Press Release

HOUSTON, July 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- Halliburton (NYSE: HAL) announced that its board of directors has declared a third quarter dividend of twelve and one-half cents ($.125) a share on the company's common stock payable September 23, 2005, to shareholders of record at the close of business on September 2, 2005.

Halliburton, founded in 1919, is one of the world's largest providers 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 KBR. The company's World Wide Web site can be accessed at www.halliburton.com .

SOURCE Halliburton

Evelyn Angelle, Investor Relations, +1-713-759-2688, or Cathy Gist-Mann, Public
Relations, +1-713-759-2605, both of Halliburton

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