Baker Hughes Declares Regular Quarterly Dividend

HOUSTON, Jan. 27, 2011 /PRNewswire/ -- 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 $0.15 per share of common stock payable February 18, 2011, to holders of record on February 7, 2011.

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

Contact:

Gary R. Flaharty, +1.713.439.8039, gflaharty@bakerhughes.com

Alexey A. Reznichenko, +1.713.439.8822, alexey.reznichenko@bakerhughes.com



SOURCE Baker Hughes Incorporated