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HP Appoints Marius Haas to Lead ProCurve Networking

Brian Humphries assumes leadership of HP strategy and corporate development

PALO ALTO, Calif., June 17, 2008

HP today announced that it has appointed Marius Haas as senior vice president and general manager of the ProCurve Networking business.

Haas will oversee the group’s worldwide operations, with a focus on expanding its position as a leading networking supplier in the market. He will report to Shane Robison, executive vice president, chief strategy and technology officer at HP.

Haas previously served as HP’s senior vice president of strategy and corporate development. In that role, he led initiatives that focused on improving efficiency and driving growth for HP, including the execution and integration of all acquisitions since 2004. Haas joined Compaq from Intel Corporation in 1995.

“Marius has a tremendous track record of executing against HP’s key strategic initiatives,” said Robison. “He is the right leader to continue driving ProCurve’s aggressive market share gains.”

Brian Humphries will replace Haas as senior vice president of strategy and corporate development for HP, reporting to Robison. Humphries will be responsible for leading HP’s corporate strategic initiatives and merger and acquisition activities.

Humphries, who previously served as vice president of finance for HP Services, has held several finance roles during his 14-year career with HP, Compaq and Digital Equipment Corporation. Prior to his role with HP Services, Humphries served as HP’s vice president of investor relations.

About HP ProCurve

HP ProCurve is the Network of Choice for best-in-class solutions, products and services for wired and wireless networks. ProCurve’s Adaptive Networks vision enables customers to implement an open, standards-based network infrastructure that adapts to the changing needs of users, applications and organizations.

ProCurve was positioned in the Leaders quadrant in research and advisory firm Gartner Inc.’s 2008 Magic Quadrant Report for Global Campus LANs and is No. 2 worldwide in Ethernet switch market revenue and ports according to Dell’Oro Group.

For more information on HP ProCurve, visit www.procurve.com.

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 April 30, 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. 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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