Hewlett-Packard Company Foundation, HP and Employees Commit More Than $1 Million...

Hewlett-Packard Company Foundation, HP and Employees Commit More Than $1 Million to Relief Efforts in China

PALO ALTO, Calif.--(Business Wire)--
The Hewlett-Packard Company Foundation (NYSE:HPQ) today announced
that it has committed $500,000 to the American Red Cross International
Relief Fund in partnership with the Red Cross Society of China for aid
in the aftermath of the earthquake that devastated the country's
Sichuan Province.

Numerous HP employees have already provided financial aid, and HP
supports and encourages continued giving. HP employees in China have
collectively given at least $285,000 - approximately $100,000 of which
was donated within the first hour alone of China's appeal for
donations. The Hewlett-Packard Company Foundation also has instituted
a gift-matching program for HP employee contributions for up to
$350,000.

In addition, HP will donate approximately $300,000 fair market
value worth of IT equipment to help rebuild local schools in the
affected communities. HP has established an "earthquake emergency
relief team" in China that will work to identify and support affected
customers and mobilize volunteer teams to help recovery efforts. These
volunteers will help with rebuilding and provide technical expertise
to schools and communities in need.

"HP and its employees have a long history of supporting those in
need," said Piau-Phang Foo, managing director, HP China. "Our thoughts
are with the families and communities affected by this tragedy, and we
are working hard to relieve their suffering and return their lives to
some normalcy."

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 $107.7 billion for the four fiscal
quarters ended Jan. 31, 2008. More information about HP is available
at www.hp.com.

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(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
Pamela Bonney, +1-650-857-5316
pamela.bonney@hp.com
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