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Press release from PR Newswire

Baker Hughes Declares Regular Quarterly Dividend

Thursday, July 22, 2010

Baker Hughes Declares Regular Quarterly Dividend13:25 EDT Thursday, July 22, 2010HOUSTON, July 22 /PRNewswire-FirstCall/ -- 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 August 13, 2010, to holders of record on August 2, 2010.Baker Hughes provides reservoir consulting, drilling, pressure pumping, formation evaluation, completion and production products and services to the worldwide oil and gas industry.Contact:Gary R. Flaharty, +1.713.439.8039, gflaharty @ bakerhughes.comSOURCE Baker Hughes IncorporatedFor further information: Gary R. Flaharty of Baker Hughes Incorporated, +1-713-439-8039, gflaharty@bakerhughes.com