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Compaq Slashes Prices on

Desktop, Notebook PCs

HOUSTON, April 19, 1999 - Compaq Computer Corporation (NYSE: CPQ) today announced price reductions on its Armada notebooks and Deskpro desktop PCs. Armada 1700, 3500 and 7400 notebook models were reduced up to 13 percent. Selected
models of Compaq's Deskpro EP and EN Series were reduced up to 12 percent.

"Today's pricing strategy underscores our commitment to offer commercial customers a broad range of award-winning mobile and desktop solutions with uncompromising quality and value," said Ed Ellett, Vice President of North America Marketing for PC Products, at Compaq.

Prices on the Armada 1700 Series now begin at $2,199(1) for a model with a Mobile Pentium II processor at 266 MHz, a 13.3-inch TFT (thin film transistor) screen and Microsoft Windows 95. Deskpro prices start as low as $1109 for an Deskpro EP Series model with an Intel Celeron processor at 400 MHz, 32 MB RAM, a
4.3 GB hard drive, Microsoft Windows 95 and an S700 17-inch
monitor. Prices are based on estimated U.S. selling prices. Reseller
prices may vary.

For complete product and pricing details, please visit Compaq's
website for Armada portables at
http://www.compaq.com/promos/portables.html and for Deskpro
PCs at http://www.compaq.com/products/desktops/promos.

Company Background

Compaq Computer Corporation, a Fortune Global 100 company, is
the second largest computer company in the world and the
largest global supplier of computer systems. Compaq develops
and markets hardware, software, solutions, and services,
including industry-leading enterprise computing solutions,
fault-tolerant business-critical solutions, networking and
communication products, commercial desktop and portable
products, and consumer PCs. The company is an industry leader in
environmentally friendly programs and business practices.

Compaq products are sold and supported in more than 100
countries through a network of authorized Compaq marketing
partners. Customer support and information about Compaq and
its products are available at http://www.compaq.com or by calling
1-800-OK-COMPAQ. Product information and reseller locations are
available by calling 1-800-345-1518.

Compaq Editorial Contact
Tom Rigoli
Vice President
Corporate Communications
(510) 226-2259


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