Listing Particulars

International Bus Mach Corp
20 December 2002


FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE:            20th December, 2002

Application has been made to the UK Listing Authority for the following
securities to be admitted to the Official List.

DETAILS OF ISSUE:            €8,000,000,000 Euro Medium Term Note Programme

ISSUER:                      International Business Machines Corporation

INCORPORATED IN:             State of New York, United States of America

Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:

JP Morgan Chase Bank            Merrill Lynch International
Trinity Tower                   Merrill Lynch Financial Centre
9 Thomas More Street            2 King Edward Street
London E1W 1YT                  London EC1A 1HQ

In addition, a copy of the Particulars is available for inspection at the
Document Viewing Facility at the Financial Services Authority, 25 The North
Colonnade, London E14 5HS.


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