"Agilent provides innovative products and technologies and operates with the highest ethical standards. We value our recognition by the investment community as both a market leader and a leader in social and environmental responsibility." Adrian Dillon, Executive Vice President and Chief Financial Officer

Transparent and open
Scandals in international corporations over the past several years have made the clear, complete disclosure of financial information more important than ever. Agilent's value of uncompromising integrity is key to our open and transparent disclosure of financial information. We encourage regular communication with investors and other stakeholders on our financial performance.

This Environment and Social Responsibility Report is one element of our overall 2003 reporting strategy, which also includes the Notice of 2004 Annual Meeting and Proxy Statement, the 2003 Annual Report, the Report on Form 10-K and the 2003 Corporate Report. For information about Agilent's corporate structure and financial performance please go to:

• Notice of 2004 Annual Meeting and Proxy Statement
• 2003 Annual Report to Stockholders
• 2003 Report on Form 10-K
• Agilent's Corporate Report 2003

Net revenue (million US$) (based on location of customer)

	US	Japan	Rest of world	Total
Year ended 10/31/2003	2203	657	3196	6056
Year ended 10/31/2002	2355	597	3058	6010
Year ended 10/31/2001	3373	1083	3940	8396

	2003	2002	% change
Net revenue	6056	6010	1
Loss from operations (GAAP basis)	(725)	(1607)	55
Non-GAAP adjustments: Restructuring expenses	372	474	(22)
Goodwill and intangibles amortization and other	64	378	(83)
Loss from operations (non-GAAP basis)	(289)	(755)	62

Highlights
Some economic performance highlights during 2003 were:

• Agilent was named "Best in Class" by Storebrand Investments for our social and environmental performance
• For the third year in a row Agilent was chosen to be listed on the Dow Jones Sustainability World Index and the FTSE4Good (Financial Times Stock Exchange) Global and US Indices
• Agilent was included in the Calvert Social Index and the Ethibel Sustainability Index
• Agilent stock was included in mutual funds committed to environmental sustainability, including such funds as Portfolio 21.

Each of these indices tracks sustainability-driven companies selected according to strict criteria.

Independent assessment
Several socially responsible investment (SRI) funds have provided the following comments regarding Agilent.

"Calvert applauds Agilent Technologies' commitment to transparency. Agilent's annual Environmental and Social Responsibility Report, based on Global Reporting Initiative's guidelines, demonstrates the company's attention to sustainability. Moreover, the company's willingness to dialog with stakeholders on these critical issues shows a keen dedication to good governance."
Jennifer Kay Woofter, Calvert Social Research Associate

"Storebrand lauds the dedication Agilent has demonstrated in its environmental practices, most especially for establishing targets and its approach to communicating its environmental work. Agilent ranks among the top performers in all of Storebrand's social responsibility indicators, in fact receiving the best overall score on social performance. Storebrand acclaims Agilent's social responsibility practices."
Hege Haugen, Socially Responsible Investments Analyst, Storebrand

"FTSE Group is pleased to confirm that Agilent Technologies has been independently assessed according to the FTSE4Good criteria and has satisfied the requirements to become a member of the FTSE4Good Index Series. Created by the independent financial index company FTSE Group, FTSE4Good is a financial index series that is designed to identify companies that meet globally recognised corporate responsibility standards."
FTSE Group