CORPORATE INFORMATION Common Stock and Dividends STOCKHOLDER INFORMATION Dividend Reinvestment/ Stock Purchase Investor Information Regional Headquarters Headquarters Latin America Europe, Africa, Middle East Transfer Agent and Registrar Asia Pacific Please contact hp’s transfer agent, at the phone number or address listed below, with questions concerning stock certificates, dividend checks, transfer of ownership or other matters pertain- ing to your stock account. Computershare Investor Services Shareholder Services P.O. Box A3504 Chicago, Illinois 60690 (800) 286-5977 (from the United States) (312) 360-5138 (outside the United States) Printed on recycled paper and on hp  LaserJet paper. UNIX is a registered trademark of  The Open Group. eHITEX and Converge.com are trademarks  of Converge, Inc. The Grameen Bank is a member of the  non-governmental organization Grameen Family of Organizations. ©2001 Hewlett-Packard Company.  All rights reserved. All trademarks and  registered trademarks are the property  of their respective owners. This annual report contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the results of hp and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include the ability of hp to retain and moti- vate key employees; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distri- bution channels; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks that are described from time to time in hp’s Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the years ended October 31, 2000 and 1999, and subsequently filed reports. HP assumes no obligation to update these forward-looking statements. Forward-Looking Statements 19/F Cityplaza One 1111 King’s Road Taikoo Shing, Hong Kong Telephone: (852) 2 599-7777 Route du Nant-d’Avril 150 CH-1217 Meyrin 2 Geneva, Switzerland Telephone: (41/22) 780-8111 Waterford Building, 9th floor 5200 Blue Lagoon Drive Miami, FL 33126 Telephone: (305) 267-4220 3000 Hanover Street Palo Alto, CA 94304-1185 (650) 857-1501 Hewlett-Packard is listed on the New York and Pacific stock exchanges, with the ticker symbol HWP. We’ve paid cash dividends each year since 1965. The current rate is $0.08 per share per quarter. As of November 30, 2000, there were 122,409 shareholders of record. The annual meeting will be held on Tuesday, February 27, 2001 at the Flint Center for the Performing Arts. The address is 21250 Stevens Creek Boulevard, Cupertino, California, 95015-1897. Dividend reinvestment and stock purchase  are available through Computershare, hp’s transfer agent. For information on this program, please contact Computershare at the following address and phone number:  Computershare Trust Company Dividend Reinvestment Services P.O. Box A3309 Chicago, IL 60690 (800) 286-5977 (from the U.S.) or (312) 360-5138 (outside the U.S.) Current and prospective hp investors can receive the Annual Report, Proxy Statement,  10-K, earnings announcements, 10-Q and other publications at no cost by calling 800- TALK-HWP (825-5497). As a service to people with impaired vision, the 2000 Annual Report is available on audio cassette.  HP’s home page on the World Wide Web is at http://www.hp.com The Annual Report and related financial infor- mation are also available on the Web, and they can be accessed either from our home page or directly at http://www.hp.com/ hpinfo/investor/main.htm 61 Concept & Design: EAI/Atlanta Printing: Anderson Lithograph Photographers: Tom Feiler, Misha Gravenor, Angela Wyant Writing: Stone Yamashita, San Francisco