Baker Hughes Declares Regular Quarterly Dividend

HOUSTON, July 23 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.15 per share of common stock payable August 14, 2009, to holders of record on August 3, 2009.

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

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

SOURCE  Baker Hughes Incorporated

    -0-                           07/23/2009
    /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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8082 07/23/2009 11:20 EDT http://www.prnewswire.com