Baker Hughes Announces Conference Call

HOUSTON--(BUSINESS WIRE)--Jan. 2, 2001--Baker Hughes Incorporated (NYSE:BHI)(PCX:BHI)(EBS:BHI) announced today that it has scheduled a conference call on Thursday, Feb. 15, 2001, at 10:00 A.M., eastern, 9:00 A.M., central. During the conference call, the company intends to discuss results for the quarter and year ending Dec. 31, 2000. The results are expected to be released on Thursday, Feb. 15, 2001, before the market opens.

To access the call, which is open to the public, please call the conference call operator at 630/395-0065, fifteen -- twenty minutes prior to the scheduled start time, and ask for the "Baker Hughes Conference Call." A replay will be available through Friday, Feb.23, 2001. The number for the replay is 402/220-2279.

The conference call and replay will be Web cast by CCBN. To access the Web cast, go to www.bakerhughes.com/investor and select "News Releases," then click on "Conference Calls." Investors can automatically receive Baker Hughes E-mail Alerts when news releases are posted to the company's Internet site. To subscribe, go to www.bakerhughes.com/investor and choose "News Releases" and then "E-Mail Alerts."

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--HM/ho*

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