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IBM to Voluntarily Comply with Informal SEC Investigation

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ARMONK, N.Y. - 27 Jun 2005: -- IBM announced today that it has received a request to voluntarily comply with an informal investigation by the staff of the Securities and Exchange Commission concerning IBM's disclosures relating to IBM's first quarter earnings and expensing of equity compensation. The SEC has informed IBM that the informal investigation is not an indication that any violations of law have occurred.


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