# ENDORSEMENT 2

This endorsement, effective 12:01 A.M., May 21, 1977, forms a part of policy No. GC 550 18 52 issued to International Business Machines Corporation by Lexington Insurance Company.

In consideration of the premium charged, it is agreed that the insurance afforded by this policy shall not apply with respect to any insured's liability arising out of the utterance or dissemination of any printed or published material, except with respect to advertising by or on behalf of the insured for the purpose of promoting its own business, if such advertising does not involve quoting from text of any printed or published material.

All other terms and conditions remain unchanged.

6/16/77 pmr

Form 1801