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IBM Announces Second-Quarter Financing Programs

Eligible Products Range From PCs to Enterprise Servers

ARMONK, N.Y - 16 May 2001: IBM today announced second-quarter financing offerings and promotions for a spectrum of IBM products from software and services to PCs, storage products and the eServer family. These special offers are available now to qualified midsize and large-enterprise customers through IBM Global Financing, the information technology industry's leading financier and a key source for software and services financing.

"IBM Global Financing's goal is to make it easier for more customers to acquire the information technology they need, when they need it, with flexible and competitive financing options," said Catherine E. Manion, general manager, IBM Global Financing, Americas. "One of IBM's key differentiators is our ability to offer customers a total solution approach to e-business implementation, including hardware, software, services and financing. Financing can help customers conserve and better manage their cash flow by providing an attractive alternative to purchasing the technology they need to build their e-business infrastructure. This can result in a project being deployed months or even years sooner, thus allowing customers to achieve market positioning and competitive advantages."

Low Rate Financing is a middle-market offering announced in February that provides financing rates as low as 5.5 percent* on a wide range of IBM eServers, PCs, retail store systems, storage and networking products, printers and services. In addition, the following second-quarter offerings and promotions are available:

Additional details on eligible IBM products and particular offerings are available from IBM Business Partners, IBM client representatives or at www.ibm.com/financing.

Contact(s) information

J. Timothy Ohsann
IBM Media Relations
(914) 765-6647
ohsann@us.ibm.com

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Global Financing
Hardware leasing, software and services financing, commercial financing, inventory, accounts receivable, term loans, acquisition financing