HP to acquire 3Com David Donatelli EVP & GM Enterprise Servers and Networking, HP http://www.hp.com/investor/home © 2009 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice

Important Information Additional Information and Where to Find It 3Com plans to file with the Securities and Exchange Commission and furnish to its stockholders a proxy statement in connection with the proposed merger. The proxy statement will contain important information about the proposed merger and related matters. Investors and stockholders are urged to read the proxy statement carefully when it becomes available. Investors and stockholders will be able to obtain free copies of the proxy statement and other documents filed with the SEC by 3Com through the web site maintained by the SEC at www.sec.gov, and from 3Com by contacting Investor Relations by mail at 3Com Corporation 350 Campus Drive, Marlborough, MA 01752-3064 Attention: Investor Relations, by telephone at 508-323-1198, or by going to 3Com’s Investor Information page on its corporate web site at www.3com.com (click on “Investor Information”, then on “SEC Filings”). Participants in the Solicitation 3Com and HP and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from 3Com stockholders in connection with the acquisition. Information about HP’s directors and executive officers is set forth in HP’s proxy statement on Schedule 14A filed with the SEC on January 20, 2009 and HP’s Annual Report on Form 10-K filed on December 18, 2008. Information about 3Com’s directors and executive officers is set forth in 3Com’s proxy statement on Schedule 14A filed with the SEC on August 7, 2009 and 3Com’s Annual Report on Form 10-K filed on July 27, 2009. Additional information regarding the interests of participants in the solicitation of proxies in connection with the merger will be included in the proxy statement that 3Com intends to file with the SEC. Forward-looking statements This presentation contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected benefits and costs of the transaction; management plans relating to the transaction; the expected timing of the completion of the transaction; the ability to complete the transaction considering the various closing conditions, including those conditions related to regulatory approvals; any statements of the plans, strategies and objectives of management for future operations, including the execution of integration plans; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; that the transaction may not be timely completed, if at all; that, prior to the completion of the transaction, the target company’s business may not perform as expected due to transaction-related uncertainty or other factors; that the parties are unable to successfully implement integration strategies; and other risks that are described in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Annual Report on Form 10-K for its fiscal year ended October 31, 2008 and Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2009. HP assumes no obligation and does not intend to update these forward-looking statements. Compliance notice David Donatelli will start managing HP's storage business on January 2, 2010. As a result, the information he is presenting today focuses only on HP's server and networking business.

HP to Acquire 3Com HP and 3Com signed a definitive agreement on November 11, 2009 for HP to acquire 3Com Purchase price of $7.90 per share in cash, or an enterprise value of approximately $2.7B Expected to close in the first half of calendar 2010

Transformational Deal in Enterprise Networking Executive Summary Would create a new global networking leader in a $40B market Would make HP the #2 enterprise networking vendor worldwide Would make HP a networking leader in one of the world’s fastest-growing IT markets, China Combines HP strengths in the LAN edge with 3Com strengths in core switching, routing, and security Combined HP and 3Com solutions would further accelerate HP Converged Infrastructure for next generation data centers Combination Would Create an End-to-End Enterprise Networking Leader Best-in-class products based on open industry standards and innovative technology Broadens HP Networking capabilities adding core switching, routing, and security R&D design center with ~2,400 highly skilled engineers in China to fuel continued innovation and compelling TCO advantages Enhances the capabilities and global reach of the largest technology company in the world Enables HP to deliver a full spectrum of products from edge of the network to the heart of the data center

 21st century global operating model (design and R&D centralized in China) Industry leading solutions (switching, routing, security) with differentiated high-end core switching Proven enterprise deployments Over 300 of the top 500 enterprises in China Approximately 50% of revenue in China in FY09 3Com Quickly Established Leadership in China HP Networking Outpacing the Market Globally HP and 3Com – Unmatched Momentum in Networking Build upon industry standards and HP’s extensive market reach Fastest growing Networking vendor since 2005 (Dell’Oro Group data) Price performance leadership Ecosystem support through ProCurve ONE alliance base 2005 = 100% HP Networking Market 3Com China Revenue ($M) ‘04-’09: 66% CAGR $ 32% Market Share(1) 1. Source IDC, 1h ’09 Enterprise switching market share in China Source Dell’Oro Group date 2005-2008 80% 130% 180% 230% 2005 2006 2007 2008 0 200 400 600 800 FY04 FY05 FY06 FY07 FY08 FY09

HP Networking – Leadership in Edge Data Center Core Edge Security Management SMB Wireless Campus Virtual Connect Edge Firewall Network Node Manager Operations Center Ops. Automation & Orchestration

Data Center Core Edge Security Management SMB Wireless Campus Edge Routing Enterprise Core Routing Aggregation Threat Management Enterprise Core Virtual Connect Edge End of Row Data Center Core Edge Firewall Data Center Intrusion Prevention Campus Core Intelligent Management Center Network Node Manager Operations Center Ops. Automation & Orchestration HP + 3Com – Leadership from Edge to Data Center Core

New product family introduced May, 2009 World’s most scalable and highest performing data center switch Leverages a common operating system and open architecture Unified management Double the performance 2x the density of competitive switches Uses 1/3 less energy Lower total cost of ownership Data Center Core Switch S12500 3Com: Technology Innovation and Leadership

3Com Brings Strength in High-End Data Center Switching 3Com’s Product Leadership Validated by Industry Experts... “3Com has a product line, when you look at these announcements, that is as broad and robust as anyone out there, including Cisco. I think [Intelligent Management Center] is a unique differentiator. Network management hasn't been the core priority of most network equipment vendors. Even Cisco, with Cisco Works – the development of it tends to be pretty fragmented.” Zeus Kerravala,Yankee Group in TechTarget May 12, 2009 “3Com hopes to win enterprise networking customers with global H3C push” “The introduction of H3C products will add a very interesting dimension to the market... 3Com now has a range of marquee clients won against top-notch vendors.” Chris Bernard, IDC, May 25, 2009 “3Com Moves Back Into Enterprise Business: Watch This Space” “3Com has a completely rejuvenated product offering from workgroup switching and WLAN through to high-capacity core switches.” Gartner Inc., April 30, 2009 “Magic Quadrant for Enterprise LAN (Global)” Over 300 of the Top 500 Enterprises in China The 4th and 5th largest banks in the world ~70% of the government networks in China The world’s 8th busiest airport ...and Adopted by Leading Global Enterprises

“We are confident that we can run our entire global business of 300,000-plus employees, including our next generation data centers, entirely on the new HP networking solutions. Based on our experience and extensive testing of 3Com’s products, we are planning to undertake a global rollout within HP as soon as possible after the completion of the acquisition.” Randy Mott – HP EVP and Chief Information Officer HP IT & Enterprise Services Extensively Tested 3Com Products

Tomorrow’s Business will be built on a Converged Infrastructure Networking Internal Storage Management Software Servers Power & cooling Converged infrastructure +

Conclusion Transforms enterprise networking Provides comprehensive solution in networking from the edge to the heart of the data center Couples 3Com’s Next Generation enterprise products with HP’s global distribution and services Adds a leading network security portfolio Accelerates HP’s Converged Infrastructure strategy Offers customers a compelling value proposition Network simplification Unique and innovative edge to core network fabric Best in class price-performance

Q&A

Supplemental Slides

3Com Overview Founded in 1979; 80+ locations; 30+ countries 5,800 employees worldwide; ~2,400 engineers 2,440 worldwide patents 1,400+ U.S. patents ~550 Chinese patents 1,800+ worldwide applications pending China Hangzhou WW HQ Marlboro 1982 First Ethernet adapter shipped 1988 Acquires Bridge Communications 1995 CoreBuilder® launched 1992 First to demonstrate 100Mbps Ethernet 2003 H3C joint venture launched 2009 H3C brand/products launched outside of China 2006 H3C revenues >$500M 1982 1984 1988 1989 1992 1994 1995 2003 2004 2006 2008 2009 1984 IPO 1989 1,000,0000 adapter shipped 1994 SuperStack® launched 2004 Acquires TippingPoint 2008 3Com launches China out strategy

3Com: Winning Big in China Annual revenue of approximately $700 million Leading market share in stackable switches(1), routers(1), IP storage(2) Expanding set of end-to-end products/solutions Vertical market penetration (enterprise network)(2) Power/Energy: over 80% of dispatch network market; 30% of comms./information market Government: 60% of market Education: 40% of market Banking & Finance: 20%+ of market Focus on new solutions in high-growth markets IP Video Surveillance Security Bank of China SINOPEC Source: (1) IDC APR Tracker 6/08 (2) IDC PRC provincial external disk data, 3/08

Manufacturing Telecom Utilities Media / Internet 3Com’s H3C is Proven in China with Some of the World’s Largest Enterprises Transportation Education Finance Government

Manufacturing Telecomm Utilities Transportation Education Finance Government 3Com’s Success in China brought to Rest-of-the-World Bring products and solutions developed, tested and implemented in China to the rest of the world Target key value-oriented verticals; go “vertical-by-vertical” Focus on enterprise opportunities through direct-touch sales

FY07 FY08 FY09 3Com Consolidated Revenue Trends ($M) $1,267 $1,295 $1,317 TP : Tipping Point, NAM : North America, LAT : Latin America, EMEA : Europe Middle East & Africa, APR: Asia Pacific (excluding China) NAM 14.3% LAT 5.2% EMEA 18.8% APR 4.7% China 49.8% TP 7.1% NAM 8.9% LAT 6.5% APR 5.3% EMEA 15.1% TP 9.5% China 55.3% NAM 10.6% LAT 6.3% TP 8.0% EMEA 19.9% APR 5.5% China 50.0%

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