Baker Hughes Announces Conference Call

HOUSTON, March 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that it has scheduled a conference call on Tuesday, April 27, 2004 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the first quarter of 2004, ending March 31, 2004. The results are expected to be released on Tuesday, April 27, 2004, before the market opens.

To access the call, which is open to the public, please call the conference call operator at 800-374-2469, 20 minutes prior to the scheduled start time and ask for the "Baker Hughes Conference Call." A replay will be available through Tuesday, May 11, 2004. The number for the replay is 706-645-9291, the access code is: 6273374. The conference call and replay will be webcast by CCBN. To access the webcast, 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 provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS

Contacts:
Gary R. Flaharty (713) 439-8039
Kyle J. Leak (713) 439-8042

SOURCE Baker Hughes Incorporated

CONTACT: Gary R. Flaharty, +1-713-439-8039, or Kyle J. Leak,
+1-713-439-8042, both of Baker Hughes Incorporated
Web site: http://www.bakerhughes.com
http://www.bakerhughes.com/investor