DigitalThink Announces Settlement of EDS Dispute and Cash Dividend

DigitalThink Announces Settlement of EDS Dispute and Cash
Dividend 


SAN FRANCISCO, April 28  /PRNewswire-FirstCall/ -- The board of directors of
DigitalThink, Inc. , the leader in custom e-learning for Fortune 1000
companies, today announced a dividend for a total of $2,287,933, payable to
stockholders of record as of May 3, 2004.

DigitalThink is issuing the dividend pursuant to the settlement of its dispute
with EDS Corporation for $2.5 million.  The payment of the dividend is
contingent on the closing of the previously announced acquisition of
DigitalThink by Convergys Corporation, anticipated to close on May 3, 2004. If
the contingencies are satisfied, the payment date for the dividend will be May
14, 2004.

About DigitalThink

DigitalThink is the leader in custom e-learning for Fortune 1000 companies. 
DigitalThink provides the right combination of courseware development,
do-it-yourself capabilities, learning delivery, and industry- specific
expertise.  DigitalThink's customers include ADP Dealer Services, BearingPoint,
Circuit City, Kinko's, Mazda, and Red Hat.  When learning matters, the proven
choice is DigitalThink.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act
1995:

The statements contained in this release that are not purely historical are
forward-looking statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, including statements regarding DigitalThink's
expectations, anticipations, beliefs, hopes, intentions or strategies regarding
the future. Forward-looking statements include statements regarding
DigitalThink's expectations for fiscal 2004 and are based on management's
projections and beliefs regarding DigitalThink's sales strategies, product
capabilities, ability to control expenses, ability to recognize revenues from
backlog, future sales, the applicability of DigitalThink's solutions to
existing and prospective customers, growth of future enrollments, and the
growth of the e-learning market. All forward-looking statements included in
this release are based upon information available to DigitalThink as of the
date hereof, and DigitalThink assumes no obligation to update any such
forward-looking statement. Actual results could differ materially from
DigitalThink's current expectations. Factors that could cause or contribute to
such differences include, but are not limited to, our limited operating
history, expected fluctuation of our quarterly revenues, our ability to
recognize revenues in accordance with our expectations, our ability to maintain
our relationships with our principal customers, successful hiring and retention
of qualified staff in both the US and India, the continued success of our
alliance program, and other factors and risks discussed in the Company's Annual
Report on Form 10-K for the fiscal year ended March 31, 2003, including
(without limitation) under the captions, "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of Operations" which
is on file with the Securities and Exchange Commission (the "SEC") and
available at the SEC's website at http://www.sec.gov/. 

DATASOURCE: DigitalThink, Inc.



CONTACT:  INVESTOR/FINANCE CONTACT, Rob Krolik of DigitalThink,

[phone] or 



Web site:  http://www.digitalthink.com/ 

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