News release

Snapfish by HP Rings in the New Year Early with 9 Cent Prints

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Four by six-inch digital prints through HP's Snapfish service now have an everyday low price of 9 cents a print⁽¹⁾ - providing consumers with an easy and more affordable way of preserving favorite moments from 2007 and the New Year memories to come.

In addition, prices for pre-paid prints are as low as 8 cents each. Either option provides more than 50 percent savings compared to those of other photo-sharing sites. With these price reductions, Snapfish members continue to have access to the best value in photography.

"The best value in photography just got better as we're now offering our 45 million members prints for mere pennies," said Ben Nelson, vice president and general manager, Snapfish by HP. "Snapfish also continues to offer quality services and products that truly inspire our members to preserve and share their most valuable memories."

Snapfish offers its members more than 100 personalized photo products, which include everything from photo books and photo cards to mugs and mouse-pads.

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 $104.3 billion for the four fiscal quarters ended Oct. 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

⁽¹⁾ New pricing applies to Snapfish members in the United States only.

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 execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP's filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2007 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.