Quarterly Dividend

INTERNATIONAL BUSINESS MACHINES CORPORATION
28 July 1999

QUARTERLY DIVIDEND
COMPANY NAME
*INTERNATIONAL BUSINESS MACHINES CORPORATION 
SECURITY TITLE
*Cap Stk.
MNEMONIC CODE       *99KC
SEDOL CODE          *2-464-176
DIVIDEND AMOUNT     *$0.12
PERIOD              *Quarterly 
PROVISIONAL EX DATE *09-08-99
RECORD DATE         *10-08-99
PAYMENT DATE        *10-09-99
DIV/SCRIP OPTION    *Info n/av
NOTES               *