Unisys Announces Changes to U.S. Pension Plans ...

Unisys Corporation
                  

Unisys Corporation (NYSE:UIS) today announced that it has adopted changes to its
U.S. defined benefit pension plans effective December 31, 2006, and will
significantly increase matching contributions to its defined contribution
savings plan beginning January 1, 2007.

The changes to the U.S. plans are part of a global effort by Unisys to provide a
competitive retirement program while controlling the level and volatility of
retirement costs. They would reduce retirement-related expenses by approximately
$700 million over the next decade, based on current interest rates and actuarial
assumptions.

The changes to the U.S. pension plans affect most U.S. employees and senior
management. They include:

--  Ending the accrual of future benefits in the company's defined benefit
    pension plans for employees while not affecting retirement benefits that
    employees will have earned as of December 31, 2006, provided they are vested
    at the time their employment ends. There will be no new entrants to the
    plans after December 31, 2006.

--  Redesigning the Unisys Savings Plan to increase the company-funded
    stock-based matching contribution to 100 percent of the first 6 percent of
    eligible pay contributed by participants, up from the current 50 percent of
    the first 4 percent of eligible pay contributed by participants.

--  The changes do not affect the vested accrued pension benefits of former
    employees, including Unisys retirees.

As a result of stopping the accruals for future benefits in its U.S. defined
benefit pension plans, Unisys will record a one-time pre-tax curtailment gain of
approximately $45 million in the first quarter of 2006. Based on the changes to
the U.S. plans and including the $45 million curtailment gain, the company
expects its 2006 pension expense worldwide to be approximately $168 million,
down from $181 million in 2005.

'Contributing to our employees' retirements while keeping Unisys competitive in
the marketplace is an issue we have been giving thoughtful consideration to for
some time,' said Joseph W. McGrath, Unisys president and chief executive
officer. 'We think these changes have struck the appropriate balance between
controlling our pension costs and continuing to help our employees prepare for
retirement.'

Additional information on the company's retirement-related expenses can be found
on the Unisys Investor Web Site at www.unisys.com/investor.

About Unisys

Unisys is a worldwide technology services and solutions company. Our consultants
apply Unisys expertise in consulting, systems integration, outsourcing,
infrastructure, and server technology to help our clients achieve secure
business operations. We build more secure organizations by creating visibility
into clients' business operations. Leveraging Unisys 3D Visible Enterprise, we
make visible the impact of their decisions - ahead of investments, opportunities
and risks. For more information, visit www.unisys.com.

Forward-Looking Statements

Any statements contained in this release that are not historical facts are
forward-looking statements as defined in the Private Securities Litigation
Reform Act of 1995. All forward-looking statements rely on assumptions and are
subject to various risks and uncertainties that could cause actual results to
differ materially from expectations. Statements in this release regarding the
expected reduction in retirement-related expenses over the next decade and
expected pension expense in 2006 are based on actuarial assumptions and on
assumptions regarding interest rates and currency exchange rates, all of which
are subject to change. Accordingly, the expected reduction and expense amounts
are not guaranteed. A discussion of factors that could affect Unisys future
results is contained in periodic filings with the Securities and Exchange
Commission.

RELEASE NO.: 0322/8636

http://www.unisys.com/about__unisys/news_a_events/03228636.htm

Unisys is a registered trademark of Unisys Corporation. All other brands and
products referenced herein are acknowledged to be trademarks or registered
trademarks of their respective holders.

    CONTACT: Unisys Corporation
             Investors:
             Jim Kerr, 215-986-5795
             [e-mail]
                 or
             Media:
             John Schneidawind, 215-986-2472
             [e-mail]