News release

Uptown Park 4 to Debut in 2002 as Part of Compaq Houston Marathon Weekend

Continuing its efforts to increase participation and offer races to runners of all abilities, the Compaq Houston Marathon has added the Uptown Park 4 to the event lineup for race weekend in 2002.

The four-mile race is sponsored by Uptown Park, Houston's European-style shopping center in the Galleria area, and will take place Sunday, January 20 on a portion of the marathon course in downtown.

"We are thrilled to be a part of the largest single day sporting event in Houston," said Giorgio Borlenghi, president, The Interfin Companies, operator of Uptown Park. "For The Interfin Companies and the Uptown Park Shopping Center, being part of the life of the city is very important. The Uptown Park four-mile race gives us a great opportunity to continue our involvement in the Houston community."

In addition to its sponsorship of the four-mile race, Uptown Park will serve as the "Official Athletes' Village of the Compaq Houston Marathon," hosting coaching clinics, training seminars and other marathon-weekend-related events leading up to the race.

The announcement of the Uptown Park 4 completes the racing schedule for next year's 30th anniversary of the Compaq Houston Marathon. The Uptown Park 4 will be held in conjunction with the traditional 26.2-mile race and new 13.1-miler. The Texas Children's Hospital Kids' Fun Run kicks off race weekend Saturday, January 19, with a noncompetitive two-mile run for area middle-school students.

"Uptown Park is a welcome addition to the corporate sponsor family that will help us celebrate 30 years of running for the Compaq Houston Marathon," said David Hannah, race director, Compaq Houston Marathon. "The new four-mile event, coupled with our other events, will give every level of runner the opportunity to participate in the race weekend."

The Uptown Park 4 course will be announced next month.

Registration for the marathon, 13.1-miler and Uptown Park 4 will begin September 10 at the annual kickoff party held at Memorial Park. Runners may register online beginning September 11 on the Compaq Houston Marathon Web site: http://www.compaqhoustonmarathon.com. Registration forms also will be available at most local athletic clubs, YMCAs and the Tennis Center at Memorial Park.

An executive team of volunteers and an additional 5,000 volunteers who assist on race weekend administer the Compaq Houston Marathon. The race is the city's largest single-day sporting event and is a member of Running USA, a nonprofit group devoted to improving the status of road racing in the United States. The 2002 event will be Compaq's second year to sponsor the Houston Marathon.

For more information visit the marathon Web site at http://www.compaqhoustonmarathon.com or call (713) 957-3453.

About Uptown Park

Uptown Park is an elegant, European-style shopping center featuring over 30 unique merchants including restaurants, shops, spas and services. Located on 13 acres at the corner of Post Oak Boulevard and Loop 610, the Center is filled with lush landscaping, fountains, and intimate gathering spots, making it the place to shop, stroll and dine in Houston. Uptown Park prides itself on creating special events and partnerships that give back to the community.

Company Background

Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq (NYSE: CPQ) and its products and services is available at http://www.compaq.com.