Baker Hughes Announces Conference Call

HOUSTON, March 17 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Wednesday, April 26, 2006 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 2006, ending March 31, 2006. The results are expected to be released on Wednesday, April 26, 2006, before the market opens.

To access the call, which is open to the public, please call the conference call operator at 800-374-2469, or 706-634-7270 for international calls, 20 minutes prior to the scheduled start time and ask for the "Baker Hughes Conference Call". A replay of the call will be available through Wednesday, May 10, 2006. The number for the replay is 706-645-9291, the access code is 6774291. The conference call and replay will be webcast by Thomson/CCBN. To access the webcast, go to http://www.bakerhughes.com/investor and select "News Releases", then click on "Conference Calls". Investors can automatically receive e-mail alerts when news releases are posted to the company's internet site. To subscribe, go to http://www.bakerhughes.com/investor and choose "News Releases", then choose "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
H. Gene Shiels (713) 439-8822

SOURCE: Baker Hughes Incorporated

CONTACT: Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels,
+1-713-439-8822, both of Baker Hughes Incorporated
Web site: http://www.bakerhughes.com
http://www.bakerhughes.com/investor