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Interex Board Votes to Support Hewlett-Packard/Compaq Merger

Sunnyvale, Calif.—March 11, 2002—In a unanimous decision by its Board of Directors, Interex, the International Association of HP Computing Professionals, today announced that the organization intends to vote the shares of its holdings of Hewlett-Packard stock in favor of a merger between HP and Compaq.

"We believe our members will enjoy the inherent benefits of a marriage between HP and Compaq," said Bob Combs, Chairman of the Interex Board of Directors. "The merger of these two industry pioneers will give Interex members broader access to leading technology, R&D; programs, marketing, and service and support, enabling them to strengthen their computing platforms."

ABOUT INTEREX
Interex is the world's largest independent organization of IT leaders incorporating HP and HP-compatible technology in their computing strategy. For 28 years Interex has produced the world's leading HP-centric conferences, publications, online services and other educational tools supporting its member's platform involvement with MPE, HP-UX, NT, Linux and OpenView. For more information on Interex - where shared knowledge equals shared power - please visit www.interex.org.

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