Baker Hughes Declares Regular Quarterly Dividend

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Thu Oct 23, 2008 12:58pm EDT 

HOUSTON, Oct. 23 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI)
chairman, president and chief executive officer, Chad C. Deaton, announced
today that the Baker Hughes Board declared the regular quarterly cash dividend
of $0.15 per share of common stock payable November 14, 2008, to holders of
record November 3, 2008.
    Baker Hughes provides reservoir consulting, drilling, formation
evaluation, completion and production products and services to the worldwide
oil and gas industry.
     Contact:
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
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