<SUBMISSION>
<ACCESSION-NUMBER>0000950129-06-008480
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20060913
<ITEMS>1.01
<ITEMS>7.01
<ITEMS>9.01
<FILING-DATE>20060915
<DATE-OF-FILING-DATE-CHANGE>20060915
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>BAKER HUGHES INC
<CIK>0000808362
<ASSIGNED-SIC>3533
<IRS-NUMBER>760207995
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-09397
<FILM-NUMBER>061093096
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3900 ESSEX LANE
<CITY>HOUSTON
<STATE>TX
<ZIP>77027
<PHONE>7134398600
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>3900 ESSEX LAND
<CITY>HOUSTON
<STATE>TX
<ZIP>77210
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>h39685e8vk.htm
<DESCRIPTION>FORM 8-K - CURRENT REPORT
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
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<BODY bgcolor="#FFFFFF">
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<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>CURRENT REPORT</B></DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Pursuant to Section&nbsp;13 or 15(d) of The Securities Exchange Act of 1934</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Date of Report (Date of earliest event reported): September&nbsp;15, 2006 (September&nbsp;13, 2006)</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Baker Hughes Incorporated</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B><BR>
(State of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-9397</B><BR>
(Commission File No.)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>76-0207995</B><BR>
(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>3900 Essex Lane, Houston, Texas</B><BR>
(Address of Principal Executive Offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>77027</B><BR>
(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Registrant&#146;s telephone number, including area code: (713)&nbsp;439-8600</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 1pt; width: 50%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>(former name or former address, if changed since last report)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation
of the registrant under any of the following provisions:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

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    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On September&nbsp;15, 2006, Baker Hughes Incorporated (the &#147;Company&#148;) entered into an Indemnification
Agreement effective September&nbsp;10, 2006, with Gary G. Rich, the newly appointed Vice President of
the Company and President of the Company&#146;s Hughes Christensen division. The Indemnification
Agreement requires the Company to indemnify Mr.&nbsp;Rich against certain liabilities that may arise by
reason of his status or service as a Vice President of the Company, to advance his expenses
incurred as a result of a proceeding as to which he may be indemnified and to cover such person
under any directors&#146; and officers&#146; liability insurance policy the Company chooses to maintain. The
Indemnification Agreement is intended to provide indemnification rights to the fullest extent
permitted under applicable indemnification rights statutes in the State of Delaware and shall be in
addition to any rights Mr.&nbsp;Rich may have under the Company&#146;s Restated Certificate of Incorporation,
Bylaws and applicable law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Company and Mr.&nbsp;Rich also entered into a Change in Control Severance Agreement on September&nbsp;15,
2006, effective as of September&nbsp;10, 2006. The Change in Control Severance Agreement defines the
benefits Mr.&nbsp;Rich would receive in connection with certain change in control, or a potential change
in control, events coupled with their loss of employment. If eligible, Mr.&nbsp;Rich would receive
certain benefits, including a lump sum payment based on three times a salary and bonus formula,
continuation of health and insurance benefits for 36&nbsp;months, a payment for incentive and benefit
plans participation and a gross-up payment in respect of excise taxes.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The foregoing descriptions of the Indemnification Agreement and the Change in Control Agreement do
not purport to be complete and are qualified in their entirety by reference to the applicable
agreements, forms of which agreements were filed as exhibits to the Company&#146;s Form 10-K for the
year ended December&nbsp;31, 2003 and Form 10-Q for the quarter ended September&nbsp;30, 2004, respectively.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7.01 Regulation&nbsp;FD Disclosure.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On September&nbsp;13, 2006, the Company issued a news release announcing the organizational
appointments. A copy of the news release is being furnished with this Form 8-K as Exhibit&nbsp;99.1 and
incorporated into this Item&nbsp;7.01 by reference.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>News Release of Baker Hughes Incorporated dated
September&nbsp;13, 2006.</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">BAKER HUGHES INCORPORATED<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Dated:  September 15, 2006&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Sandra E. Alford
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Sandra E. Alford&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Corporate Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">99.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">News Release dated September&nbsp;13, 2006.</DIV></TD>
</TR>
<!-- End Table Body -->
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</DIV>



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<FILENAME>h39685exv99w1.htm
<DESCRIPTION>NEWS RELEASE
<TEXT>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;99.1
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="h39685h3968501.gif" alt="(BAKER HUGHES LOGO)"></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD colspan="3" valign="top" align="left"><IMG src="h39685h3968502.gif" alt="(NEWS RELEASE)"></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Contact:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Baker Hughes Incorporated</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Gary R. Flaharty (713)&nbsp;439-8039
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">P.O. Box 4740</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">H. Gene Shiels (713)&nbsp;439-8822
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Houston, Texas 77210-4740</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Baker Hughes Announces Organizational Changes</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Houston &#151; September&nbsp;13, 2006. Baker Hughes Incorporated (BHI &#151; NYSE; EBS) announced four
changes to its executive leadership team today. All changes are effective immediately.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Frank M. &#147;Mike&#148; Davis has been appointed President of Baker Hughes Russia, Inc. reporting to Rod
Clark, President and Chief Operating Officer. In this role Mr.&nbsp;Davis will have responsibilities
for all Baker Hughes operations in Russia.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">William P. &#147;Wil&#148; Faubel has been appointed Vice President, Enterprise Marketing for Baker Hughes
Oilfield Operations reporting to Doug Wall, Vice President and Group President, Baker Hughes
Completion and Production, and to David Barr, Vice President and Group President, Baker Hughes
Drilling and Evaluation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Paul S. Butero has been appointed President of Baker Atlas succeeding Mr.&nbsp;Faubel and will report to
David Barr.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Gary G. Rich has been appointed President of Hughes Christensen succeeding Mr.&nbsp;Butero and will
report to David Barr.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Commenting on the appointments Rod Clark, Baker Hughes President and Chief Operating Officer, said,
&#147;The appointment of Mike Davis as President of Baker Hughes Russia, Inc. is a critical step
supporting our enterprise strategy to aggressively grow and compete in Russia. Following a brief
transition period, all divisional operational units operating in Russia will report directly to
Mike and we will operate in Russia on an integrated basis.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We welcome Wil Faubel to his position as Vice President, Enterprise Marketing. Wil is uniquely
qualified for this very important role, having served as President of Centrilift and Baker Atlas
after a long career at Hughes Christensen. The enterprise marketing role will enable us to more
effectively develop enterprise strategies for key markets around
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">the world, expand our brand, target growth opportunities with specific customers, and integrate our
global growth opportunities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;Paul Butero is a seasoned veteran whose leadership and vision have helped drive results at Hughes
Christensen. He is well qualified to lead Baker Atlas as it continues to grow.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Clark concluded, &#147;Gary Rich has worked for Baker Hughes for 19&nbsp;years in both INTEQ and Hughes
Christensen, serving in a variety of operations, marketing and strategic roles. While at HCC, Gary
was an instrumental member of the Diamond Strategy team that laid the framework for our current
success in that product line.&#148;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><I>Biographies</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Paul S. Butero (49)&nbsp;served as President of Hughes Christensen since February&nbsp;2005. Mr.&nbsp;Butero
joined Baker Hughes in 1981 and has served 25&nbsp;years in a number of operations roles in the United
States and the Eastern Hemisphere before becoming Vice President of Marketing for Hughes
Christensen in 2000. He earned his Bachelor of Science degree from the University of
Colorado-Boulder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">William P. &#147;Wil&#148; Faubel (51)&nbsp;served as President of Baker Atlas since November&nbsp;2005. Mr.&nbsp;Faubel
joined Baker Hughes as a field engineer for Hughes Tool Company in 1977 and has held a variety of
sales and management positions in both domestic and international regions, including President of
Centrilift and Vice President of Marketing for Hughes Christensen. He received his Bachelor of
Science Degree in Mechanical Engineering from Southern Methodist University.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Gary G. Rich (47)&nbsp;served as Vice President Marketing Drilling and Evaluation for INTEQ since
February&nbsp;2005. Mr.&nbsp;Rich joined INTEQ as a Senior Financial Analyst in 1987 and served in a number
of marketing and operations positions including Product Manager, Marketing Director &#151; INTEQ
Drilling Systems, INTEQ Region Manager, and Marketing Director for Hughes Christensen. Gary
received his Bachelor of Science in Accounting from Brigham Young University and his Master of
Science degree in Science and Technology Commercialization from the University of Texas.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Frank M. &#147;Mike&#148; Davis (51)&nbsp;served as Vice President Marketing for Hughes Christensen since February
2005. Mr.&nbsp;Davis joined Hughes Tool Company in 1976 and has held a variety of positions in Baker
Hughes including Vice President, New Business Development for Hughes Christensen, Vice President
and General Manager &#151; Baker Hughes Mining Tools and Vice President, Human Resources for Baker
Process. Mike&#146;s career has included 12&nbsp;years spent in management positions in the Middle East and
Asia Pacific with Hughes Christensen.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B><I>Forward-Looking Statements</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This news release (and oral statements made regarding the subjects of this release) contain
forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act of 1933, as
amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended, (each a
&#147;Forward&#151;Looking Statement&#148;). The word &#147;will,&#148; and similar expressions, and the negative thereof,
are intended to identify forward&#151;looking
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">statements. These forward-looking-statements are also affected by the risk factors described in
the company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2005 and those set forth
from time to time in our filings with the Securities and Exchange Commission. The documents are
available through the company&#146;s web site or through the SEC&#146;s Electronic Data Gathering and
Analysis Retrieval System (EDGAR)&nbsp;at http://www.sec.gov. We undertake no obligation to publicly
update or revise any forward&#151;looking statement.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Baker Hughes is a leading provider of<BR>
drilling, formation evaluation, completion and production<BR>
products and services to the worldwide oil and gas industry.
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">****

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">NOT INTENDED FOR BENEFICIAL HOLDERS

</DIV>


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