HOUSTON, April 24 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI; EBS) chairman, president and chief executive officer, Chad C. Deaton, announced today that the Baker Hughes Board declared the regular quarterly cash dividend of $0.13 per share of common stock payable May 16, 2008, to holders of record May 5, 2008. Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry. Contact: Baker Hughes Incorporated Gary R. Flaharty (713) 439-8039 P.O. Box 4740 H. Gene Shiels (713) 439-8822 Houston, Texas 77210-4740 DATASOURCE: Baker Hughes Incorporated CONTACT: Gary R. Flaharty, +1-713-439-8039, or H. Gene Shiels, +1-713-439-8822, both of Baker Hughes Incorporated Web site: http://www.bakerhughes.com/

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