SCB Computer Technology Announces 2-For-1 Stock Split

Business Wire, April 2, 1998

MEMPHIS, Tenn.--(BUSINESS WIRE)--April 2, 1998--SCB Computer Technology, Inc. (Nasdaq:NM/SCBI) today announced that the Company's Board of Directors has approved a 2-for-1 stock split, which will be effected in the form of a 100% stock dividend. The new shares will be distributed on April 27, 1998, to shareholders of record at the close of business on April 13, 1998. SCB currently has approximately 11.2 million shares of common stock outstanding.

SCB Computer Technology is a provider of information technology (IT) management and technical services. Its services are divided into five general categories: (1) consulting, including advising clients on acquiring and utilizing systems, planning and designing new systems, and re-engineering existing systems; (2) outsourcing, including maintenance, software development and data center management; (3) professional staffing services, including providing skilled technical employees on an as-needed basis; (4) telecommunications consulting, including ProWatch (SM), a proactive enterprise systems monitoring and management tool for voice and data communications networks; and (5) Year 2000 consulting, including Pro2000 (SM), a suite of services that addresses solutions to the millennium transition. The Company's primary customers are state and local governments, public utilities, Fortune 500 companies and other large organizations.

CONTACT: SCB Computer Technology Inc., Memphis

Ben C. Bryant Jr. or Gary E. McCarter, 901/754-6577