Baker Hughes Declares Regular Quarterly Dividend

HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $.115 per share of common stock payable August 19, 2005, to holders of record August 8, 2005.

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.

Contact:
Gary R. Flaharty (713) 439-8039
H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated