IBM Board Approves Regular Quarterly Cash Dividend



    ARMONK, N.Y., October 30 /CNW/ - 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.




For further information:

For further information: IBM Edward Barbini, 914-499-6565
barbini@us.ibm.com


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