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Last updated on February 14, 2012 at 5:54 EST

Health Net Federal Services Sponsors CSC Invitational in VA

June 2, 2006

Health Net Federal Services (HNFS), the government operations division of Health Net, Inc. (NYSE:HNT), is proud to sponsor the CSC Invitational, the Washington, D.C. region’s premier pro bike race, through a special VIP seating area known as the Health Net Federal Services’ Breakaway Club. All ticket sale proceeds from the Health Net Federal Services Breakaway Club will go to support the Fisher House Foundation. The Fisher House provides "a home away from home" for families of patients receiving medical care at major military and Veterans Affairs medical centers across the nation.

"The CSC took this event to another level when they committed to donate the proceeds from the Health Net Federal Services Breakaway Club to the Fisher House organization," said Steve Tough, president, HNFS. "Because Health Net Federal Services provides health care services to the Department of Defense, supporting the Fisher House is an exemplary way of extending our care giving. We believe Fisher House is an extremely important organization, which provides the families of our men and women of the armed forces home-like accommodations during their family member’s convalescence."

Fans attending the CSC Invitational on Saturday, June 3, will have the opportunity to watch the race at the Health Net Federal Services Breakaway Club when they make a $20 contribution to the Fisher House. For this worthwhile donation in support of military families, fans will receive bleacher seating, access to a tented seating area, cowbells, refreshments and door prizes. Children under age 4 get in free with a paying adult. The Health Net Federal Services Breakaway Club is conveniently located behind the Clarendon Metro escalators. Tickets can be purchased in advance at www.arlingtonsports.org/breakaway.html.

In addition to sponsoring this event, HNFS also is pleased to welcome the Health Net Pro Cycling Team Presented by Maxxis to the CSC Invitational in Arlington, Va. For more information on the Health Net Pro Cycling Team, go to www.teamhealthnet.com.

The mission of Health Net’s giving program is "Supporting Those Who Support Our Military Heroes." Health Net believes that our service members could not do what they do without the support of their families. We pledge, through charitable giving, to improve their quality of life by supporting programs that help active duty and retired military families achieve a fit and healthy life and otherwise honor their service to our nation.

About CSC and Arlington Sports

Computer Sciences Corporation (NYSE:CSC) is one of the world’s leading providers of Information Technology (IT) and Business Services as well as one of Northern Virginia’s largest employers. CSC sponsors Team CSC, one of the top cycling teams on the ProTour. CSC also is the Official IT Partner of the Tour de France.

Arlington Sports, Inc. is a Virginia-based 501 c 3 non-profit, dedicated to the promotion and development of professional and amateur bike racing. For additional information, please visit www.arlingtonsports.org.

About Health Net

Health Net Federal Services, a subsidiary of Health Net, Inc., has a long history of providing cost-effective and quality managed health care programs for government agencies, including the Department of Defense and Veterans Affairs. As the managed care support contractor for the TRICARE North Region, Health Net provides health care services to over 3 million uniformed services beneficiaries, active and retired, and their families.

Health Net, Inc. is among the nation’s largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The company’s HMO, POS, insured PPO and government contracts subsidiaries provide health benefits to approximately 6.6 million individuals in 27 states and the District of Columbia through group, individual, Medicare, Medicaid and TRICARE programs. Health Net’s behavioral health services subsidiary, MHN, provides behavioral health, substance abuse and employee assistance programs (EAPs) to approximately 7.3 million individuals in various states, including the company’s own health plan members. The company’s subsidiaries also offer managed health care products related to prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.

For more information on Health Net, Inc., please visit the company’s Web site at www.healthnet.com. For more information on Health Net Federal Services, please visit www.healthnetfederalservices.com.

Cautionary Statements

Certain matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, that involve a number of risks and uncertainties. All statements, other than statements of historical information provided herein, may be deemed to be forward-looking statements. These statements are based on management’s analysis, judgment, belief and expectation only as of the date hereof, and are subject to uncertainty and changes in circumstances. Without limiting the foregoing, the words "believes,""anticipates,""plans,""expects,""may,""should,""could,""estimate,""intend" and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially due to, among other things, rising health care costs, negative prior period claims reserve developments, trends in medical care ratios, issues relating to provider contracts, operational issues, health care reform and general business conditions. Additional factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, but are not limited to, the risks discussed in the "Risk Factors" section included within the company’s most recent Annual Report on Form 10-K filed with the SEC and the risks discussed in the company’s other periodic filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this release.