Baker Hughes Announces Conference Call

HOUSTON--(BUSINESS WIRE)--Sept. 29, 2000--Baker Hughes Incorporated (NYSE:BHI)(PCX:BHI)(EBS:BHI) announced today that it has scheduled a conference call on Monday, Oct. 30, 2000 at 10:00 a.m., EST, 9:00 a.m., CDT. During the conference call the company intends to discuss results for the quarter ended Sept. 30, 2000, which are expected to be released on Monday, Oct. 30, 2000, before the market opens.

To access the call, which is open to the public, please call the conference call operator at 630/395-0065, 15-20 minutes prior to the scheduled start time, and ask for the "Baker Hughes Conference Call." A replay will be available through Monday, Nov. 6, 2000. The number for the replay is 402/998-0879.

The conference call and replay will be Web cast by CCBN. To access the Web cast go to www.bakerhughes.com/investor and select "News Releases," then click on "Conference Calls." Investors can automatically receive Baker Hughes E-mail Alerts when news releases are posted to the company's Internet site. To subscribe, go to www.bakerhughes.com/investor and choose "News Releases" and then "E-Mail Alerts."

Baker Hughes is a leading supplier of reservoir-centered products, services and systems to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS

--30--HS/ho*

CONTACTS: Baker Hughes Incorporated, Houston

Gary R. Flaharty, 713/439-8039 gary.flaharty@bakerhughes.com or Kyle J. Leak, 713/439-8042 kyle.leak@bakerhughes.com