News release

HP Appoints Michael Hoffmann to Lead Supplies Business

HP today announced the appointment of Michael Hoffmann to senior vice president of the company’s imaging and printing supplies business, effective May 28.

Hoffmann, 45, who has served since 2004 as senior vice president and general manager of HP’s Imaging and Printing Group in Europe, the Middle East and Africa (EMEA), will be responsible for continuing the company’s worldwide leadership in printing supplies through customer focus and innovation. He previously held the same position in the Asia Pacific and Japan region.

A 19-year veteran of HP, Hoffmann will continue to report to Vyomesh Joshi, executive vice president of the Imaging and Printing Group. He succeeds Pradeep Jotwani, who is leaving HP after 25 years to pursue other professional and personal interests.

“After successfully running the imaging and printing business in two key regions, Michael is ideally suited to oversee our supplies business worldwide. He is a strong leader who has gained a rich understanding of our global customer needs,” said Joshi. “I would like to thank Pradeep for his enormous contributions to our business over the past two and a half decades. His leadership, acute judgment and business acumen have been important to our success.”

As part of his previous roles, Hoffmann served in a variety of areas such as sales, operational supply chain, marketing, consumer support, category management and lead for the consumer go-to-market team.

Hoffmann holds a master’s degree in business administration from the University of Saarbrücken, Germany.

Succeeding Hoffmann in his EMEA role is Bill DeLacy, 46, a 20-year veteran of HP who has served the company in a variety of sales, marketing and management roles. Most recently, he was vice president and general manager of HP’s U.S. Consumer Business. Previously, DeLacy worked in sales, product management and market development in the United States and Europe for HP’s Network Printing business.

DeLacy graduated magna cum laude with a bachelor’s degree in marketing and management from Northwood University, Michigan.

About HP

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $97.1 billion for the four fiscal quarters ended April 30, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could 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 but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

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