News release

HP Appoints McCain to Run HP Consulting and Integration

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HP today announced that it has appointed John W. McCain, a seasoned information technology services executive, to serve as senior vice president of HP Consulting and Integration.

McCain will report to Steve Smith, senior vice president of HP Services.

McCain, 46, was most recently chief executive officer of iEnergizer, a privately-held, business process outsourcing services company. Previously, he spent two years as chief executive officer, North America, at Capgemini, and 16 years at EDS, where he led its e.Solutions, CIO Services and Commercial Services units.

"John McCain has a long, tested record of managing complex services organizations, driving improved profitability and serving multinational customers," said Smith. "I look forward to the considerable talents that he will bring to our team as we work to accelerate HP Services' growth and profitability."

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Oct. 31, 2005, HP revenue totaled $86.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they ever materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected development, performance or rankings of products or services; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the development, performance and market acceptance of products and services and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2005, and other reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2004. HP assumes no obligation and does not intend to update these forward-looking statements.