Baker Hughes Announces Conference Call

HOUSTON, Jan. 2 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) announced today that it has scheduled a conference call on Thursday, February 15, 2007 at 8:30 a.m. eastern, 7:30 a.m. central. During the conference call, the company intends to discuss results for the fourth quarter of 2006, ending December 31, 2006. The results are expected to be released on Thursday, February 15, 2007, 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 Thursday, March 1, 2007. The number for the replay is 800-642-1687 in the United States, or 706-645-9291 for international calls, and the access code is 4971179. 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