Press Release: March 27, 2013

Government of Catalonia Agency Awards HP $40 Million Contract for Applications Services

BARCELONA, March 27, 2013 — HP Enterprise Services Spain today announced that Generalitat de Catalunya (CTTI), an institution of the Government of Catalonia, has signed an agreement valued at $40 million for HP to modernize the organization's applications environments, supporting economic growth in the region.

Under the terms of the six-year agreement, HP will provide applications services that will help the Government of Catalonia improve efficiency and productivity, transforming the way the organization delivers, manages and evaluates its applications. With a modernized applications environment, CTTI will have a technology infrastructure that is more flexible and able to adapt to current trends while increasing quality of services.

HP will use its Transformation and Integration Services and Applications Management Services to optimize and manage the CTTI applications. CTTI employees use these applications every day to manage contracts and other business as well as access portals and oversee web content. As a result, CTTI expects to better align the applications portfolio to the government's priorities with the potential to reduce its expenses.

HP will provide these services from its facilities in Spain. VASS, an IT consultancy specializing in new technologies, and product and service integration, will assist HP in delivering these services.

"Governments worldwide are challenged to provide more services to a growing number of people with fewer resources," said Enrique Solbes, general manager, Enterprise Services Iberia, HP. "The HP team will build on our long relationship with CTTI to modernize its technology environment using best practices in applications management so that the organization can achieve its goals and be more cost effective."

HP currently provides a variety of IT Infrastructure Outsourcing Services and Applications Services to the Government of Catalonia.

HP's premier Americas client event, HP Discover, takes place June 11-13 in Las Vegas.

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, market share or competitive performance relating to products and services; any statements regarding 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 macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

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