PALO ALTO, Calif. -- HP issued the below statement following Institutional Shareholder Services' (ISS) decision to change its recommendation and encourage shareholders to vote for HP's "Say on Pay" proxy proposal:

"HP is pleased that ISS has changed its recommendation to investors and is now supporting the 'Say on Pay' proposal in our proxy statement. We continue to believe that our pay-for-performance program reflects the industry's best practices."

© 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice.

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