1. © 2007 IBM Corporation IBM Global Financing Economic Stimulus Advantage There’s never been a better time to invest in technology! Jennifer Merrick, IGF Offering Marketing Manager Richard Jordan, IBM Tax Attorney

2. IBM Global Financing © 2008 IBM Corporation 2 Stimulus Bill Provisions and Client Benefits Positive after-tax benefit available for all businesses that pay taxes from accelerated depreciation on new equipment and software placed in service in 2008 » 60% depreciation first year on computer hardware rather than the usual 20% maximum (effectively an additional 40%) » An additional 50% first year depreciation on software Certain small businesses, whose total capital expenditures from all vendors are $800K or less, may have the ability to nearly double the amount of capital acquisitions expensed and accelerate the depreciation on the portion they capitalize » Nearly double the maximum amount that can be immediately written-off from $128,000 to $250,000 during 2008 IBM and IBM Credit LLC neither provide, nor intend to, offer or provide tax or accounting advice to customers. Customers should consult with their own tax, financial and legal advisors. Any tax or accounting treatment decisions made by or on behalf of the customer are the sole responsibility of the customer.

3. IBM Global Financing © 2008 IBM Corporation 3 Economic Stimulus Advantage Offering Option to choose between enhanced low rates or a free deferral » Valid for all US clients on true leases (IBM and non-IBM HW) Sample savings with new enhanced rates / deferral offer » $1M deal: 36 month term, payments in arrears, FMV lease  Current monthly payment of $26,268 vs. new payment of $25,918  Total savings over lease term of $12,600 or free 3 month deferral » $100K deal: 48 month term, payment in arrears, FMV lease  Current monthly payment of $2,190 vs. new payment of $2,156  Total saving over lease term of $1,600 or free 3 month deferral Rates as low as 2.60% on hardware financing and 3.5% on software and services

4. IBM Global Financing © 2008 IBM Corporation 4 EZ Rate Calculator and Present Value of Savings Estimate monthly payments in seconds with the online EZ Rate Calculator EZ Rate Calculator

5. IBM Global Financing © 2008 IBM Corporation 5 What This Mean for Our Sellers In response to the U.S. economic stimulus package that President Bush signed into law last week, IGF has announced the Economic Stimulus Advantage offering. Clients can select from either enhanced low rate financing or a no-charge three month deferral on true leases for new IBM and non-IBM equipment installed in 2008. » Clients can also take advantage of our below-market rates on IBM software and services in order to acquire the bundled solutions they need » Despite uncertainty in the financial markets, IGF has not changed it’s credit policies and is interested in funding our clients’ initiatives » Many of our competitors do not have capital to lend or have adopted stricter practices

6. IBM Global Financing © 2008 IBM Corporation 6 Financing can help… ScenarioHow can financing help? Project requiring a large, up-front payment, e.g., one-time-charge software license fees Spread out, or defer payments, to make them more affordable Complex project that can grow over time, e.g., on-going implementation services Introduce predictable payments to make budgeting easier Capital-intensive project or project with multi-year payback Pay over time to align cash outflow with solution usage Cross-enterprise project with multiple vendors/end- users, e.g., PCs, Point-of-Sale, network upgrades Simplify payments by combining multi-vendor solutions into one invoice Ask your clients… » Are you interested in spreading out your payments over time? » Did you know IBM can offer you competitive financing rates? » Do you want flexible payment terms that match your unique budget requirements? » Did you know IBM can finance your entire solution, including software, services, and hardware, for both IBM and non-IBM components, yielding one simple payment for you?

7. IBM Global Financing © 2008 IBM Corporation 7 What tools and support are available? Web Landing Page with Request A Quote ESA PW Page

8. IBM Global Financing © 2008 IBM Corporation 8 Thank You and Happy Selling! Q & A….