Trading Window

As you know, we announced earnings after the market closed on Tuesday. The
window for executive officers and directors to trade Compaq stock on the
open market opens today and will shut at market close on Thursday, November
9. If you plan to trade, please check with Tom Siekman before placing an
order.

Please call if you have any questions about the application of the trading
window to a transaction in Compaq securities.

Linda
281-514-1433

cc: Peter Larson by fax