Press Release: August 04, 2009

HP Signs Workplace Services Agreement with AkzoNobel

PALO ALTO, Calif., Aug. 4, 2009

HP today announced it has signed a five-year workplace services contract with AkzoNobel N.V. that will help reduce costs and increase employee productivity for the Netherlands-based Fortune Global 500 industrial company.

HP will provide AkzoNobel with workplace services for approximately 26,000 employees in 29 countries. This includes a global service desk in 13 languages, application life cycle management, asset management and mobility services.

“As the world’s largest paint manufacturer and a leader in specialty chemicals, we’re focused on delivering innovative products to our customers,” said Pieter Schoehuijs, chief information officer at AkzoNobel. “HP’s workplace services will equip our employees with consistent, high-quality, secure technology support so we can maintain our focus and industry leadership moving forward.”

“By standardizing workplace services worldwide, AkzoNobel will reduce downtime, boost employee productivity and achieve cost savings,” said Bill Thomas, senior vice president of the Europe, Middle East and Africa region at EDS, an HP company. “HP will provide scalability, consistency and expertise while helping to resolve complex hardware and software issues quickly and efficiently.”

About AkzoNobel

AkzoNobel is proud to be one of the world’s leading industrial companies. Based in Amsterdam, the Netherlands, AkzoNobel makes and supplies a wide range of paints, coatings and specialty chemicals – 2008 revenue totaled €15.4 billion. AkzoNobel is the largest global paints and coatings company. As a major producer of specialty chemicals, the company supplies industries worldwide with quality ingredients for life’s essentials. AkzoNobel thinks about the future, but acts in the present. AkzoNobel is passionate about introducing new ideas and developing sustainable answers for its customers. That’s why its 60,000 employees – who are based in more than 80 countries – are committed to excellence and delivering Tomorrow’s Answers Today™.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at

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; 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 execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2009 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, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

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About HP

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