Baker Hughes Declares Regular Quarterly DividendHOUSTON, Jul 24, 2002 -- Baker Hughes
Incorporated (NYSE: BHI; PCX; EBS) chairman, president and chief executive
officer, Michael E. Wiley, announced today that the Baker Hughes Board declared
the regular quarterly cash dividend of $.115 per share of common stock payable
August 23, 2002, to holders of record August 5, 2002.
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.
Gary R. Flaharty (713) 439-8039
Kyle J. Leak (713) 439-8042
SOURCE Baker Hughes Incorporated