The Presbyterian Church Foundation Chooses SunGard Trust Systems.

NEW YORK--(BUSINESS WIRE)-- Feb. 2, 1998--The Presbyterian Church (U.S.A.) Foundation and its newly chartered New Covenant Trust Company N.A., subsidiary, announced at the 1998 ABA/BMA Trust, Asset Management and Marketing Conference the selection of SunGard Trust Systems' Trustware Series 7 accounting software as their internal trust, endowment, and asset accounting solution.

This is the first major institution to select the newly created not-for-profit solution offered by SunGard Trust Systems.

Established in 1799, the Foundation receives and administers gifts from individuals and manages funds for Presbyterian churches and related organizations. The Presbyterian Church (U.S.A.) Foundation had its most effective year of support for the work of the Presbyterian Church in 1997, receiving approximately $140 million in gifts and deposits. All gifts are invested and administered solely and specifically according to the instructions of donors and depositors. Over the last five years, the Foundation, which manages assets exceeding $1.5 billion, has distributed more than $350 million from the earnings of the assets of the life income plans, endowments and investment funds placed in its' trust.

The Presbyterian Church (U.S.A.) Foundation historically outsourced a portion of the processing and record keeping to a third party trust company. Mr. Larry Carr, President of the Foundation explained, "Creating our own trust company and acquiring SunGard Trust Systems' Trustware Series 7 accounting software will save us considerable time and money over our previous outsourced operation. We expect Presbyterian Church Foundation Chooses SunGard Trust Systems better control and more timely information to be made available to our constituents."

Mr. John B. Bingham, Vice President of the Not-For-Profit Business Unit for SunGard Trust Systems, said, "The typical bank trust department software does not fit the not-for-profit world very well. It is like a square peg in a round hole. However, after this project is completed, Presbyterian Church Foundation and SunGard Trust Systems will have a solution that streamlines the not-for-profit operations environment. This system will eliminate duplicate entry and combine critical data elements from several systems into information that makes sense to the end user."

SunGard will provide not only a solution for trust, endowment, and asset accounting, but also data links to numerous internal systems already in place at the Presbyterian Church (USA) Foundation. Trustware Series 7 will send and receive appropriate data to internal systems such as General Ledger Fund Accounting, Gift System, Compliance System, and Central Name and Address files.

SunGard Trust Systems Inc., located in Charlotte, N.C. with offices in Atlanta and Huntsville, is an operating unit of SunGard Data Systems Inc., the largest specialized provider of proprietary investment support systems, a pioneer and leading provider of comprehensive computer disaster recovery services and proprietary healthcare information systems. SunGard's common stock is reported on the New York Stock Exchange under the symbol SDS.

For more information on SunGard Trust Systems Inc., contact John Bingham at [phone], via fax at [phone], email John at [e-mail], or write to SunGard Trust Systems Inc., 5510 77 Center Drive, P.O. Box 240882, Charlotte, North Carolina 28224-0882. Visit SunGard's Internet site at http://www.sungard.com. For a copy of The Presbyterian Church (U.S.A.) Foundation annual report or other information, call 1-800-858-6127, write to The Presbyterian Church (U.S.A.) Foundation, 200 East 12th Street, Jeffersonville, Indiana 47130, or visit the Foundation website at http://www.fdn.pcusa.org.

CONTACT: SunGard Trust Systems Inc.

John B. Bingham, 704-561-8454

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or

William Mills Agency

Perri Tinsley, 404-264-7204

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