Beaverton, Ore., Aug. 24, 1999 - Sequent computer Systems announced that a special meeting of shareholders will be convened on Friday, Sept. 24, 1999, for the prupose of voting on the proposed merger of Sequent and IBM.

The meeting will be held at 9 a.m. at the company's headquarters in Beaverton, Oregon. The company plans to mail the proxy to shareholders and upload it to the SEC's EDGAR database on Wednesday, Aug. 25.

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