Two New Appointments To HP NZ Executive Team

For immediate release

HP Announces Two New Appointments To NZ Executive Team

AUCKLAND, 24 September, 2002: HP NZ has today announced two new appointments to its New Zealand Executive Team.

Jennifer Rutherford has been appointed General Manager, Imaging and Print Group and Donna Fyfe has been appointed General Manager, Personal Systems Group.

In announcing the appointments, Russell Hewitt, Managing Director HP NZ, said he was delighted with the leadership qualities that Jennifer and Donna would bring to their roles.

"Their extensive knowledge and experience of the IT industry, in New Zealand and off-shore, will drive our business growth in the consumer and personal computing markets," says Hewitt.

Jennifer was previously Northern Region Sales Manager for HP NZ and Distribution Channel Manager for Compaq Computer NZ. Prior to joining Compaq, Jennifer worked for Toshiba Australia, Computerland and IBM.

Donna has recently returned to New Zealand from the UK and Australia where she has held various management consulting positions in retail sales and channel strategy. Donna previously owned and operated her own business in NZ after working with Microsoft, Computerland and IBM in a variety of sales, management, and marketing roles.

Both appointments are effective immediately.

About HP HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corp. on May 3, 2002. More information about HP is available at http://www.hp.co.nz

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For further information contact: Ken Erskine Director, Corporate Communications and Brand HP NZ Phone +64 9 918 9570 Mobile +64 21 848 383

Kirsten Blanchard Account Director Consultus NZ Phone +64 9 913 1824 Mobile +64 27 434 7977

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