Baker Hughes Declares Regular Quarterly Dividend

HOUSTON, April 24 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 16, 2008, to holders of record May 5, 2008.

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

     Contact:                                   Baker Hughes Incorporated
     Gary R. Flaharty (713) 439-8039            P.O. Box 4740
     H. Gene Shiels (713) 439-8822              Houston, Texas 77210-4740
SOURCE  Baker Hughes Incorporated
    -0-                             04/24/2008
    /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 /
    (BHI)

CO:  Baker Hughes Incorporated
ST:  Texas
IN:  OIL
SU:  DIV

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1352 04/24/2008 14:30 EDT http://www.prnewswire.com