IBM Board Approves 25 Percent Increase in Quarterly Cash Dividend

Regulatory News:
The IBM (NYSE: IBM) board of directors today declared a regular

quarterly cash dividend of $0.50 per common share, payable June 10

2008, to stockholders of record May 9, 2008.
Today´s dividend declaration represents an increase of $0.10, or 25

percent higher than the prior quarterly dividend of $0.40 per common

share.
IBM has increased its quarterly dividend by 150 percent since 2006. This

is the 13th year in a row that IBM has increased its quarterly cash

dividend.
With the payment of the June 10 dividend, IBM will have paid 370

consecutive quarterly dividends, starting in 1916.