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HP to Present Live Audio Webcast of June 3 Security Analyst Meeting

PALO ALTO, May 27, 2003

What: HP (NYSE:HPQ), as it has for past meetings with security analysts, plans a live audio Webcast of its June Security Analyst Meeting.

Who: The audio Webcast will be hosted by Carly Fiorina, HP chairman and chief executive officer, and include presentations by members of the HP executive team.

When: Tuesday, June 3 8:00 a.m. - 12:30 p.m. EDT / 5:00 a.m. - 9:30 a.m. PDT

URL: http://www.hp.com/hpinfo/investor/sam/

HP plans to post speakers' slides to the Web site at approximately the same time the presentations take place.

On Wednesday, June 4, a replay of the audio Webcast will be posted after 5 p.m. EDT/2 p.m. PDT. The URL to access the replay is the same as above and will be available for approximately one week.

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