Compaq Lowers Prices on Selected Value and Performance CRT Monitors; Up to 20 Percent Reduction on 15", 17" and 19" Monitors.

HOUSTON--(BUSINESS WIRE)--June 9, 1998--As the world's leader in monitor shipments for three consecutive years, Compaq Computer Corporation (NYSE:CPQ) continues to deliver price/performance leadership with U.S. price reductions of up to 20 percent on selected award-winning Compaq-designed CRT monitors. Effective immediately, these price reductions symbolize Compaq's aggressive effort to provide its customers with the highest level of performance, quality and reliability at an exceptional price. Price reductions are as follows:

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          Model            Old Price(1)   New Price     reduction

V55 - Value 15-inch color     $269          $235        12 percent
monitor

V75 - Value 17-inch color     $529          $425(2)     20 percent
monitor

P75 - Performance 17-inch     $649          $575(2)     12 percent
color monitor

V90 - Value 19-inch color     $849          $729(3)     15 percent
monitor

P110 - Performance 21-inch    $1,599        $1,465      9 percent
color monitor

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Continuing to set the standards for 17-inch monitors in the corporate environment, Compaq reduced prices by 20 percent on the Compaq V75 monitor. With price reductions of 15 percent on the Compaq V90, Compaq power users can opt for the 19-inch large screen monitor, with high clarity and crispness, while still meeting price/performance requirements for their computing needs.

For more details on these monitor price cuts and Compaq's complete line of CRT and TFT flat panel monitors, please visit the Compaq Web site at http://www.compaq.com/newsroom/wa/wa080698a.html

Company Background

Founded in 1982, Compaq Computer Corporation, a Fortune 100 company, is a global information technology company. Compaq is the fifth largest computer company in the world and the largest global supplier of personal computers. For more corporate information, see http://www.compaq.com.

Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

(1) All prices listed herein are estimated U.S. street prices. Actual reseller prices may vary.

(2) These new prices reflect a $20 instant rebate for Compaq monitors.

(3) These new prices reflect a $50 instant rebate for Compaq monitors.

CONTACT: Miller/Shandwick Technologies

Laura Gibbons, 617-351-4133

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OR

Miller/Shandwick Technologies

Julie Akstin, 281-405-2787

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