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VENDOR: IBM Software Discounts for Shareholders

daemon@ATHENA.MIT.EDU (tsipple@vnet.IBM.COM)
Fri Apr 5 22:49:43 1996

To: os2ann.DISCUSS@bloom-picayune.MIT.EDU
Date: 4 Apr 1996 02:23:50 GMT
From: tsipple@vnet.IBM.COM
Reply-To: tsipple@vnet.IBM.COM

Reply-to:     tsipple@vnet.IBM.COM
Submitted by: tsipple@vnet.IBM.COM
Source:       IBM
---------------------------------------------------------------------
North American IBM shareholders who receive the Corporation's 1995 Annual
Report can take advantage of a special offer enclosed in the proxy envelope.
As computing moves into the network-centric era, you can get a head start by
investing in network-ready software for your PC.

Shareholders can purchase top IBM and Lotus software titles, including OS/2
Warp, OS/2 Warp Connect, IBM Internet Connection Secure WebExplorer for OS/2
Warp, IBM Antivirus, and any of the Lotus SmartSuite applica- tions for
Windows 3.1 and Win-OS/2. Free upgrades to the OS/2 Warp versions, when
available later this year, will be provided.

Sample Pricing:
     OS/2 Warp Connect V3                 $89
     Lotus SmartSuite                     $99
     Secure WebExplorer                   $25

The "Fine Print"
----------------
Offer is open to North American IBM stockholders of record receiving the 1995
Annual Report and proxy by mail. Each stockholder is limited to one copy of
each software title in the catalog. Stockholder must provide the
identification number listed in the special catalog. Offer ends May 31, 1996,
and Lotus upgrades must be redeemed by December 30, 1996. Sales taxes and
$5.00 (U.S.) shipping and handling will be added to each order. Order phone
numbers are listed in the special catalog. A nominal shipping and handling fee
will be charged for Lotus upgrades.

IBM is the world's largest software company. In 1995, IBM's software revenues
were approx. $12.7 billion, more than twice the next largest software company.
Total software revenue grew from $11.3 billion in 1994, and the gross profit
margin increased from 58.8% to 65.0%.

For more information on IBM's products, services, and annual report, please
visit the IBM home page on the Internet at http://www.ibm.com.
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