

FOR IMMEDIATE RELEASE               Contact: Guy T. Marcus
June 12, 1998                                V.P.-Investor Relations
                                             214-978-2691


                    HALLIBURTON RENOTIFICATION EFFECTIVE DATE


         DALLAS,  Texas  -  On  June  1,  1998  Halliburton  Company  (NYSE:HAL)
announced that it had renotified  its proposed  merger with Dresser  Industries,
Inc. (NYSE: DI) to the European Commission.  Following further contacts with the
Commission,  the renotification  became complete on June 3, 1998 with the result
that the  initial  one-month  review  period  provided  for under  the  European
Community's merger regulation will in principle expire on July 6, 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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                       The Exhibit Index Appears on Page 4
