<HTML>
<HEAD>
<TITLE>COMPUTER ASSOCIATES INTERNATIONAL, INC.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P align="right"><FONT size="2">Registration No.&nbsp;333-&#091;_____&#093;
</FONT>


<P align="left"><FONT size="2">As filed with the Securities and Exchange Commission on September&nbsp;10, 2003
</FONT>

<HR size="4" noshade>









<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION
</B></FONT>


<DIV align="center"><FONT size="3"><B>Washington, D.C. 20549</B>
</FONT></DIV>


<P>
<HR width="26%" align="center" size="1" noshade>
<P>



<P align="center"><FONT size="5"><B>FORM S-8
</B></FONT>


<DIV align="center"><FONT size="2"><B>REGISTRATION STATEMENT</B>
</FONT></DIV>


<DIV align="center"><FONT size="2"><B>Under</B>
</FONT></DIV>


<DIV align="center"><FONT size="2"><B>THE SECURITIES ACT OF 1933</B>
</FONT></DIV>


<P>
<HR width="26%" align="center" size="1" noshade>
<P>



<P align="center"><FONT size="6"><B>COMPUTER ASSOCIATES INTERNATIONAL, INC.
</B></FONT>


<DIV align="center"><FONT size="2">(Exact name of issuer as specified in its charter)
</FONT></DIV>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="75%">
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">Delaware</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
13-2857434</FONT></TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">(State or Other Jurisdiction of Incorporation)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
(I.R.S. Employer Identification No.)</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">One Computer Associates Plaza<BR>
Islandia, New York 11749-7000<BR>
(Address of principal executive offices)
</FONT>


<P align="center"><FONT size="2"><B>2003 COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS</B><BR>
(Full title of Plans)
</FONT>


<P align="center"><FONT size="2">IRA ZAR<BR>
Executive Vice President &#150; Chief Financial Officer<BR>
COMPUTER ASSOCIATES INTERNATIONAL, INC.<BR>
One Computer Associates Plaza<BR>
Islandia, New York 11749-7000<BR>
(631)&nbsp;342-5224<BR>
(Name, address and telephone number of agent for service)
</FONT>


<P>
<HR width="26%" align="center" size="1" noshade>
<P>


<P align="center"><FONT size="2"><FONT size="3">Copies to:<BR>
Pillsbury Winthrop LLP<BR>
One Battery Park Plaza<BR>
New York, New York 10004<BR>
(212)&nbsp;858-1000<BR>
Attention: Susan P. Serota, Esq.
</FONT></FONT>


<P>
<HR width="26%" align="center" size="1" noshade>
<P>



<P align="center"><FONT size="2">CALCULATION OF REGISTRATION FEE
</FONT>

<HR size="4" noshade>








<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="44%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount to be</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering Price Per</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="7"><FONT size="1"><B>Amount of</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Title of Securities to be Registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registered(3)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Unit/Share(4)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="7"><FONT size="1"><B>Registration Fee(5)</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="7"><HR size="1" noshade></TD>
</TR>
<TR valign="top">
    <TD><FONT size="2">Deferred Stock Obligations(1)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" align="center"><FONT size="2">761,858 units</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">27.19</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">20,714,919</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">1,676</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="top">
    <TD><FONT size="2">Common Stock, $.10 par value per
share, together with associated
right to purchase shares of Series
One Junior Participating Preferred
Stock, Class&nbsp;A, without par value
(2)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" align="center"><FONT size="2">761,858 shares</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">27.19</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">20,714,919</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">0</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>
<HR size="4" noshade>








<HR size="4" noshade>









<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">1.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">The Deferred Stock Obligations are unsecured deferred compensation
obligations of Computer Associates International, Inc. (the &#147;Registrant&#148;)
incurred in connection with a non-employee director&#146;s deferral of annual
director fees in accordance with the terms of the 2003 Compensation Plan For
Non-Employee Directors (the &#147;Plan&#148;), which obligations will be settled in
shares of Common Stock after the director terminates service with the
Registrant&#146;s Board of Directors.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">2.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Rights are attached to and trade with the Registrant&#146;s Common Stock and are
issued for no additional consideration. The value attributable to Rights, if
any, is reflected in the market price of the Common Stock. No additional
registration fee is required.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">3.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">In addition, pursuant to Rule&nbsp;416 under the Securities Act of 1933, as
amended, (the &#147;Securities Act&#148;) this Registration Statement shall also cover
additional units of Deferred Stock Obligations and shares of Common Stock
which may become issuable by reason of any stock split, stock dividend,
recapitalization or other similar transactions effected without consideration
that results in an increase in the number of the Registrant&#146;s shares of outstanding Common Stock. The 761,858 shares of Common
Stock to be registered represent shares that will be issued to Plan
participants in satisfaction of Deferred Stock Obligations under the terms of
the Plan and includes (i)&nbsp;200,000 shares that have been reserved for issuance
under the Plan and (ii)&nbsp;561,858 that had been reserved for issuance under the
Registrant&#146;s 2002 Compensation Plan For Non-Employee Directors, but were not
awarded under that plan prior to its termination and have been made available
for issuance under the Plan.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">4.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Estimated solely for purposes of computing the amount of the registration
fee. Pursuant to Rule&nbsp;457(c) and Rule&nbsp;457(h) under the Securities Act, the
proposed maximum offering price per share is based on the reported average of
the high and low prices for the Registrant&#146;s Common Stock on the NYSE on
September&nbsp;8, 2003.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">5.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Pursuant to Rule&nbsp;457(i) under the Securities Act, the registration fee is
calculated solely on the basis of the proposed offering price of the Deferred
Stock Obligations, which convert to shares of the Registrant&#146;s Common Stock at
distribution under the terms of the Plan.</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">&nbsp;</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>




<P align="center"><FONT size="2"><B>PART II</B>
</FONT>


<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN REGISTRATION STATEMENT</B>
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Computer Associates International, Inc. (the &#147;Registrant&#148;) hereby
incorporates herein by reference the following documents filed with the
Securities and Exchange Commission (the &#147;Commission&#148;):
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; The Registrant&#146;s annual report on Form&nbsp;10-K for its fiscal year ended
March&nbsp;31, 2003;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; The Registrant&#146;s quarterly report on Form&nbsp;10-Q for its fiscal quarter
ended June&nbsp;30, 2003;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; All other reports filed by the Registrant pursuant to Sections&nbsp;13(a)
or 15(d) of the Securities Exchange Act of 1934, as amended (the &#147;Exchange
Act&#148;) since March&nbsp;31, 2003;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp; The description of the Registrant&#146;s common stock, par value $0.10 per
share (&#147;Common Stock&#148;), outlined in the Registrant&#146;s Registration Statement on
Form&nbsp;8-A filed under the Exchange Act, which in turn incorporates by reference
the description in the Registrant&#146;s Registration Statement on Form&nbsp;S-1
(Registration No.&nbsp;2-74618) filed under the Securities Act of 1933, as amended
(the &#147;Securities Act&#148;).
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All reports and other documents subsequently filed by the Registrant
pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Exchange Act prior to
the filing of a post-effective amendment to this registration statement which
indicates that all securities offered have been sold or which deregisters all
securities then remaining unsold shall be deemed to be incorporated by
reference in this registration statement and made a part hereof from their
respective dates of filing (such documents, and the documents enumerated above,
being hereinafter referred to as &#147;Incorporated Documents&#148;); provided, however,
that the documents enumerated above or subsequently filed by the Registrant
pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the 1934 Act in each year
during which the offering made by this registration statement is in effect
prior to the filing with the Commission of the Registrant&#146;s Annual Report on
Form&nbsp;10-K covering such year shall not be Incorporated Documents or be
incorporated by reference in this registration statement or be a part hereof
from and after the filing of such Annual Report on Form&nbsp;10-K.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in an Incorporated Document shall be deemed to be
modified or superseded for purposes of this registration statement to the
extent that a statement contained herein or in any other subsequently filed
Incorporated Document modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this registration statement.
</FONT>

<P align="center"><FONT size="2">&nbsp;</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="left"><FONT size="2"><B>Item&nbsp;4. Description of Securities.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The securities being registered under this registration statement consist
of (1)&nbsp;obligations (the &#147;Deferred Stock Obligations&#148;) of the Registrant to
issue shares common stock in the future in connection with the deferred payment
of annual director fees that are deferred by or on behalf of eligible directors
under the terms of the Computer Associates International, Inc. 2003
Compensation Plan For Non-Employee Directors (the &#147;Plan&#148;) and (2)&nbsp;shares of
Common Stock of the Registrant into which the Deferred Stock Obligations shall
convert upon settlement. A description of the Registrant&#146;s Common Stock is
incorporated by reference in this Registration Statement pursuant to Item&nbsp;3
above. A description of the Deferred Stock Obligations follows.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to the provisions of the Plan, an eligible director (a
&#147;Participant&#148;) will receive payment of his annual directors fees in the form of
stock deferrals, subject to the Participant&#146;s right to elect to receive current
payment of up to 50% of such annual director fees in cash in lieu of stock
deferrals. A Participant&#146;s stock deferrals will be credited to an unfunded and
unsecured record keeping account (a &#147;Deferred Stock Compensation Account&#148;)
maintained by the Registrant in the name of the Participant. The number of
shares underlying each stock deferral will be determined by dividing the dollar
amount of the director fees subject to the stock deferral by the market price
of a share of Common Stock on the day the deferral is credited to Participant&#146;s
Deferred Stock Compensation Account. A Participant will receive cash payments
on each share underlying the stock deferrals credited to the Participant&#146;s
account in amounts equal to the cash dividends and other distributions payable
to holders of a share of Common Stock. The Corporate Governance Committee may,
however, determine in its discretion that in lieu of such cash payments, a
Participant&#146;s Deferred Stock Compensation Account will be credited with
additional stock deferrals in the amount of such dividends or other
distributions. The amounts credited to Participants&#146; Deferred Stock
Compensation Accounts comprise the Deferred Stock Obligations being registered
hereunder.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generally, the Deferred Stock Obligations will convert to and be settled
in shares of the Registrant&#146;s Common Stock in one lump sum on the first
business day of the calendar year following the director service year in which
a Participant ceases for any reason to be a member of the Registrant&#146;s Board of
Directors (the &#147;Payment Commencement Date&#148;). A Participant may, however, elect
at any time prior to the Participant&#146;s termination date to receive shares in
settlement of the Deferred Stock Obligations in up to 10 annual installments,
commencing on the Payment Commencement Date. If a Participant dies before full
settlement of the Deferred Stock Obligations, the unsettled balance will be
settled in one lump sum in accordance with the Participant&#146;s will, or if there
is no will, in accordance with the laws of descent and distribution.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Deferred Stock Obligations are not subject to redemption, in whole or
in part, prior to the Payment Commencement Date, except that the Corporate
Governance Committee of the Registrant&#146;s Board of Directors, in its discretion,
may permit early redemption of Deferred Stock Obligations if a Participant or a
Participant&#146;s representative provides satisfactory evidence that such early
redemption is needed to meet an unforeseen financial hardship. A Participant&#146;s
rights to and under the Deferred Stock Obligations cannot be assigned,
alienated, sold, garnished, transferred, pledged or encumbered, except by way
of transfer to the employee&#146;s beneficiary or estate upon the Participant&#146;s
death, pursuant to the terms of the Plan.
</FONT>

<P align="center"><FONT size="2">4</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Deferred Stock Obligations are unsecured general obligations of the
Registrant, which are equal in rank to other unsecured and unsubordinated
indebtedness of the Registrant that may be outstanding from time to time. No
sinking fund has or will be established with respect to the Deferred Stock
Obligations.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant reserves the right to amend or terminate the Plan at any
time, except that no amendment or termination shall adversely affect the rights
of Participants with respect to Deferred Stock Obligations acquired prior to
such amendment or termination without the Participants&#146; written consent. In
the event the Plan is terminated, the Registrant may decide, in its sole
discretion, to either settle the Deferred Stock Obligations as they come due in
accordance with the terms of the Plan or accelerate the settlement of the
Deferred Stock Obligations.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Deferred Stock Obligations do not enjoy the benefit of any affirmative
or negative pledges or covenants by the Registrant. The Registrant may
establish a grantor trust to set aside shares of the Registrant&#146;s Common Stock
to use for the settlement of the Deferred Stock Obligations, but the Registrant
retains discretion to determine whether such a trust will be established and,
if so, the amount and timing of any contributions to the trust. The assets of
the trust would remain subject to the claims of the Registrant&#146;s creditors.
The trustee of the trust would be required to administer the trust in
accordance with its terms, but the trustee&#146;s obligations and authority would be
limited to the amounts that may be held in the trust from time to time and the
trustee may be subject to the direction of the Registrant with respect to the
settlement of the Deferred Stock Obligations.
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steven M. Woghin, who is rendering the opinion as to the legality of the
Registrant&#146;s securities to be issued pursuant to this registration statement,
is employed by the Registrant as Senior Vice President and General Counsel.
Mr.&nbsp;Woghin is the beneficial owner of 19,835 shares (including 6,425 shares
credited to his account in the Registrant&#146;s tax-qualified profit sharing plan),
and of options to purchase 397,874 shares of the Registrant&#146;s Common Stock.
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by Section&nbsp;145 of the Delaware General Corporation Law,
Article&nbsp;EIGHTH of the Registrant&#146;s Restated Certificate of Incorporation, as
amended, provides:
</FONT>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">&#147;The Corporation shall to the fullest extent permitted by Section&nbsp;145 of
the General Corporation Law of Delaware, as the same may be amended and
supplemented, indemnify any and all persons who it shall have power to
indemnify under said section from and against any and all of the
expenses, liabilities or other matters referred to in or covered by such
section, and the indemnification provided for herein shall not be deemed
exclusive of any other rights to which those indemnified may be entitled
under any By-law, agreement, vote of stockholders or disinterested
directors or otherwise, both as to action in his official capacity while
holding such office, and shall continue as to a person who has ceased to
be a director, officer, employee or agent and shall inure to the benefit
of the heirs, executors and administrators of such person.&#148;</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">5</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Restated Certificate of Incorporation, as amended, also
limits the personal liability of directors for monetary damages in certain
instances and eliminates director liability for monetary damages arising from
any breach of a director&#146;s duty of care.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant maintains insurance on behalf of any person who is or was a
director, officer, employee or agent of the Registrant, or is or was serving at
the request of the Registrant as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust or other enterprise
against any liability asserted against him and incurred by him in such
capacity, or arising out of his status as such, whether or not the Registrant
would have the power to indemnify him against such liability under the
provisions of the Registrant&#146;s Restated Certificate of Incorporation, as
amended.
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;8. Exhibits.</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See the Index to Exhibits attached hereto.
</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;9. Undertakings.</B>
</FONT>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">A.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">The undersigned Registrant hereby undertakes:</FONT></TD>
</TR>
</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:</FONT></TD>
</TR>
</TABLE>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(i)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="90%"><FONT size="2">To include any prospectus required by Section
10(a)(3) of the Securities Act;</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(ii)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">To reflect in the prospectus any facts or events
arising after the effective date of the registration statement
(or the most recent post-effective amendment thereto) which,
individually or in the aggregate, represent a fundamental
change in the information set forth in the registration
statement; and</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(iii)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">To include any material information with respect
to the plan of distribution not previously disclosed in the
registration statement or any material change to such
information in the registration statement;</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">provided, however, that paragraphs A(1)(i) and A(1)(ii) do
not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to Section
13 or Section&nbsp;15(d) of the Exchange Act that are incorporated
by reference in this registration statement.</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">6</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(2)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">(3)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold
at the termination of the offering.</FONT></TD>
</TR>
</TABLE>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">B.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of
the Exchange Act that is incorporated by reference in this registration
statement shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering thereof.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">C.</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue.</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">7</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>




<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form&nbsp;S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the Town of Islandia, County of Suffolk and the State of New
York, on the
10th day of September, 2003.
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
    <TD width="16%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="63%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2">COMPUTER ASSOCIATES INTERNATIONAL, INC.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Ira H. Zar</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
&nbsp;
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Ira H. Zar</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
&nbsp;
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Executive Vice President and
Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">8</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS that the individuals whose
signatures appear below constitute and appoint Sanjay Kumar and Ira Zar,
and each of them, his true and lawful attorney-in-fact and agents with
full and several power of substitution, for him and in his name, place
and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement,
and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents, and each of them full
power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully
to all intents and purposes as he might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or
any of them, or their substitutes, may lawfully do or cause to be
done.
<P align="center"><FONT size="2">9</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in
the capacities indicated on the 10th day of September, 2003:
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Sanjay Kumar<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Sanjay Kumar</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Chairman, President, Chief Executive Officer and Director (Principal Executive Officer)</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Russell M. Artzt<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Russell M. Artzt</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Kenneth Cron<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Kenneth Cron</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD nowrap valign="top"><FONT size="2">/s/ Alfonse M. D&#146;Amato<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Alfonse M. D&#146;Amato</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Gary J. Fernandes<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Gary J. Fernandes</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Robert E. La Blanc<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Robert E. La Blanc</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Jay W. Lorsch<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Jay W. Lorsch</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Lewis S. Ranieri<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Lewis S. Ranieri</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Walter P. Schuetze<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Walter P. Schuetze</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Alex Serge Vieux<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Alex Serge Vieux</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Ira H. Zar<BR>
</FONT>
<HR size="1" noshade><FONT size="2">
&nbsp;&nbsp;&nbsp;&nbsp;Ira H. Zar</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">10</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="95%">
<TR valign="bottom">
    <TD width="6%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Provisions of the Registrant&#146;s Restated Certificate of Incorporation, dated February&nbsp;3, 1999, that
define the rights of security holders of the Registrant (incorporated by reference to Exhibit&nbsp;3(I) to
Registrant&#146;s Form&nbsp;10-Q for the fiscal quarter ended December&nbsp;31, 1998).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Provisions of the Registrant&#146;s By-laws, as amended effective January&nbsp;19, 1999, that define the rights of
security holders of the Registrant (incorporated by reference to Exhibit&nbsp;3(II) to Registrant&#146;s Form&nbsp;10-Q
for the fiscal quarter ended December&nbsp;31, 1998). *</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Rights Agreement (&#147;Rights Agreement&#148;) dated as of June&nbsp;18, 1991 between the Registrant and Manufacturers
Hanover Trust Company (incorporated by reference to Exhibit&nbsp;4 to the Registrant&#146;s Current Report on Form
8-K dated June&nbsp;18, 1991).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.4</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Amendment No.&nbsp;1 dated May&nbsp;17, 1995 to Rights Agreement (incorporated by reference to Exhibit&nbsp;C to the
Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended March&nbsp;31, 1995).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.5</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Amendment No.&nbsp;2 dated May&nbsp;23, 2001 to Rights Agreement (incorporated by reference to Exhibit&nbsp;4.6 to the
Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended March&nbsp;31, 2001).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.6</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Amendment No.&nbsp;3 dated November&nbsp;9, 2001 to Rights Agreement (incorporated by reference to Exhibit&nbsp;99.1 to
the Registrant&#146;s Current Report on Form&nbsp;8-K filed as of November&nbsp;9, 2001).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.7</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">2003 Compensation Plan For Non-Employee Directors (incorporated by reference to Exhibit&nbsp;A to the
Registrant&#146;s definitive Proxy Statement filed with the Commission on July&nbsp;21, 2003).*</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Opinion of Steven M. Woghin, Esq. as to the legality of securities being offered hereunder.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of KPMG LLP.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Awareness Letter of KPMG LLP.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Consent of Steven M. Woghin, Esq. (contained in his Opinion in Exhibit&nbsp;5 hereto).</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
-
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Power of Attorney (set forth on the signature page).</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P>
<HR size="1" width="18%" align="left" noshade>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">*</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Incorporated by reference.</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">&nbsp;</FONT>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "y89846sv8.htm", "description": "COMPUTER ASSOCIATES INTERNATIONAL, INC.", "secsgml_size_bytes": 48524}]
{"company-data": {"conformed-name": "COMPUTER ASSOCIATES INTERNATIONAL INC", "cik": "0000356028", "assigned-sic": "7372", "irs-number": "132857434", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-108665", "film-number": "03890211"}, "business-address": {"street1": "ONE COMPUTER ASSOCIATES PLAZA", "city": "ISLANDIA", "state": "NY", "zip": "11749", "phone": "6313425224"}, "mail-address": {"street1": "ONE COMPUTER ASSOCIATES PLAZA", "city": "ISLANDIA", "state": "NY", "zip": "11749"}}
COMPUTER ASSOCIATES INTERNATIONAL, INC.
Registration No. 333-[_____]
As filed with the Securities and Exchange Commission on September 10, 2003
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
COMPUTER ASSOCIATES INTERNATIONAL, INC.
(Exact name of issuer as specified in its charter)
Delaware
13-2857434
(State or Other Jurisdiction of Incorporation)
(I.R.S. Employer Identification No.)
One Computer Associates Plaza
Islandia, New York 11749-7000
(Address of principal executive offices)
2003 COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS
(Full title of Plans)
IRA ZAR
Executive Vice President – Chief Financial Officer
COMPUTER ASSOCIATES INTERNATIONAL, INC.
One Computer Associates Plaza
Islandia, New York 11749-7000
(631) 342-5224
(Name, address and telephone number of agent for service)
Copies to:
Pillsbury Winthrop LLP
One Battery Park Plaza
New York, New York 10004
(212) 858-1000
Attention: Susan P. Serota, Esq.
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Amount to be
Offering Price Per
Aggregate Offering
Amount of
Title of Securities to be Registered
Registered(3)
Unit/Share(4)
Price
Registration Fee(5)
Deferred Stock Obligations(1)
761,858 units
$
27.19
$
20,714,919
$
1,676
Common Stock, $.10 par value per
share, together with associated
right to purchase shares of Series
One Junior Participating Preferred
Stock, Class A, without par value
(2)
761,858 shares
$
27.19
$
20,714,919
$
0
1.
The Deferred Stock Obligations are unsecured deferred compensation
obligations of Computer Associates International, Inc. (the "Registrant")
incurred in connection with a non-employee director's deferral of annual
director fees in accordance with the terms of the 2003 Compensation Plan For
Non-Employee Directors (the "Plan"), which obligations will be settled in
shares of Common Stock after the director terminates service with the
Registrant's Board of Directors.
2.
Rights are attached to and trade with the Registrant's Common Stock and are
issued for no additional consideration. The value attributable to Rights, if
any, is reflected in the market price of the Common Stock. No additional
registration fee is required.
3.
In addition, pursuant to Rule 416 under the Securities Act of 1933, as
amended, (the "Securities Act") this Registration Statement shall also cover
additional units of Deferred Stock Obligations and shares of Common Stock
which may become issuable by reason of any stock split, stock dividend,
recapitalization or other similar transactions effected without consideration
that results in an increase in the number of the Registrant's shares of outstanding Common Stock. The 761,858 shares of Common
Stock to be registered represent shares that will be issued to Plan
participants in satisfaction of Deferred Stock Obligations under the terms of
the Plan and includes (i) 200,000 shares that have been reserved for issuance
under the Plan and (ii) 561,858 that had been reserved for issuance under the
Registrant's 2002 Compensation Plan For Non-Employee Directors, but were not
awarded under that plan prior to its termination and have been made available
for issuance under the Plan.
4.
Estimated solely for purposes of computing the amount of the registration
fee. Pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, the
proposed maximum offering price per share is based on the reported average of
the high and low prices for the Registrant's Common Stock on the NYSE on
September 8, 2003.
5.
Pursuant to Rule 457(i) under the Securities Act, the registration fee is
calculated solely on the basis of the proposed offering price of the Deferred
Stock Obligations, which convert to shares of the Registrant's Common Stock at
distribution under the terms of the Plan.
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Computer Associates International, Inc. (the "Registrant") hereby
incorporates herein by reference the following documents filed with the
Securities and Exchange Commission (the "Commission"):
(a)  The Registrant's annual report on Form 10-K for its fiscal year ended
March 31, 2003;
(b)  The Registrant's quarterly report on Form 10-Q for its fiscal quarter
ended June 30, 2003;
(c)  All other reports filed by the Registrant pursuant to Sections 13(a)
or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange
Act") since March 31, 2003;
(d)  The description of the Registrant's common stock, par value $0.10 per
share ("Common Stock"), outlined in the Registrant's Registration Statement on
Form 8-A filed under the Exchange Act, which in turn incorporates by reference
the description in the Registrant's Registration Statement on Form S-1
(Registration No. 2-74618) filed under the Securities Act of 1933, as amended
(the "Securities Act").
All reports and other documents subsequently filed by the Registrant
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to
the filing of a post-effective amendment to this registration statement which
indicates that all securities offered have been sold or which deregisters all
securities then remaining unsold shall be deemed to be incorporated by
reference in this registration statement and made a part hereof from their
respective dates of filing (such documents, and the documents enumerated above,
being hereinafter referred to as "Incorporated Documents"); provided, however,
that the documents enumerated above or subsequently filed by the Registrant
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the 1934 Act in each year
during which the offering made by this registration statement is in effect
prior to the filing with the Commission of the Registrant's Annual Report on
Form 10-K covering such year shall not be Incorporated Documents or be
incorporated by reference in this registration statement or be a part hereof
from and after the filing of such Annual Report on Form 10-K.
Any statement contained in an Incorporated Document shall be deemed to be
modified or superseded for purposes of this registration statement to the
extent that a statement contained herein or in any other subsequently filed
Incorporated Document modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified
or superseded, to constitute a part of this registration statement.
Item 4. Description of Securities.
The securities being registered under this registration statement consist
of (1) obligations (the "Deferred Stock Obligations") of the Registrant to
issue shares common stock in the future in connection with the deferred payment
of annual director fees that are deferred by or on behalf of eligible directors
under the terms of the Computer Associates International, Inc. 2003
Compensation Plan For Non-Employee Directors (the "Plan") and (2) shares of
Common Stock of the Registrant into which the Deferred Stock Obligations shall
convert upon settlement. A description of the Registrant's Common Stock is
incorporated by reference in this Registration Statement pursuant to Item 3
above. A description of the Deferred Stock Obligations follows.
Subject to the provisions of the Plan, an eligible director (a
"Participant") will receive payment of his annual directors fees in the form of
stock deferrals, subject to the Participant's right to elect to receive current
payment of up to 50% of such annual director fees in cash in lieu of stock
deferrals. A Participant's stock deferrals will be credited to an unfunded and
unsecured record keeping account (a "Deferred Stock Compensation Account")
maintained by the Registrant in the name of the Participant. The number of
shares underlying each stock deferral will be determined by dividing the dollar
amount of the director fees subject to the stock deferral by the market price
of a share of Common Stock on the day the deferral is credited to Participant's
Deferred Stock Compensation Account. A Participant will receive cash payments
on each share underlying the stock deferrals credited to the Participant's
account in amounts equal to the cash dividends and other distributions payable
to holders of a share of Common Stock. The Corporate Governance Committee may,
however, determine in its discretion that in lieu of such cash payments, a
Participant's Deferred Stock Compensation Account will be credited with
additional stock deferrals in the amount of such dividends or other
distributions. The amounts credited to Participants' Deferred Stock
Compensation Accounts comprise the Deferred Stock Obligations being registered
hereunder.
Generally, the Deferred Stock Obligations will convert to and be settled
in shares of the Registrant's Common Stock in one lump sum on the first
business day of the calendar year following the director service year in which
a Participant ceases for any reason to be a member of the Registrant's Board of
Directors (the "Payment Commencement Date"). A Participant may, however, elect
at any time prior to the Participant's termination date to receive shares in
settlement of the Deferred Stock Obligations in up to 10 annual installments,
commencing on the Payment Commencement Date. If a Participant dies before full
settlement of the Deferred Stock Obligations, the unsettled balance will be
settled in one lump sum in accordance with the Participant's will, or if there
is no will, in accordance with the laws of descent and distribution.
The Deferred Stock Obligations are not subject to redemption, in whole or
in part, prior to the Payment Commencement Date, except that the Corporate
Governance Committee of the Registrant's Board of Directors, in its discretion,
may permit early redemption of Deferred Stock Obligations if a Participant or a
Participant's representative provides satisfactory evidence that such early
redemption is needed to meet an unforeseen financial hardship. A Participant's
rights to and under the Deferred Stock Obligations cannot be assigned,
alienated, sold, garnished, transferred, pledged or encumbered, except by way
of transfer to the employee's beneficiary or estate upon the Participant's
death, pursuant to the terms of the Plan.
4
The Deferred Stock Obligations are unsecured general obligations of the
Registrant, which are equal in rank to other unsecured and unsubordinated
indebtedness of the Registrant that may be outstanding from time to time. No
sinking fund has or will be established with respect to the Deferred Stock
Obligations.
The Registrant reserves the right to amend or terminate the Plan at any
time, except that no amendment or termination shall adversely affect the rights
of Participants with respect to Deferred Stock Obligations acquired prior to
such amendment or termination without the Participants' written consent. In
the event the Plan is terminated, the Registrant may decide, in its sole
discretion, to either settle the Deferred Stock Obligations as they come due in
accordance with the terms of the Plan or accelerate the settlement of the
Deferred Stock Obligations.
The Deferred Stock Obligations do not enjoy the benefit of any affirmative
or negative pledges or covenants by the Registrant. The Registrant may
establish a grantor trust to set aside shares of the Registrant's Common Stock
to use for the settlement of the Deferred Stock Obligations, but the Registrant
retains discretion to determine whether such a trust will be established and,
if so, the amount and timing of any contributions to the trust. The assets of
the trust would remain subject to the claims of the Registrant's creditors.
The trustee of the trust would be required to administer the trust in
accordance with its terms, but the trustee's obligations and authority would be
limited to the amounts that may be held in the trust from time to time and the
trustee may be subject to the direction of the Registrant with respect to the
settlement of the Deferred Stock Obligations.
Item 5. Interests of Named Experts and Counsel.
Steven M. Woghin, who is rendering the opinion as to the legality of the
Registrant's securities to be issued pursuant to this registration statement,
is employed by the Registrant as Senior Vice President and General Counsel.
Mr. Woghin is the beneficial owner of 19,835 shares (including 6,425 shares
credited to his account in the Registrant's tax-qualified profit sharing plan),
and of options to purchase 397,874 shares of the Registrant's Common Stock.
Item 6. Indemnification of Directors and Officers.
As permitted by Section 145 of the Delaware General Corporation Law,
Article EIGHTH of the Registrant's Restated Certificate of Incorporation, as
amended, provides:
"The Corporation shall to the fullest extent permitted by Section 145 of
the General Corporation Law of Delaware, as the same may be amended and
supplemented, indemnify any and all persons who it shall have power to
indemnify under said section from and against any and all of the
expenses, liabilities or other matters referred to in or covered by such
section, and the indemnification provided for herein shall not be deemed
exclusive of any other rights to which those indemnified may be entitled
under any By-law, agreement, vote of stockholders or disinterested
directors or otherwise, both as to action in his official capacity while
holding such office, and shall continue as to a person who has ceased to
be a director, officer, employee or agent and shall inure to the benefit
of the heirs, executors and administrators of such person."
5
The Registrant's Restated Certificate of Incorporation, as amended, also
limits the personal liability of directors for monetary damages in certain
instances and eliminates director liability for monetary damages arising from
any breach of a director's duty of care.
The Registrant maintains insurance on behalf of any person who is or was a
director, officer, employee or agent of the Registrant, or is or was serving at
the request of the Registrant as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust or other enterprise
against any liability asserted against him and incurred by him in such
capacity, or arising out of his status as such, whether or not the Registrant
would have the power to indemnify him against such liability under the
provisions of the Registrant's Restated Certificate of Incorporation, as
amended.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
See the Index to Exhibits attached hereto.
Item 9. Undertakings.
A.
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section
10(a)(3) of the Securities Act;
(ii)
To reflect in the prospectus any facts or events
arising after the effective date of the registration statement
(or the most recent post-effective amendment thereto) which,
individually or in the aggregate, represent a fundamental
change in the information set forth in the registration
statement; and
(iii)
To include any material information with respect
to the plan of distribution not previously disclosed in the
registration statement or any material change to such
information in the registration statement;
provided, however, that paragraphs A(1)(i) and A(1)(ii) do
not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to Section
13 or Section 15(d) of the Exchange Act that are incorporated
by reference in this registration statement.
6
(2)
That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold
at the termination of the offering.
B.
The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of
the Exchange Act that is incorporated by reference in this registration
statement shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering thereof.
C.
Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue.
7
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the Town of Islandia, County of Suffolk and the State of New
York, on the
10th day of September, 2003.
COMPUTER ASSOCIATES INTERNATIONAL, INC.
By:
/s/ Ira H. Zar
Ira H. Zar
Executive Vice President and
Chief Financial Officer
8
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS that the individuals whose
signatures appear below constitute and appoint Sanjay Kumar and Ira Zar,
and each of them, his true and lawful attorney-in-fact and agents with
full and several power of substitution, for him and in his name, place
and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement,
and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents, and each of them full
power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully
to all intents and purposes as he might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or
any of them, or their substitutes, may lawfully do or cause to be
done.
9
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in
the capacities indicated on the 10th day of September, 2003:
Signature
Title
/s/ Sanjay Kumar
Sanjay Kumar
Chairman, President, Chief Executive Officer and Director (Principal Executive Officer)
/s/ Russell M. Artzt
Russell M. Artzt
Director
/s/ Kenneth Cron
Kenneth Cron
Director
/s/ Alfonse M. D'Amato
Alfonse M. D'Amato
Director
/s/ Gary J. Fernandes
Gary J. Fernandes
Director
/s/ Robert E. La Blanc
Robert E. La Blanc
Director
/s/ Jay W. Lorsch
Jay W. Lorsch
Director
/s/ Lewis S. Ranieri
Lewis S. Ranieri
Director
/s/ Walter P. Schuetze
Walter P. Schuetze
Director
/s/ Alex Serge Vieux
Alex Serge Vieux
Director
/s/ Ira H. Zar
Ira H. Zar
Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)
10
INDEX TO EXHIBITS
Exhibit
Number
Description
4.1
-
Provisions of the Registrant's Restated Certificate of Incorporation, dated February 3, 1999, that
define the rights of security holders of the Registrant (incorporated by reference to Exhibit 3(I) to
Registrant's Form 10-Q for the fiscal quarter ended December 31, 1998).*
4.2
-
Provisions of the Registrant's By-laws, as amended effective January 19, 1999, that define the rights of
security holders of the Registrant (incorporated by reference to Exhibit 3(II) to Registrant's Form 10-Q
for the fiscal quarter ended December 31, 1998). *
4.3
-
Rights Agreement ("Rights Agreement") dated as of June 18, 1991 between the Registrant and Manufacturers
Hanover Trust Company (incorporated by reference to Exhibit 4 to the Registrant's Current Report on Form
8-K dated June 18, 1991).*
4.4
-
Amendment No. 1 dated May 17, 1995 to Rights Agreement (incorporated by reference to Exhibit C to the
Registrant's Annual Report on Form 10-K for the fiscal year ended March 31, 1995).*
4.5
-
Amendment No. 2 dated May 23, 2001 to Rights Agreement (incorporated by reference to Exhibit 4.6 to the
Registrant's Annual Report on Form 10-K for the fiscal year ended March 31, 2001).*
4.6
-
Amendment No. 3 dated November 9, 2001 to Rights Agreement (incorporated by reference to Exhibit 99.1 to
the Registrant's Current Report on Form 8-K filed as of November 9, 2001).*
4.7
-
2003 Compensation Plan For Non-Employee Directors (incorporated by reference to Exhibit A to the
Registrant's definitive Proxy Statement filed with the Commission on July 21, 2003).*
5
-
Opinion of Steven M. Woghin, Esq. as to the legality of securities being offered hereunder.
23.1
-
Consent of KPMG LLP.
23.2
Awareness Letter of KPMG LLP.
23.3
-
Consent of Steven M. Woghin, Esq. (contained in his Opinion in Exhibit 5 hereto).
24
-
Power of Attorney (set forth on the signature page).
*
Incorporated by reference.