**125 Broad Street**
**New York, N.Y. 10004-2424**
**212 574 7000**

**Cable Address "KERODEN"**
**Telex No. 6720134 JANHNY UW**

**JOHNSON & HIGGINS Established 1845**

**June 28, 1991**

**Mr. Patrick J. Noone**
**Manager - Casualty Insurance**
**International Business Machines Corporation**
**208 Harbor Drive**
**P.O. Box 1051**
**Stamford, CT 06904-2501**

**YOUR LETTER OF JUNE 11, 1991**

**Dear Pat:**

As requested, attached is a revised endorsement for your General Liability policy adding Sobrato Group as an additional insured as well as Sobrato Development Companies. Note that this endorsement is also labelled #33 and replaces the previous one issued.

I trust you kind the attached satisfactory and ask that you contact me, should you have any additional questions.

Very truly yours,

**Richard T. Michel**
**Vice President**

**RTM3/lr**

**IBM 063149**