Baker Hughes to Present at Lehman Brothers CEO Energy/Power Conference

HOUSTON, Sep 7, 2004 /PRNewswire-FirstCall via COMTEX/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that James R. (Rod) Clark, Baker Hughes' president and chief operating officer, will present at the Lehman Brothers CEO Energy/Power Conference in New York City, New York on Thursday, September 9, 2004 at 9:00 a.m., eastern daylight time. A copy of Mr. Clark's presentation will be available at http://www.bakerhughes.com/investor/resources/presentations.htm within 24 hours of the presentation.

If you would like to listen to Mr. Clark's presentation during the conference, please log on to the following website: http://www.bakerhughes.com/investor/resources/presentations.htm . If you would like to listen to a replay of the presentation, it will be available immediately after the live broadcast and archived through Thursday, September 16, 2004 at 6:00 p.m., eastern daylight time. Use the same website address above to access the replay.

Forward-Looking Statements

The presentation referenced in this news release and any oral statements made in connection with the presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934 as amended. Additional information and risk factors are contained in our Form 10-K for the fiscal year ended December 31, 2003 and other filings with the SEC about the risks and uncertainties that could cause actual results to be different than those in our presentation. The company's SEC filings can be viewed at http://www.bakerhughes.com . The company assumes no responsibility to update any of the information referenced in this news release.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

                     NOT INTENDED FOR BENEFICIAL HOLDERS

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

SOURCE Baker Hughes Incorporated

Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels,
+1-713-439-8822, both of Baker Hughes Incorporated
http://www.bakerhughes.com