Baker Hughes to Present at the Sanford Bernstein 24th Annual Strategic Decisions Conference

HOUSTON, May 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chief Executive Officer and Chairman of Baker Hughes, will present at the Sanford Bernstein 24th Annual Strategic Decisions Conference in New York, NY, on Wednesday, May 28, 2008 at 4:00 p.m. eastern time.

If you would like to listen to Mr. Deaton's presentation during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like to listen to a replay of the presentation, it will be available within 24 hours of the live presentation and will remain available through June 11, 2008. 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, 2007 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 provides reservoir consulting, 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
    -0-                             05/23/2008
    /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:  TDS CCA

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