IBM Board Approves Regular Quarterly Cash Dividend

IBM
                  

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash
dividend of $.40 per common share, payable December 10, 2007 to stockholders of
record November 9, 2007. With the payment of the December 10 dividend, IBM will
have paid 368 consecutive quarterly dividends, starting in 1916.

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