End 001-2/01
Form OCC01
Page 2 of 2

**ADDITIONAL/RETURN PREMIUM: NIL**

| 9 | Excess Liability | Fireman's Fund SHX00060784188 May 21, 2009 - 2010 | $25,000,000 | $25,000,000 | $25,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 8 above |
|---|------------------|--------------------|------------|------------|------------|---------------------------------------------------------------------------|
| 10 | Excess Liability | Great American EXC 8634140 May 21, 2009 - 2010 | $25,000,000 | $25,000,000 | $25,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 9 above |
| 11 | Excess Liability | Endurance Specialty Insurance Limited P000466007 May 21, 2009 - 2010 | $25,000,000 | $25,000,000 | $25,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 10 above |
| 12 | Excess Liability | Canopius IBM-064/CUBL005-09 May 21, 2009 - 2010 | $25,000,000 | $25,000,000 | $25,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 11 above |
| 13 | Excess Liability | AIG Cat Excess 21472589 May 21, 2009 - 2010 | $150,000,000 | $150,000,000 | $150,000,000 | Per Occurrence and Annual Aggregate (Where Applicable) Excess of Item 12 above |

cont'd...

Any restrictive policy terms and/or conditions that apply to the underlying policies that are in excess of the Followed Policy but underlying to this Policy will also apply to this Policy, unless amended by Endorsement.

Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, exclusions or limitations of the Policy referenced below, except as expressly stated herein.

The effective date of this endorsement is May 21, 2009
All other terms and conditions remain unchanged.
This endorsement is attached to and made a part of Policy No. IBM-1416/OCC01
of ACE Bermuda Insurance Ltd.

Issued to: International Business Machines Corporation
Date of Issue: August 5, 2009
By Authorized Representatives

End No. 16