PALO ALTO, Calif. — (BUSINESS WIRE) — March 10, 2011 — HP (NYSE: HPQ) today issued the following statement by Bill Wohl, HP senior vice president and chief communications officer:

“Irresponsible reporting by Taiwan’s Commercial Times, suggesting that HP might sell its PC business, should be dismissed as market rumor and speculation. HP runs the world’s largest PC business and it is core to HP’s strategy for the connected world.”

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© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

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