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2003 Corporate Report
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To receive paper copies of the annual report, proxy statement, Form 10-K, earnings announcements and other financial information, people in the United States and Canada should call our toll-free number: (877) 942-4200. People from outside the United States and Canada should call (402) 573-9919. You can also access financial information at Agilent’s Investor Relations Web site. The address is http://www.investor.agilent.com.

Corporate governance, business conduct and ethics

Agilent’s corporate governance guidelines, the charters of our Audit and Finance Committee, Compensation Committee and Nominating/Corporate Governance Committee, as well as Agilent’s Standards of Business Conduct, are available on the Investor Relations Web site at http://www.investor.agilent.com. You can also request a hard copy of any of this information by contacting (877) 942-4200 (in the United States or Canada) or (402) 573-9919 (outside the United States and Canada).

Transfer agent and registrar

Please contact our transfer agent, at the phone number or address listed below, with any questions about stock certificates, transfer of ownership or other matters pertaining to your stock account.

Computershare Investor Services
P.O. Box A3504
Chicago, IL 60690-3504
United States

If calling from anywhere within the United States and Canada:
(877) 309-9856.

If calling from outside the United States and Canada:
(312) 588-4672.

The e-mail address for general shareholder inquiries for Computershare is: web.queries@computershare.com.

Investor Contact
Agilent Technologies, Inc.
Investor Relations Department
395 Page Mill Road
Palo Alto, CA 94306

You can also contact the Investor Relations Department via e-mail at the Agilent Investor Relations Web site at http://www.investor.agilent.com. Click “Phone or Email” in the “Contact IR” box to send a message.

Agilent Headquarters
Agilent Technologies, Inc.
395 Page Mill Road
Palo Alto, CA 94306
Phone: (650) 752-5000

Common Stock

Agilent is listed on the New York Stock Exchange and our ticker symbol is “A.” There were approximately 67,128 registered shareholders as of November 28, 2003. Since we plan to retain future earnings to maximize the growth and development of our company, we do not anticipate paying cash dividends in the foreseeable future. We do not currently offer direct purchase of Agilent shares from the company or a dividend re-investment plan (DRIP).

The following tables summarize the high and low stock prices by period for Agilent’s common stock.
Fiscal 2002 High Low
First Quarter (ended January 31, 2002) $33.30 $22.06
Second Quarter (ended April 30, 2002) $38.00 $24.83
Third Quarter (ended July 31, 2002) $31.25 $16.00
Fourth Quarter (ended October 31, 2002) $18.88 $10.50

Fiscal 2003 High Low
First Quarter (ended January 31, 2003) $20.30 $13.19
Second Quarter (ended April 30, 2003) $16.82 $11.30
Third Quarter (ended July 31, 2003) $22.64 $15.48
Fourth Quarter (ended October 31, 2003) $26.48 $20.31

This Corporate Report, including the letter titled “To Our Shareholders,”contains forward-looking statements (including, without limitation, information regarding profitability, growth and the ability to grow profitably, completion and benefits of our operational transformations, strategic focus, revenue allocation, return on invested capital, Agilent’s presence in regional markets, the outlook for the general economy in the U.S. and in other regions and for the markets that Agilent serves, prospects for capital equipment purchases and the rate of technology adoption, and enhancements to online business) that involve risks and uncertainties that could cause results of Agilent to differ materially from management’s current expectations. These risks include the ability to execute successfully through business cycles while the company continues to implement workforce and other cost reductions; the ability to meet and achieve the benefits of its cost reduction goals and otherwise successfully adapt its cost structures to continuing changes in business conditions; ongoing competitive, pricing and gross margin pressures; the risk that our cost-cutting initiatives will impair our ability to develop products and remain competitive and to operate effectively; the impact of geopolitical uncertainties on our markets and our ability to conduct business; the successful implementation of Agilent’s ERP and other information systems and the ability to realize the benefits from these and other IT systems investments; the ability to improve asset performance to adapt to the current economic slowdown and other changes in demand; the ability to successfully introduce new products at the right time, price and mix and other risks detailed in Agilent’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended Oct. 31, 2003, as well as any subsequent filings.

The materials contained in this Corporate Report are as of January 14 2004, unless otherwise noted. The content of this Corporate Report contains time-sensitive information that is accurate only as of this date. If any portion of this Corporate Report is redistributed at a later date, Agilent will not be reviewing or updating the material in this presentation.

   
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