

FOR IMMEDIATE RELEASE               Contact:Guy T. Marcus
June 1, 1998                                Vice President-Investor Relations
                                            (214) 978-2691


                   HALLIBURTON RENOTIFIES EUROPEAN COMMISSION


         DALLAS, Texas -- Halliburton Company (NYSE:HAL) today announced that it
has renotified its proposed merger with Dresser  Industries,  Inc.  (NYSE:DI) to
the European Commission.  Halliburton's  original notification was incomplete in
certain  respects.  Halliburton has now supplied all of the information thus far
requested by the European  Commission.  As a consequence of the  renotification,
the initial one month review period provided for under the European Commission's
merger regulations will now expire on July 2, 1998.

         Halliburton  Company is one of the world's largest  diversified  energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton  provides a broad range of energy services and products,  industrial
and marine engineering and construction services.

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