IBM Board Approves Quarterly Cash Dividend

IBM
                  

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash
dividend of $0.50 per common share, payable September 10, 2008, to stockholders
of record August 8, 2008.

With the payment of the September 10 dividend, IBM will have paid 371
consecutive quarterly dividends, starting in 1916.

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IBM
Edward Barbini, 914/499-6565
[e-mail]
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