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October 28, 2008 11:17 AM Eastern Time 

IBM Board Approves Quarterly Cash Dividend

ARMONK, N.Y.--(BUSINESS WIRE)--Regulatory News:

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

With this payment of the December 10 dividend, IBM will have paid 372 consecutive quarterly dividends, starting in 1916.

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IBM
Douglas Shelton, 914/499-6533
doshelton@us.ibm.com

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