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Halliburton to Issue $2 Billion of Senior Notes

HOUSTON--(BUSINESS WIRE)--Mar. 10, 2009-- Halliburton (NYSE:HAL) announced today the pricing of an offering of $2 billion in an aggregate principal amount of senior notes. The notes are being issued in two tranches – $1 billion of 10½-year notes bearing interest at a fixed rate of 6.15% per year and maturing on September 15, 2019, and $1 billion of 30½-year notes bearing interest at a fixed rate of 7.45% per year and maturing on September 15, 2039. The offering is expected to close on March 13, 2009.

The proceeds of this offering will be used for general corporate purposes.

About Halliburton

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 55,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company’s Web site at www.halliburton.com.

Source: Halliburton

Halliburton, Houston
Diana Gabriel, +1-713-759-2608
Senior Manager, Public Relations
diana.gabriel@halliburton.com