BlueScope Steel Renews Business Process Outsourcing Services Contract with Capgemini

| Press release
Paris, France – Sydney, Australia – June 4th, 2010

Capgemini announced today that BlueScope Steel, the leading steel company in Australia and New Zealand, has extended its existing business support services contract with Capgemini Australia until December 2016. Capgemini will continue to manage and deliver human resources administration, payroll, accounting and procurement support services to BlueScope Steel for its Australian and New Zealand business.

Karen Lowe, Vice President Shared Services, BlueScope Steel, said, “We have been pleased with our relationship with Capgemini through the term of the last contract, and they have worked with us to deliver cost savings during the difficult business conditions of the last two years.  The further cost saving initiatives and service delivery improvements we plan to deliver with Capgemini are important to us.  This new contract recognizes the benefit of working with Capgemini and we look forward to continuing our relationship.”

The agreement leverages Capgemini’s global delivery model to best meet BlueScope Steel’s needs into the future. The renewal extends an existing service delivery contract which commenced in April 2002.

Paul Thorley, CEO of Capgemini Australia says, “This renewal augments a long-standing partnership between BlueScope Steel and Capgemini. We are thrilled to continue to provide the people and processes which deliver excellence in these important back-office functions and subsequently create a platform to further expand this proven working relationship.”

Hubert Giraud, Head of Capgemini Business Process Outsourcing comments, “This extension clearly demonstrates the partnership model between BlueScope Steel and Capgemini, and our commitment to the BlueScope relationship.”

The new agreement came into effect on 1 April 2010.