Rule 424(b)(3)
Registration No. 333-30786
PRICING SUPPLEMENT NO. 002
TO PROSPECTUS DATED MARCH 17, 2000
(As supplemented May 16, 2001)
[LOGO OF HEWLETT-PACKARD]
HEWLETT-PACKARD COMPANY
MEDIUM-TERM NOTES, SERIES A
(Due 9 Months or More from Date of Issue)
(Floating Rate)
---------------------------
GENERAL TERMS
Principal Amount: $60,000,000 Trade Date: August 28, 2001
Designation: Floating Rate Medium-Term Settlement Date: September 4, 2001
Notes due September 7, 2004
CUSIP: 42823H AB5 Maturity Date: September 7, 2004
Form: [X] Book-Entry [_] Certificated
PAYMENT OF INTEREST
Base Rate: LIBOR (3 month) Spread: +15 basis points
Initial Interest Rate: 3.64% Spread Multiplier: N/A
Minimum Interest Rate: N/A Maximum Interest Rate: N/A
Interest Payment Dates: Quarterly; Interest Reset Dates: Quarterly;
March 7, June 7, September 7 and March 7, June 7, September 7 and
December 7 of each year, beginning December 7 of each year beginning
December 7, 2001 (subject to December 7, 2001 (subject to
modified following business day modified following business day
convention) convention)
Interest Determination Date(s): Method of Calculation: Actual/360
Two London business days prior to
each Interest Reset Date Index Maturity: 3 month
Index Currency: U.S. dollars Calculation Agent (if other than
Chase Manhattan Bank and Trust
Designated LIBOR Page: LIBOR Company, National Association):
Telerate page 3750
ISSUE PRICE
Issue Price (as a percentage Commission or Discount (as a
of Principal Amount): 100% percentage of Principal
Amount): .14179%
Net Proceeds to Issuer: 99.85821%
ORIGINAL ISSUE DISCOUNT
Original Issue Discount Note: [_] Yes [X] No
CURRENCY
Specified Currency:
[X] U.S. Dollars [_] Other __________
REDEMPTION AND REPURCHASE
Redemption Date(s) (including Repurchase Date(s) (including
any applicable regular or any applicable regular or
special record dates): N/A special record dates): N/A
Subject to Tax Redemption by the Company
(including payment of additional amounts):
[_] Yes [X] No
EXTENSION OF MATURITY
Stated Maturity Extension Option:
[_] Yes [X] No
OTHER TERMS
Currency Indexed Note (check if yes): [_] Other Terms: None
(if yes, see attachment)
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Introduction
This pricing supplement describes a particular issuance of floating rate
notes under our Medium-Term Note Program. It adds to or supplements the section
entitled "Description of the Notes" in the accompanying prospectus and
prospectus supplement by providing specific pricing and other information about
the notes issued in this particular transaction. This pricing supplement also
amends the prospectus and prospectus supplement to the extent that the
description of the notes in this pricing supplement is different from the terms
that are set forth in the prospectus and prospectus supplement.
Supplemental Plan of Distribution
HSBC Securities (USA) Inc. is acting as agent in this transaction for the
sale to the public of the notes described herein, in the total principal amount
of $60,000,000 at the issue price set forth above.
Dated: August 31, 2001
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