Halliburton Dividend Declaration and Shareholders' Meeting

HOUSTON, Feb. 16 /PRNewswire-FirstCall/ -- Halliburton (NYSE: HAL) announced today that its board of directors has declared a first quarter dividend of twelve and one-half cents ($.125) a share on the company's common stock payable March 24, 2005, to shareholders of record at the close of business on March 3, 2005. The company's annual meeting of shareholders is set for May 18, 2005 in Houston, Texas. The record date for determination of shareholders entitled to vote at such meeting is March 21, 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 and Engineering and Construction Groups. The company's World Wide Web site can be accessed at www.halliburton.com .

SOURCE  Halliburton
    -0-                             02/16/2005
    /CONTACT:  investor relations, Paul Koeller, +1-713-759-2688, or public
relations, Wendy Hall, +1-713-759-2605, both of Halliburton/
    /Web site:  http://www.halliburton.com /
    (HAL)

CO:  Halliburton
ST:  Texas
IN:  OIL
SU:  DIV

JS-CD
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4389 02/16/2005 16:56 EST http://www.prnewswire.com

Press Release

Halliburton Dividend Declaration and Shareholders' Meeting