<title>8K 03/21/03 Severance Obligation Announcement</title>
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<P ALIGN="CENTER"><font font face="Times New Roman">FORM 8-K</P>
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<B><font font face="Times New Roman"><P ALIGN="CENTER">CURRENT REPORT</P>
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<P ALIGN="CENTER">&nbsp;</P>
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</B><font size="2" font face="Times New Roman"><P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934<br>
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<br>
Date of Report (Date of Earliest Event Reported):&nbsp; March  21, 2003</P>
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<P ALIGN="CENTER">&nbsp;</P>
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<B><P ALIGN="CENTER">Electronic Data Systems Corporation<br>
</B></font><font size="2" font face="Times New Roman">(Exact name of registrant as specified in its charter)</P>
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<P ALIGN="CENTER">&nbsp;</P>
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      <td width="33%" align="center"><font size="2" font face="Times New Roman">Delaware</font></td>
      <td width="33%" align="center"><font size="2" font face="Times New Roman">01-11779</font></td>
      <td width="34%" align="center"><font size="2" font face="Times New Roman">75-2548221</font></td>
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      <td width="33%" align="center"><font size="2" font face="Times New Roman">(Sate or Other Jurisdiction<br>
      of Incorporation)</font></td>
      <td width="33%" align="center"><font size="2" font face="Times New Roman">(Commission<br>
      File Number)</font></td>
      <td width="34%" align="center"><font size="2" font face="Times New Roman">(IRS Employer<br>
      Identification No.</font></td>
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<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER" style="margin-top: 0; margin-bottom: 0">5400 Legacy Drive</P>
<P ALIGN="CENTER" style="margin-top: 0; margin-bottom: 0">Plano, Texas 75024-3105</P>
<P ALIGN="CENTER" style="margin-top: 0; margin-bottom: 0">(Address of Principal Executive Offices,</P>
<P ALIGN="CENTER" style="margin-top: 0; margin-bottom: 0">Including Zip Code)</P>
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Registrant's telephone number, including area code:  (972) 604-6000</P>
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<p align="justify" style="margin-top: 0; margin-bottom: 0">Item 7.&nbsp;&nbsp;
Financial Statements and Exhibits</p>
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<p align="justify" style="margin-top: 0; margin-bottom: 0">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The following exhibit is furnished herewith<br>
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    <p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
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    <p style="margin-top: 0; margin-bottom: 0"><font size="2" font face="Times New Roman">
    99.1</td>
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<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0"><font size="2" font face="Times New Roman">&nbsp;News
release of Electronic Data Systems Corporation (&quot;EDS&quot;) dated March 21, 2003.</P>
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<P ALIGN="JUSTIFY"><b><br>
Item 9.&nbsp;&nbsp; Regulation FD Disclosure </b></P>
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    <p style="margin-top: 0; margin-bottom: 0">&nbsp;</td>
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<font size="2">On March 21, 2003, EDS issued a news release regarding the
financial impact of its obligations under former Chairman and Chief Executive
Officer Richard&nbsp;H. Brown's employment agreement.&nbsp; A copy
of the news release is furnished herewith as Exhibit 99.1.</font></p>
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&nbsp;</p>

<P ALIGN="CENTER">SIGNATURES</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0">&#9;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.<br>
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<P style="margin-top: 0; margin-bottom: 0">&#9;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;ELECTRONIC DATA SYSTEMS &#9;CORPORATION</P>

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<P style="margin-top: 0; margin-bottom: 0">March  21, 2003 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &#9;/s/ D. Gilbert
Friedlander&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;&#9;&#9;</P>
</U><P style="margin-top: 0; margin-bottom: 0">&#9;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;&#9;D. Gilbert Friedlander, Senior Vice<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &#9;&#9;President, General Counsel and Secretary</P>

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{"company-data": {"conformed-name": "ELECTRONIC DATA SYSTEMS CORP /DE/", "cik": "0001007456", "assigned-sic": "7370", "irs-number": "752548221", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11779", "film-number": "03611884"}, "business-address": {"street1": "5400 LEGACY DR", "street2": "H3-3D-05", "city": "PLANO", "state": "TX", "zip": "75024", "phone": "9726046000"}, "mail-address": {"street1": "5400 LEGACY DRIVE", "street2": "H3-3D-05", "city": "PLANO", "state": "TX", "zip": "75024"}, "former-company": {"former-conformed-name": "ELECTRONIC DATA SYSTEMS HOLDING CORP", "date-changed": "19960208"}}
8K 03/21/03 Severance Obligation Announcement
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):  March  21, 2003
Electronic Data Systems Corporation
(Exact name of registrant as specified in its charter)
Delaware
01-11779
75-2548221
(Sate or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.
5400 Legacy Drive
Plano, Texas 75024-3105
(Address of Principal Executive Offices,
Including Zip Code)
Registrant's telephone number, including area code:  (972) 604-6000
Item 7.  
Financial Statements and Exhibits
(c)       
The following exhibit is furnished herewith
99.1
News
release of Electronic Data Systems Corporation ("EDS") dated March 21, 2003.
Item 9.   Regulation FD Disclosure
On March 21, 2003, EDS issued a news release regarding the
financial impact of its obligations under former Chairman and Chief Executive
Officer Richard H. Brown's employment agreement.  A copy
of the news release is furnished herewith as Exhibit 99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ELECTRONIC DATA SYSTEMS 	CORPORATION
March  21, 2003                                                                                                                                          By:
/s/ D. Gilbert
Friedlander
D. Gilbert Friedlander, Senior Vice
President, General Counsel and Secretary
2