Item 2.02. Results of Operations and Financial Condition.

Attachment I of this Form 8-K contains the prepared remarks for IBM's Chief Financial Officer Mark Loughridge's fourth quarter earnings presentation to securities analysts on January 20, 2009. Certain reconciliation and other information ("Non-GAAP Supplementary Materials") for this presentation was included in Attachment II to the Form 8-K that IBM submitted on January 20, 2009, which included IBM's press release dated January 20, 2009. All of the information in Attachment I is hereby filed except for the information set forth below, which is furnished but not filed:

The following statement on page 6: "And if you exclude the amortization of intangibles, and the year-to-year benefit from our pension in 2008, software increases to 43 percent"

The following statements on page 12: "In our growth markets, where we're investing to capture this rapidly growing opportunity, SG&A excluding currency and acquisitions was up 9 percent, while in the rest of the world it was down 5 percent, reflecting our focus to drive productivity in our major markets organization"

The following statement on page 13: "or $1.0 billion excluding the Japan gain."

The following statements on page 15: "However on a full year basis, total managed labor costs were up 5 percent year to year across all elements, excluding retirement-related"

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