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HP Named Largest Global PC Maker for 2007

PALO ALTO, Calif., Jan. 16, 2008

HP was named the world’s largest PC manufacturer for 2007, with 18.8 percent of global PC unit shipments for the calendar year, according to results from the fourth calendar quarter of 2007 released today by industry analyst firm IDC.(1)

According to IDC’s report, HP’s global unit shipment growth of 30.1 percent for 2007 more than doubled the average yearly growth rate of 14.3 percent. In the final quarter of 2007, HP held its lead in worldwide PC unit shipments with 19 percent market share.

The company grew at a rate of 23.3 percent year over year for the fourth calendar quarter, substantially faster than the overall global PC market growth rate of 15.5 percent for the period. HP’s U.S. shipments grew at a rate of 9.8 percent in the fourth quarter to capture 24.3 percent market share.

“In calendar 2007, HP completed a makeover of its extensive PC portfolio serving large enterprise, small business and individual consumers. IDC’s report shows that customers the world over enthusiastically embraced HP’s products for their high design and leading-edge technology,” said Todd Bradley, executive vice president, Personal Systems Group, HP. “We will continue to work to earn customer loyalty by delivering an excellent experience and innovation that really matters.”

The HP personal computing lineup delivers some of the industry’s most stylish designs and easy-to-use features, such as the youth-designed Artist Edition HP Pavilion notebook and the tablet and touch-enabled HP Pavilion tx2000 Entertainment Notebook, both of which debuted earlier this month at CES 2008.

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) IDC, Worldwide Quarterly PC Tracker, Jan. 16, 2008, Preliminary.

This news advisory 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.

© 2008 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.

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