News release

HP Earns Broader Certification for U.S. EPA SmartWay Program

Company extends transportation logo program to include business PC, printing and server products

HP today announced it has qualified all business PC, printing and server products shipped throughout the United States and Canada for the U.S. Environmental Protection Agency’s (EPA) SmartWay logo labeling program that aims to reduce the fuel consumption, greenhouse gases and other air emissions of surface transportation carriers.

While the EPA has about 950 SmartWay Transport Partners, HP, in April, became the first company to qualify to have the SmartWay logo placed on its product packaging after it certified that its surface transportation carrier network for consumer accessories, desktop and monitor products was composed entirely of SmartWay-compliant carriers.

HP has now qualified the complete surface transportation carrier networks for its business desktops, monitors, notebooks, servers, storage, thin clients and workstations, as well as all imaging and printing devices.

“With more than 210,000 partners and retailers in the United States and around the globe, HP is working to not only reduce the environmental impact of its own products and operations, but also the impact of our entire supply chain network,” said Tony Prophet, senior vice president, Worldwide Supply Chain Operations, HP. “Working across HP businesses to expand our support of the SmartWay program and other similar initiatives will help us achieve this goal.”

SmartWay is an innovative partnership between the EPA and the freight industry. The program’s goals are to lower carbon dioxide (CO2) emissions by 33 million to 66 million tons annually by 2012 and nitrogen oxide (NOx) by 200,000 tons annually, along with additional reductions in particulate matter and air toxins. The initiative will result in fuel savings of up to 150 million barrels of oil annually – or the equivalent of removing 12 million cars from the road.

SmartWay Transport Partners must measure their current environmental performance with the SmartWay Transport F.L.E.E.T. (Fleet Logistics Energy and Environmental Tracking) Performance Model for carriers, commit to improving that performance within three years and sign the SmartWay Transport Partnership Agreement.

In addition to meeting these requirements, HP undertook a thorough assessment of logistics providers for its business and enterprise products, working with them to meet the EPA requirements and changing or temporarily eliminating partners that would not comply. As a result, 100 percent of the carriers for these products are now SmartWay partners, qualifying the products to carry the SmartWay logo.

HP has a company-wide goal to increase the use of SmartWay Transport Carriers for all of its products, and additional HP products are expected to soon qualify for the logo.

HP and the environment

For decades HP has been an environmental leader, driving company stewardship through its holistic design for environment strategy. HP influences industry action through its long-standing commitment to maintain supply chain responsibility, sustain energy efficient operations, reduce its climate impact and offer product reuse and recycling options. HP also makes it easier for customers to recognize environmentally preferable features through HP Eco Solutions, a program that helps customers identify products and services designed with the environment in mind. More information is available at www.hp.com/environment.

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 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.