Baker Hughes to Present at the 2009 RBC Capital Markets Global Energy and Power Conference

HOUSTON, May 28 /PRNewswire/ — Baker Hughes Incorporated (NYSE: BHI) announced today that Chad Deaton, President, Chairman and Chief Executive Officer, will be a panelist at the 2009 RBC Capital Markets Global Energy and Power Conference in New York, NY, on June 2, 2009, at 10:50 a.m. eastern time. The panel on which Mr. Deaton will participate is the Global Exploration: Trends, Opportunities and Challenges panel.

If you would like to listen to the panel during the conference, please log on to the following website: http://investor.shareholder.com/bhi/events.cfm. If you would like to listen to a replay of the panel, it will be available within 24 hours of the live presentation and will remain available through June 16, 2009. Use the same website address above to access the replay.

Forward-Looking Statements

The presentation referenced in this news release and any oral statements made in connection with the presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934 as amended. Additional information and risk factors are contained in our Form 10-K for the fiscal year ended December 31, 2008 and other filings with the SEC about the risks and uncertainties that could cause actual results to be different than those in our presentation. The company’s SEC filings can be viewed at www.bakerhughes.com. The company assumes no responsibility to update any of the information referenced in this news release.

Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

NOT INTENDED FOR BENEFICIAL HOLDERS

    Contacts:
    Gary R. Flaharty (713) 439-8039
    H. Gene Shiels (713) 439-8822

SOURCE Baker Hughes Incorporated