# Asbestos Endorsement

This endorsement changes the policy. Please read it carefully.

| POLICY NO | EFF. DATE OF POL | EXP. DATE OF POL | EFF. DATE OF END | AGENCY NO | ADD L PREMIUM | RETURN PREMIUM |
|-----------|-----------------|-----------------|-----------------|-----------|---------------|---------------|
| CEO6463583-01 | 5-21-91 | 5-21-92 | 5-21-91 | 18-493 | $ -- | $ -- |

**Named Insured:** International Business Machines Corp.
**Address (including ZIP Code):** Armonk, NY 10504

This endorsement modifies insurance provided under the Commercial Excess Liability Policy.

**Exclusion: Liability Arising From Asbestos**

It is agreed that regardless of whether or not such insurance is, was or would have been afforded by the governing underlying insurance policy, this policy does not apply to any ultimate net loss arising from asbestos.

md/6-26-91

Countersigned  
authorized representative:

U-ES-10003-A