Baker Hughes Announces Organizational Changes

HOUSTON--(BUSINESS WIRE)--Oct. 30, 2000--Baker Hughes Incorporated (NYSE:BHI)(PCX:BHI)(EBS:BHI) announced today that Andrew J. Szescila, senior vice president and president - oilfield operations, has been named chief operating officer of Baker Hughes Incorporated. He has served as president of Hughes Christensen, BJ Services International and Baker Service Tools as well as marketing vice president for various divisions. He joined Baker Oil Tools in 1973 as a region engineer. Mr. Szescila, 52, earned a B.S. degree from Mississippi State University.

The company also announced that Greg Nakanishi, 49, will join Baker Hughes as vice president, human resources on November 1, 2000. Mr. Nakanishi was founder and president of GN Resources, a management consulting firm specializing in improving organizational and personal performance. He has also held a variety of Human Resources positions with Tenneco and Amoco, including executive director of human resources for Tenngasco. Mr. Nakanishi received a B.A. degree in Psychology from California State University and a M.S. degree in Human Resources Management from Purdue University.

On November 8, 2000, Alan R. Crain, 49, will also join Baker Hughes as vice president and general counsel. Mr. Crain has broad experience as a corporate legal executive, having served as executive vice president, general counsel and secretary for Crown Cork & Seal Company, and as vice president and general counsel for Union Texas Petroleum. Mr. Crain has also held legal positions at Pennzoil and El Paso Energy. Mr. Crain received his J.D. and M.B.A. degrees from Syracuse University, in addition to M.S. and B.S. degrees in Management Engineering from Rensselaer Polytechnic Institute.

Michael E. Wiley, Baker Hughes chairman, president, and chief executive officer, commenting on the changes said, "Andy has excelled in each of his many roles at Baker Hughes over the years. I have no doubt he will continue to add a great deal of value to the organization in this expanded role. Additionally, I am very pleased that two individuals of the quality and experience of Greg and Alan will be joining our company."

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

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CONTACT: Baker Hughes Incorporated, Houston
Gary R. Flaharty, 713/439-8039
gary.flaharty@bakerhughes.com