CORRECTING and REPLACING ADVISORY/HP to Announce Initiative for Small and Medium Business Market via Conference Call dated Sept. 17, 2003.

Business Editors/High-Tech Writers

CORRECTION...by HP

ADVISORY...for Thursday (Sept. 18)

--(BUSINESS WIRE)

In BW5804 issued Sept. 17, 2003: Please replace the release dated Sept. 17, 2003 with the following corrected version.

New headline should read xxx ADVISORY/HP to Announce Initiative for Small and Medium Business Market via Conference Call (sted ADVISORY/HP to Announce Strategic Direction and New Offers for Small and Medium-sized Businesses).

There are numerous changes within the release.

The corrected release reads:

ADVISORY/HP TO ANNOUNCE INITIATIVE FOR SMALL AND MEDIUM BUSINESS MARKET VIA CONFERENCE CALL

What: HP (NYSE:HPQ) is hosting a press event and conference call to
announce a worldwide initiative for the small and medium-sized
business (SMB) market, one of the fastest-growing and most important
segments in the global economy.

The conference call, hosted by HP Chairman and Chief Executive Officer
Carly Fiorina and John Brennan, senior vice president, HP Small and
Medium Business, will provide additional details on HP's strategy for
the SMB market. Several other HP executives will participate in the
call from The Washington Hilton & Towers, where HP is hosting a press
event immediately following the U.S. Small Business Administration's
Celebrating Women in Business breakfast.

Who:    Carly Fiorina, HP chairman and chief executive officer

        John Brennan, senior vice president, HP Small and Medium
         Business

        Robyn West, vice president, small and medium business, HP
         Americas

        Nigel Ball, vice president, small and medium business, HP
         Enterprise Systems Group

        Gerri Gold, vice president, corporate development, HP
         Financial Services

        Marci Meaux, vice president, channel partner management, HP
         Services

        Chris Morgan, senior vice president, marketing, HP Imaging and
         Printing Group

        Denise Marcilio, director of marketing strategy, HP Personal
         Systems Group in Latin America

        Didier Cabaret, director of the HP small and medium business
         program, for Europe, the Middle East and Africa

When:   Thursday, Sept. 18
        11 a.m.-11:45 a.m. EDT     HP remarks and question and answer
                                    session
Conference call number:
        U.S./Canada: [phone]
        International: (country code) + 1 706 634 1337
        Conference ID: 2845651
        Webcast address for slide presentation:
            http://www.hpbroadband.com/program.cfm?key=0918
            Replay: A replay of the webcast will be available at the
                    same URL shortly after the call and will remain
                    available for approximately one month.

If you are unable to attend the webcast, you can call the following
number to listen to the audio portion of the press conference. The
encore phone bridge will be available through Sept. 25.

Encore dial-in number:   [phone] or [phone]
Conference ID: 2845651

(C) 2003 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.