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Press release from PR Newswire

Baker Hughes Declares Regular Quarterly Dividend

Thursday, January 27, 2011

Baker Hughes Declares Regular Quarterly Dividend14:07 EST Thursday, January 27, 2011HOUSTON, Jan. 27, 2011 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) chairman 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 February 18, 2011, to holders of record on February 7, 2011.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.comAlexey A. Reznichenko, +1.713.439.8822, alexey.reznichenko@bakerhughes.comSOURCE Baker Hughes IncorporatedFor further information: Gary R. Flaharty, +1-713-439-8039, gflaharty@bakerhughes.com, or Alexey A. Reznichenko, +1-713-439-8822, alexey.reznichenko@bakerhughes.com, both of Baker Hughes Incorporated