Baker Hughes Declares Regular Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Oct. 25, 2000--Baker Hughes Incorporated (NYSE:BHI)(PCX:BHI)(EBS:BHI) President, Chairman and Chief Executive Officer, Michael E. Wiley, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable Nov. 24, 2000, to holders of record Nov. 6, 2000.

Baker Hughes is a leading supplier of reservoir-centered products, services and systems to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS.

--30--EB/ho*

CONTACT: Baker Hughes Incorporated, Houston
Gary R. Flaharty, 713/439-8039
gary.flaharty@bakerhughes.com
or
Kyle J. Leak, 713/439-8042
Kyle.leak@bakerhughes.com