**EFFECTED THROUGH**
**JOHNSON & HIGGINS**
Established 1845
INSURANCE BROKERS - AVERAGE ADJUSTERS
EMPLOYEE BENEFIT PLAN CONSULTANTS
CABLE ADDRESS "KERODEN"
95 WALL ST., NEW YORK, N.Y. 10005
TEL: 462-8000 AREA CODE 212

**International Business Machines Corp.**
Attn: Mr. Richard Faron, Ins. Dept.
Armonk, New York 10504
January 30, 1980

The following changes in the policies listed below are hereby bound

**EFFECTIVE: 1/29/80**

Include the following Joint Ventures and/or Partnerships as Named Insureds as respects the interest of IBM only:
(1) Market Street Associates of St. Louis
(2) Discovision Associates
(3) Satellite Business Systems

SEE PAGE 2

Name of Insured: International Business Machines Corp., etal
Policy Numbers: GA8906923
5/21/79-82

UNDERWRITERS: Zurich Ins. Co.
Bob Weinstock

Accepted by: (Date) (Hour) A.M. P.M.

Accepted by: (Date) (Hour) A.M. P.M.

jm
PAGE 1 of 2 PAGES
Richard T. Michel
ENDORSEMENTS

FORM NO. 2640B-2
MM 009584