London, February 6, 2001

CGI Group (Europe) Ltd has signed a multi-million pound contract with Allianz, one of the world's largest insurance groups, for the international implementation of CGI's new insurance administration system GIOS (Global Insurance Open Solution).

Within the Allianz Group, implementation of GIOS has commenced in more than 20 countries across Europe, Asia Pacific, Africa and the Americas. GIOS has already achieved production status in more than ten countries including Germany, Czech Republic, Hungary, Canada, Poland and Thailand, supporting Life, Health and P&C insurance products.

Following the initial success of the Thailand implementation Allianz now plans to roll out GIOS in other Asia Pacific countries including Indonesia, China, India and Australia. In the Czech Republic GIOS already supports the administration of more than one million policies.

Friedrich Wöbking, board member responsible for IT at Allianz's German p&c and life insurance companies said, "The special asset of GIOS is its ability to be easily and quickly adapted to different languages and country-specific products."

Wöbking continued, "With GIOS, we now have the program and systems knowledge in place to support companies from scratch. This is a great achievement for Allianz as a whole and will ensure real competitive advantage."

As part of the contract CGI will rapidly enhance its capacity to support GIOS implementations world-wide. Consultancy support is also available internationally with resource bases in the UK, Hungary, Uruguay and India.

Gavin Chapman, managing director of CGI Group (Europe) Ltd, explained, "CGI has worked closely with Allianz for a number of years developing the package and we are delighted that GIOS is now delivering real advantage to Allianz Group companies. This new contract demonstrates CGI's ability to be an international business partner to a world-class global player."

Chapman added, "GIOS is attracting the interest of many leading insurance companies. With its proven ability to support every type of insurance product -- including Conventional and Unit Linked Life, Health and all forms of Private and Commercial P&C products -- within one customer oriented, multi-channel solution, the potential is huge."

To learn more about GIOS, please access our brochure.

About CGI

CGI Group (Europe) Limited is a wholly owned subsidiary of CGI Group Inc. whose world headquarters are located in Montreal, Canada. Founded in 1976, CGI is the largest independent Canadian information technology consulting firm and the fifth largest in North America, based on its headcount of 10,000 professionals. CGI's order backlog totals approximately CDN$7.0 billion and its revenue stands at CDN$1.4 billion. CGI provides end-to-end IT services and business solutions to 2,500 clients in Canada, United States and more than 20 countries around the world. CGI's shares are listed on the New York Exchange (GIB), as well as on the Toronto Stock Exchange (GIB.A). They are included in the Toronto Stock Exchange's TSE 100 index as well as the S&P/TSE Canadian Information Technology index. Web site: www.cgi.ca.

All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements represent CGI Group Inc.'s intentions, plans, expectations, and beliefs, and are subject to risks, uncertainties, and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements.

These factors include and are not restricted to the timing and size of contracts, acquisitions and other corporate developments, the ability to attract and retain qualified employees, market competition in the rapidly-evolving information technology industry, general economic and business conditions, and other risks identified in Management's Discussion and Analysis (MD&A) in CGI Group Inc.'s annual report or Form 40F filed with the US Securities & Exchange Commission and the Company's Annual Information Form filed with Canadian securities commissions. All of the risk factors included in these filed documents are included here by reference. CGI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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