CGI SIGNS ERP SOLUTIONS OUTSOURCING AGREEMENT WITH PEOPLESOFT

CGI today announced the signing of an outsourcing agreement with PeopleSoft Canada, a leading provider of enterprise applications software. The alliance agreement will allow both partners to cooperate closely in providing their clients with cost-effective solutions for the outsourcing of management software. They will offer services such as software customization, conversion, integration, performance tuning and long-term support.

"CGI is pleased to be the first Canadian company to join PeopleSoft's Certified Outsourcing Partner Program," said Robert Desmarais, Vice-President, Outsourcing at CGI. "CGI has wide-ranging expertise in the delivery of outsourcing solutions to its clients in selected industry sectors. Working with PeopleSoft, we can leverage this experience and consistently provide clients with efficient services to manage their ERP systems on a day-to-day basis while also ensuring their long-term evolution."

Desmarais added that many customers come to CGI looking for end-to-end solutions and they are increasingly interested in extending a relationship beyond the implementation phase and channeling the knowledge and expertise that has been built up into the ongoing management of their systems.

"Looking beyond the current rush to solve Y2K issues, PeopleSoft's Certified Outsourcing Partner Program offers a full range of outsourcing solutions, allowing customers to focus on core competencies and gain competitive advantage," said Jeffrey Read, Director, Strategic Alliances and Marketing, PeopleSoft Canada. "Customers will gain the benefits of PeopleSoft's flexible, innovative software based on extensive knowledge of best business practices, as well as elite partnerships bound by a commitment to provide superior customer service as the trend towards longer-term outsourcing ramps up."

As part of an Implementation Alliance Agreement also signed recently, both partners are working jointly to further develop PeopleSoft implementation teams while expanding their services offering. CGI has a team of more than 100 ERP specialists who provide its clients with a full range of end-to-end ERP implementation services, including project management, process review, fit and gap analysis, evolutive prototyping and technical performance tuning, among others.

PeopleSoft Inc. was established in 1987 to provide innovative software solutions to meet the changing business demands of enterprises worldwide. The company develops, markets, and supports a complete suite of enterprise solutions for finance, materials management, distribution, supply-chain planning, manufacturing, and human resources. With more than 2,400 customers around the world, and offices in Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montreal, the company is known for its remarkable growth and award-winning customer service. PeopleSoft applications fully support both of Canada's official languages. More information on PeopleSoft products and services is available on the World Wide Web at www.peoplesoft.com.

CGI is the largest independent information technology consulting firm in Canada and the sixth largest in North America. It provides end-to-end IT services and business solutions to some 2,000 clients in Canada, the United States and 20 countries around the world. CGI has 8,000 professionals, an annualized revenue-run rate of $1.2 billion and an order backlog totalling approximately $6.5 billion. CGI's shares are listed on the New York Stock Exchange (GIB), as well as on the Toronto and Montreal exchanges (GIB.A). They are included in the Toronto Stock Exchange's TSE 300 Composite and TSE 200 indexes.

All statements contained in this or any other press release of CGI Group Inc., or in any document filed by the Company with the U.S. Securities and Exchange Commission, or in any other written or oral communication by or on behalf of the company, that do not directly and exclusively relate to historical facts, constitute « forward looking statements » within the meaning of the U.S. Private Securities Litigation Report Act of 1995. These statements represent the Company's expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved.

This press release may contain forward looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the company's business and results of operations. There are a number of factors that could cause actual results to differ materially from those indicated. Such factors include, without limitation, the various factors set forth in the Company's annual report or Form 40F filed with the SEC and its Annual Information Form filed with Canadian securities commissions, which important factors are included here by reference.

For more information:
Ronald White
Investor and Media Relations
CGI
(514) 841-3200