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Cedric Burgher Named Vice President of Investor Relations at Halliburton

DALLAS, Sep 26, 2001 /PRNewswire/ -- Halliburton (NYSE: HAL) announced today that Cedric Burgher, 41, has been named the company's vice president of investor relations. In this role, Burgher will oversee the company's communications and relationships with investors and analysts. The appointment is effective immediately, and he will be based in Halliburton's Houston office.

"Cedric Burgher brings a wealth of experience to Halliburton and his appointment underscores the importance of investor relations to the company and its leadership," said Doug Foshee, chief financial officer, Halliburton. "As vice president of investor relations, Cedric's primary responsibility will be ensuring that all investors and analysts have the information they need to accurately assess Halliburton's corporate strategy, financial performance and business opportunities."

Prior to joining Halliburton, Burgher, a 20-year finance veteran, served in various financial management positions with Enron Corporation from 1996 through 2001, including vice president of investor relations, vice president and chief financial officer for Enron Global E&P and vice president of finance/planning and treasurer for Enron Oil & Gas Company.

Previous to his association with Enron, Burgher was assistant treasurer with Baker Hughes Inc. His finance background also includes eight years in banking, primarily leading corporate finance activities with Fortune 500 companies.

Currently, Burgher serves as president of the board of directors for the Woodlands Christian Academy, a private K-12 school in the Woodlands, Texas. In addition, he is a member of the Houston Society of Financial Analysts. A chartered financial analyst, Burgher received his bachelor of business administration from the University of Texas at Austin and his masters of business administration from the University of Dallas.

Burgher will succeed Guy Marcus, 63, as vice president of investor relations. Marcus will remain as a corporate vice president of Halliburton and will continue to support investor relations initiatives.

Halliburton, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at www.halliburton.com .

SOURCE Halliburton Company

CONTACT: Wendy Hall of Halliburton Company, +1-713-676-5227, or wendy.hall@halliburton.com