HP Board Declares Regular Dividend

PALO ALTO, Calif.--(Business Wire)--The HP (NYSE:HPQ) board of directors has declared a regular cash
dividend of 8 cents per share on the company's common stock.

The dividend, the second in HP's fiscal year 2008, is payable on
April 2, 2008, to stockholders of record as of the close of business
on March 12, 2008.

HP has approximately 2.6 billion shares of common stock
outstanding.

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 is available
at www.hp.com.

Note to editors: More news from HP, including links to RSS feeds,
is available at www.hp.com/hpinfo/newsroom/.

(C) 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.

HP
Ryan J. Donovan, +1 650-857-8410
ryan.j.donovan@hp.com
or
HP Media Hotline
+1 866-266-7272
pr@hp.com
www.hp.com/go/newsroom

Copyright Business Wire 2008