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HP Names Don Grantham Chief Sales Officer

PALO ALTO, Calif., June 3, 2008

HP today announced that it has appointed Don Grantham to serve as senior vice president and chief sales officer, effective immediately.

Grantham will report to Ann Livermore, executive vice president of the Technology Solutions Group at HP, and be responsible for HP’s enterprise accounts and public sector sales. He also will lead sales for the Communications, Media and Entertainment; Financial Services; and Manufacturing and Distribution industries.

In addition to these duties, Grantham will lead worldwide alliance sales, sales compensation, global pre-sales, sales support, sales operations and go-to-market effectiveness.
“I am pleased that Ann recruited Don to be HP’s chief sales officer,” said Mark Hurd, HP chairman and chief executive officer. “Don will be a key leader in driving sales excellence for HP.”

A 25-year high-tech veteran, Grantham joins HP from Sun Microsystems, where he was executive vice president of Global Sales and Service. He formerly served as executive vice president of Sun Services and vice president of Sun’s Worldwide Sales Operations and also held many senior leadership roles in the company’s Global Sales Organization.

Prior to Sun Microsystems, Grantham spent 17 years at IBM, where he held numerous leadership roles in sales management both inside and outside of the United States.

“Don has an impressive track record in global sales leadership and sales operations,” said Livermore. “His extensive background in business management along with his experience with enterprise customers makes him a perfect fit for HP.”

Grantham replaces Andy Mattes, who was recently appointed senior vice president and general manager of HP’s Outsourcing Services business.

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 $110.4 billion for the four fiscal quarters ended April 30, 2008. 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 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 Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2008 and HP’s other 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 October 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. HP shall not be liable for technical or editorial errors or omissions contained herein.

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