Baker Hughes Incorporated on regional operating profit

Baker Hughes Incorporated on regional operating profit

Baker Hughes Incorporated announced that the company is providing corrected information for regional operating profit before tax for its Middle East Asia Pacific (MEAP) and Europe, Africa, Russia, Caspian (EARC) regions for the thirteen quarters from the quarter ending March 31, 2005 through the quarter ended March 31, 2008 and is identified on the attached schedules as “(Corrected)”. The original data was released on July 8, 2008.

The corrected disclosure reflects an increase in operating profit for the MEAP region which exactly offsets the decrease in operating profit for the EARC region in each quarter. There were no changes to any other previously disclosed information.

Baker Hughes provides reservoir consulting, drilling, formation evaluation,

completion and production products and services to the worldwide oil and gas

Contact: Gary R. Flaharty (713)439-8039

H. Gene Shiels (713)439-8822

Source: Baker Hughes Incorporated

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