HP INC — Director's Dealing 2005

Apr 21, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2005-04-18

Reporting Person: KEYWORTH GEORGE A II (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-18	Stock Option (right to buy)	$20.4850	A	20448	Acquired	2015-04-17	Common Stock (20448)	Direct

Footnotes

F1: This option will become fully exercisable on April 18, 2006.

F2: Not applicable.