-Compania ADRinternacional De Reaseguros Sponsored

Common Stock

132,615

Credit Suisse Group Sponsored ADR

Common Stock

432,869

Crh Plc ADR

Common Stock

123,234

Dbs Group Hldgs Ltd Sponsored ADR

Common Stock

305,745

Dsm N.V. ADR

Common Stock

148,874

Dai Nippon Prtg Ltd Japan ADR

Common Stock

385,044

Daimler-Chrysler Agord

Common Stock

384,400

Daiwa Group Inc.

Common Stock

361,080

Danske Bk A/S ADRadr

Common Stock

269,746

Denso Corpadr

Common Stock

267,883

Deutsche Bank Npv

Common Stock

382,743

Deutsche Lufthansa A G Sponsored ADR

Common Stock

131,985

Deutsche Telekom Ag Sponsored ADR

Common Stock

553,392

Diageo Plc Spon ADR New

Common Stock

383,455

Dnb Nor Asa 144A Spon ADR

Common Stock

265,374

E On Ag

Common Stock

527,800

Edp-Energias De Portugal Sa ADR Sponsored

Common Stock

265,419

S-16

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Eisai Ltd Spons ADR

Common Stock

493,320

Elan Corp Plc ADR

Common Stock

138,975

Endesa S A Sponsored ADR

Common Stock

530,556

Enel Societa Per Azioniadr

Common Stock

501,322

Eni S P A Sponsored ADR

Common Stock

624,166

Erste Bk Der Oesterreichischensparkassen A G Sponsored ADR Repstg 1/2 Sh

Common Stock

261,748

Delhaize Group

Common Stock

227,550

Fiat S.P.A ADR New

Common Stock

189,126

Fortis Nl Sponsored ADR New

Common Stock

531,091

Fosters Group Ltd ADR Ltd Sponsnew

Common Stock

364,482

France Telecom Sponsored ADR

Common Stock

525,972

Friends Provident P L Cadr

Common Stock

264,616

Fuji Photo New ADR

Common Stock

332,820

Fujitsu Ltd ADR Com

Common Stock

338,478

Glaxo Smithkline Plcadr

Common Stock

1,222,662

Groupe Danone Sponsored ADR

Common Stock

396,460

Gus Plc Sponsored ADR

Common Stock

387,387

Hbos Plc Sponsored ADR

Common Stock

708,209

HSBC Hldgs Plc Sponsored ADR New

Common Stock

1,803,261

Hitachi Ltd ADR 10 Com

Common Stock

381,865

Holcim Ltd Sponsored ADR

Common Stock

323,489

Honda Motor Co Ltd

Common Stock

359,628

Hutchison Whampoa Ltd ADR

Common Stock

187,192

Hypo Real Estate Hldg Ag Sponsored ADR

Common Stock

186,680

Imperial Tob Group Plc Sponsored ADR

Common Stock

381,225

Ing Groep N V Sponsored ADR

Common Stock

471,900

Ito Yokado Ltdadr 2003

Common Stock

419,640

Japan Airlines Corporationadr

Common Stock

173,904

Kao Corp Sponsored ADR Repstg 10 Shscom

Common Stock

383,528

Kingfisher Plc Sponsored ADR Par 15 5/7 Pence

Common Stock

344,926

Komatsu Ltd New

Common Stock

188,926

Koninklijke Ahold Nv Sponsored ADR

Common Stock

202,020

Koninklijke Philips Electrsn V Sponsored ADR New 2000

Common Stock

325,950

Royal Kpn Nv Sponsored ADR

Common Stock

132,884

Kyocera Corp ADR

Common Stock

369,504

Lloyds Tsb Group Plc ADR Sponsored ADR

Common Stock

522,418

L Oreal Co ADR

Common Stock

387,167

Lafarge S.A. ADR Sponsored ADR New

Common Stock

202,860

Lagardere Groupe S C A Spons ADRone ADR Represents 1 Ordsh

Common Stock

259,834

Legal & General Plc ADR

Common Stock

424,894

S-17

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Lend Lease Ltd Sponsored ADR

Common Stock

443,525

Logitech Intl S A Sponsored ADR

Common Stock

137,903

Luxottica Group S P A ADR Sponsored ADR

Common Stock

163,120

Marconi Plc New Spons ADR

Common Stock

143,850

Marks & Spencer Group P L C Sponsored ADR

Common Stock

320,047

Matsushita Elec Ind Co Ltd ADRmorgan Gty

Common Stock

417,300

Mediaset S P A Sponsored ADR 144A

Common Stock

332,263

Metso Corp Sponsored ADR

Common Stock

134,568

Millea Hldgs Incadr

Common Stock

387,969

Mitsui & Co Ltd ADR

Common Stock

397,342

Mitsubishi Corp ADR Sponsored

Common Stock

374,709

Mitsubishi Chemical Corp ADR

Common Stock

210,091

Mitsubishi Estate Ltd ADR

Common Stock

386,453

Mitsubishi Elec Corp ADR

Common Stock

269,445

Mitsui Sumitomo Insurance Company

Common Stock

382,162

Mitsubishi Tokyo Finl Groupinc Sponsored ADR

Common Stock

378,140

Nh Hoteles Sociedad Anonima

Common Stock

202,977

National Aust Bk Ltd ADR New

Common Stock

526,776

National Bk Greece S A Sponsored ADR

Common Stock

216,000

National Grid Transco Plc Spon ADR

Common Stock

353,206

Nec Corp ADR

Common Stock

343,280

Neptune Orient Lines Ltd Sponsored ADR

Common Stock

196,639

Nestle S A Sponsored ADRrepstg Reg Sh

Common Stock

931,410

Nikko Cordial Corporation

Common Stock

328,544

Nintendo Ltd ADR

Common Stock

389,360

Nippon Yusen Kabushiki Kaisha ADR

Common Stock

404,018

Nippon Teleg & Tel Corp Sponsored ADR

Common Stock

157,850

Nissan Mtr Ltd ADR Sponsored ADR

Common Stock

372,980

Nitto Denko Corp ADR

Common Stock

383,917

Nokia Corp ADR-A Shs Sponsored

Common Stock

670,676

Nomura Hldgs Inc Sponsored ADR

Common Stock

378,560

Ntt Docomo Inc Sponsored ADR

Common Stock

351,918

Novartis Ag Spnsrd ADR

Common Stock

1,074,480

Novo Nordisk A/S ADR

Common Stock

217,040

Oji Paper Co Ltd Sponsored ADR

Common Stock

195,102

Olympus Corp Sponsored ADR

Common Stock

490,429

Pernod Ricard S A Sponsored ADR

Common Stock

137,869

Peugeot S.A. ADR

Common Stock

330,080

Prudential Plc ADR

Common Stock

494,160

Puma Ag Rudolf Dassler Sport Sponsored ADR

Common Stock

136,537

Reed International Plc Sponsored ADR

Common Stock

309,785

Repsol Ypf S.A. ADR

Common Stock

370,620

S-18

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Ricoh Ltd ADR New

Common Stock

385,868

Rio Tinto Plc Spon ADR

Common Stock

372,531

Rio Tinto Spons ADR

Common Stock

371,062

Roche Hldg Ltd Sponsored ADR

Common Stock

697,609

Royal & Sun Alliance Ins Groupplc Sponsored ADR New

Common Stock

220,066

Royal Dutch Pete Con Y Registry Sh Par Eur

Common Stock

1,032,840

Rwe Ag Spons ADRrepstg Ord Par

Common Stock

320,079

Shizuoka Bk Ltd ADR

Common Stock

142,139

San Paolo-Imi S P A Sponsored ADR

Common Stock

556,198

Sandvik Ab ADR

Common Stock

399,257

Santos Ltd ADR New

Common Stock

151,685

Sanofi-Aventis Sponsored ADR

Common Stock

728,910

Sap Aktiengesellschaft ADRsystem Anwendungen Produkte In Derdatenverarbeitung

Common Stock

353,680

Schering A G Sponsored ADR

Common Stock

207,900

Scottish Pwr Plc Sponsored ADRfinal Instalment

Common Stock

380,931

Secom Ltd ADR

Common Stock

320,092

Serono S A

Common Stock

176,256

Seven Eleven Japan Ltd ADR

Common Stock

283,689

Sharp Corp

Common Stock

261,232

Shell Trans & Trading Plcnew York Sh New

Common Stock

706,750

Siemens A G Sponsored ADR

Common Stock

609,624

Singapore Telecommunicationsltd Sponsored ADR New

Common Stock

113,724

Skf Ab ADR Sponsored ADR Par S Kr 12.50

Common Stock

169,260

Smith & Nephew P L C Sponsored ADR New

Common Stock

123,189

Societe Generale France Sponsored ADR

Common Stock

435,139

Solvay S A Sponsored ADR

Common Stock

286,257

Sony Corp ADR Amern Sh Newea Rcpt Represents 1 Actual Japanese Shadr

Common Stock

377,912

Statoil Asa Sponsored ADR

Common Stock

204,852

Stora Enso Oyj Sponsored ADR Repstg Ser R Shs

Common Stock

237,276

Swisscom Sponsored ADR

Common Stock

126,496

Sumitomo Tr & Bkg Ltd Spons ADRsumitomo Tr & Bkg Ltd Sponsored ADR

Common Stock

347,088

Sumitomo Mitsui Finl Group Incadr

Common Stock

363,500

Sun Hung Kai Pptys Ltd Sponsored ADR

Common Stock

410,123

Svenska Cellulosa Aktiebolaget ADRsca Sponsored

Common Stock

123,717

TDK Corp ADR

Common Stock

207,872

Tdc A/S Sponsored ADR Repstg Ord

Common Stock

127,680

Tpg N V Sponsored ADR

Common Stock

288,850

S-19

2004

Form 5500, Schedule H, Part IV, Line 4i

Matched Asset Plan

PN 001

Computer Sciences Corporation

EIN 95-2043126

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2004

(a)

(b) Identity of issue, borrower, lessor or similar party

(d) Cost**

(e) Current Value

Telecom Corp New Zealand Ltd Spon ADR(Each Conv Into 8 Ord Nzdi)

Common Stock

170,208

Telecom Italia S P A New Sponsored ADR Repstg Ord Shs

Common Stock

436,900

Telecom Italia S P A News ponsored ADR Repstg Svgs Shs

Common Stock

495,300

Ericsson (Lm) Telephone Co ADR (New)

Common Stock

426,375

Telefonica S A Spon ADR

Common Stock

762,750

Tele2 Ab sponsored ADR Repstg Cl B Shs

Common Stock

148,200

Tesco Plc Sponsored ADR

Common Stock

416,970

Thomson sponsored ADR

Common Stock

260,190

Toray Inds Inc ADR

Common Stock

234,215

Total S.A. ADR

Common Stock

1,142,336

Toyota Mtr Corp ADR 2 Com

Common Stock

1,023,375

Ubs Ag Registered

Common Stock

795,976

Unilever Plc Amer Shs ADR New

Common Stock

400,140

Unilever Nv Ny Share F New

Common Stock

366,905

Vodafone Group Plc Spons ADRconv Into 10 Ord Shs

Common Stock

1,612,956

Veolia Environnement Sponsored ADR

Common Stock

528,525

Vivendi Universal Spons ADR New

Common Stock

416,910

Volkswagen A G Sponsored A ADR

Common Stock

203,985

Volvo Aktiebolaget ADR B

Common Stock

348,920

Westpac Bkg Corp Sponsored ADR

Common Stock

508,731

Wolseley Plc Sponsored ADR

Common Stock

399,922

Wolters Kluwer N V Sponsored ADR

Common Stock

186,707

Wmc Res Ltd Sponsored ADR

Common Stock

199,357

Zurich Finl Svcs Sponsored ADR

Common Stock

388,504

Prosiebensat 1 Media Ag Pfd Sponsored ADR Repstg Pfdbearer

Preferred Stock

117,683

Total International Equity Investments

78,736,825

New England Financial Ga 7174 1-07

GICS & GACS

6.750%

12/31/05

185,352

Assets (Held and End of Year)

$2,593,707,301

* Represents party in interest

** Cost information is not required for participant-directed investments and, therefore, is not included.

S-20

Exhibit 23

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in Registration Statement No. 333-58526 of Computer Sciences Corporation on Form S-8 of our report dated June 29, 2005, appearing in this Annual Report on Form 11-K of the Computer Sciences Matched Asset Plan for the year ended December 31, 2004.

/s/Deloitte & Touche LLP

Los Angeles, California
June 29, 2005

Computer Sciences (CSC) Inactive 11-KAnnual report of employee stock purchases