HOUSTON, July 26 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) (NYSE:EBS) chairman and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable August 17, 2007, to holders of record August 6, 2007.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

    NOT INTENDED FOR BENEFICIAL HOLDERS.

    Contact:
    Gary R. Flaharty (713) 439-8039
    H. Gene Shiels (713) 439-8822

Source: Baker Hughes Incorporated