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HP to Delist from Pacific Stock Exchange, Retains NYSE, Nasdaq Listings

PALO ALTO, Calif., May 1, 2006

HP today announced plans to withdraw its common stock from listing on the Pacific Exchange, Inc., now known as NYSE Arca, Inc.

HP common stock will continue to trade on the New York Stock Exchange, the principal listing exchange, and on the NASDAQ National Market.

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 Jan. 31, 2006, HP revenue totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.

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