HP INC — Director's Dealing 2003

Sep 4, 2003

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NAVISITE INC (NAVI)
CIK: 0001084750
Period of Report: 2003-08-26

Reporting Person: HEWLETT PACKARD CO (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	4416592	Indirect

Footnotes

F1: The shares were acquired by Hewlett-Packard Financial Services Company ("HPFS"), a wholly-owned subsidiary of Hewlett-Packard Company ("HP"). HP disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that HP as the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.