# AIG Excess Liability Insurance International Limited

(Hereinafter referred to as the "Insurer")
Bermuda Branch
29 Richmond Road, Pembroke HM 08, Bermuda
Telephone: 441-295-7827
Facsimile: 441-292-8099
Email: highexcessclaims@aig.com (For Claim Matters Only)
Facsimile: 866-616-8753 (For Claim Matters Only)

**FOLLOWING FORM EXCESS LIABILITY INSURANCE POLICY DECLARATIONS**

| ITEM 1. | (a) NAMED INSURED: | International Business Machines Corporation |
| --- | --- | --- |
| | (b) ADDRESS: | One North Castle Drive |
| | | Mail Drop #222, Armonk, NY 10504 |
| | | USA |

**ITEM 2.**
POLICY PERIOD:
Inception Date: May 21, 2009
To: May 21, 2010
(12:01 A.M. prevailing time at the address stated in Item 1 above)

**ITEM 3.**
COVERAGE:
Following Form Excess Liability

**ITEM 4.**
LIMITS OF LIABILITY:
US$150,000,000 Per Occurrence, Per Claim or Per Loss (per Followed Policy)
US$150,000,000 Aggregate, where applicable

Excess of Limits in Item 5 below

**ITEM 5.**
LIMITS OF UNDERLYING EXCESS POLICIES:
US$400,000,000 Per Occurrence, Per Claim or Per Loss
US$400,000,000 Aggregate, where applicable
Per Schedule of Underlying Excess Policies
(See Endorsement No. 1)

Page 1 of 2

FF-04 301.01 (Ed. 08/06)
Declarations-Occ (BER)