IBM investor services program : Voluntary additional investment

Additional share purchases may be made by sending a check or money order payable to "Computershare-IBM", for as little as $50, up to a yearly investment limit of $250,000, to Computershare, IBM Investor Services Program, P.O. Box 13531, Newark, New Jersey 07188-0001. A fee of $5 per investment will be deducted (prior to investment) from the check or money order of current stockholders of record. For non-stockholders of record, the first investment has a $500 minimum investment requirement and there is a first time investment fee of $15 which is deducted prior to investment. Contact Computershare for details (see contact information).