Halliburton Announces First Quarter Income From Continuing Operations of $0.67 Per Diluted Share, Excluding a Charge Related to

  Halliburton Announces First Quarter Income From Continuing Operations of
  $0.67 Per Diluted Share, Excluding a Charge Related to the Macondo Well
  Incident

Business Wire

HOUSTON -- April 22, 2013

Halliburton (NYSE:HAL) announced today that income from continuing operations
for the first quarter of 2013 was $624 million, or $0.67 per diluted share,
excluding a $637 million charge, after-tax, or $0.68 per diluted share, to
increase a reserve related to the Macondo litigation. Income from continuing
operations for the first quarter of 2012 was $826 million, or $0.89 per
diluted share, excluding a $191 million charge, after-tax, or $0.20 per
diluted share, for a reserve related to the Macondo litigation.

Reported loss from continuing operations for the first quarter of 2013 was $13
million, or $0.01 per diluted share. Reported income from continuing
operations for the first quarter of 2012 was $635 million, or $0.69 per
diluted share.

Halliburton's total revenue in the first quarter of 2013 was $7.0 billion,
compared to $6.9 billion in the first quarter of 2012. Operating income,
adjusted for the Macondo charge, was $902 million in the first quarter of
2013, compared to $1.3 billion in the first quarter of 2012. Reported
operating loss was $98 million for the first quarter of 2013, compared to
reported operating income of $1.0 billion in the first quarter of 2012.

“I am pleased with our operational results, as total company revenue of $7.0
billion represents a record Halliburton first quarter,” commented Dave Lesar,
chairman, president and chief executive officer. “The rig count decline and
pricing headwinds in North America were more than offset by our expanding
international business.

“From a product line perspective, our Sperry Drilling, Multi-Chem, and Baroid
product lines achieved record quarterly revenues, with Baroid and Drill Bits
setting quarterly operating income records.

“In North America, sequential revenue was down 1% and operating income
increased 30%, compared to a 3% decline in the United States rig count.
Margins improved approximately 400 basis points as we began to benefit from
lower cost guar, increased customer activity, internal cost efficiencies, and
higher service intensity. For these reasons, we expect margins to continue to
expand over the course of the year, and we believe we may see modest pricing
increases as customers adopt new technology to improve well production.

“We also saw activity levels benefit from shifts to pad well activity and
improved utilization around 24-hour operations. We believe that modest rig
count improvements, coupled with a continued drive towards efficiency, will
bode very well for us in the coming years, as no other company has the ability
to execute factory-type operations as well as Halliburton.

“Our international revenue grew by 21% compared to the first quarter of 2012.
Compared to our two primary competitors, we have delivered industry-leading
year-over-year international growth for the last four quarters. In addition,
the Eastern Hemisphere grew operating income by an outstanding 39% relative to
the first quarter of 2012.

“Middle East/Asia revenue and operating income increased 25% and 51%,
respectively, compared to the prior year first quarter. This significant
improvement was led by growth in the Australia, China, and Saudi Arabia
markets.

“In Europe/Africa/CIS, we saw revenue increase 17% and operating income
increase 25% relative to the first quarter of 2012, driven by higher activity
levels in the North Sea, Eurasia, Nigeria, and Central Africa markets.

“Latin America revenue was up 21% but operating income was down 11%, compared
to the first quarter of 2012. Results were impacted in the quarter by several
one-time items, including severance costs in Argentina, mobilization costs on
new contracts in Brazil, and a reduction in the rig count on our Mexico
projects as we wait on contracts to be retendered. We expect margins to
improve moderately in the second quarter, and average in the upper teens for
the second half of the year.

“For the full year, we continue to expect total international revenue growth
in the low teens relative to 2012, and expect full year international margins
to average in the upper teens.

“We continue to focus on strengthening our global position in the deepwater,
unconventional, and mature fields markets, and we will be relentlessly focused
on returns.

“With respect to the ongoing Multi-District Litigation trial regarding the
Macondo well incident, we have recently participated in court-facilitated
settlement discussions with the goal of resolving a substantial portion of
private claims. We are pursuing these settlement discussions because we
believe that an early and reasonably-valued resolution is in the best
interests of our shareholders.

“Our most recent offer includes both stock and cash, with the cash components
payable over an extended period of time. Discussions are at an advanced stage
but have not yet resulted in a settlement. As a result, during the first
quarter we recorded an after-tax charge of $637 million which, when added to
the $191 million after-tax charge recorded in the first quarter of 2012, is
based on where we are in the negotiations at the present time. Our reserve
estimate also does not include any potential insurance recovery,” concluded
Lesar.

2013 First Quarter Results

Completion and Production

Completion and Production (C&P) revenue in the first quarter of 2013 was $4.1
billion, a decrease of $190 million, or 4%, from the first quarter of 2012.
Lower demand for stimulation activities in the United States land market drove
the decline, as pricing pressures, and reduced operator activities continued
to affect the market.

C&P operating income in the first quarter of 2013 declined $421 million from
the first quarter of 2012. North America C&P operating income decreased $439
million compared to the first quarter of 2012, primarily due to lower demand
and pricing pressure associated with production enhancement services. Latin
America C&P operating income decreased by $27 million compared to the first
quarter of 2012, as higher costs related to cementing throughout the region
and Boots & Coots in Mexico impacted profitability. Europe/Africa/CIS C&P
operating income increased $7 million, or 12%, from the first quarter of 2012,
driven by increased completion tools activity in Angola and the United
Kingdom, which was partially offset by decreased Boots & Coots services in
Congo and Libya. Middle East/Asia C&P operating income increased $38 million,
or 72%, compared to the first quarter of 2012, as a result of higher activity
in most product lines in Australia and Saudi Arabia, increased completion
tools activity in Malaysia, and improved cementing activity in Indonesia.

Drilling and Evaluation

Drilling and Evaluation (D&E) revenue in the first quarter of 2013 was $2.9
billion, an increase of $296 million, or 11%, from the first quarter of 2012,
as higher drilling activities in our international regions more than offset
the decline in North America.

D&E operating income in the first quarter of 2013 was $407 million, an
increase of $39 million, or 11%, from the first quarter of 2012. North America
D&E operating income declined $17 million, or 9%, from the first quarter of
2012, due to lower demand for drilling and wireline services in the United
States land market, which was partially offset by the recovery of deepwater
activities in the Gulf of Mexico. Latin America D&E operating income increased
$14 million, or 21%, from the first quarter of 2012, as pricing for Baroid
improved in Brazil and demand for drilling services increased in Mexico,
partially offset by mobilization costs for expanding offshore activities in
Brazil. Europe/Africa/CIS D&E operating income rose $17 million, or 43%, from
the first quarter of 2012, due to improved demand for drilling services in
Azerbaijan and Russia and increased Baroid sales in Norway and Angola. Middle
East/Asia D&E operating income increased $25 million, or 35%, from the first
quarter of 2012 as a result of higher demand for drilling services throughout
the region and increased wireline activity in Saudi Arabia, China, and
Malaysia.

Corporate and Other

During the first quarter of 2013, Halliburton's income from continuing
operations was positively impacted by approximately $50 million in federal tax
benefits. Also in the quarter, Halliburton invested an additional $37 million,
pre-tax, in strategic projects aimed at strengthening Halliburton's North
America service delivery model and repositioning technology, supply chain, and
manufacturing infrastructure to support projected international growth.
Halliburton expects to continue funding this effort throughout 2013.

In February, Halliburton's Board of Directors approved an increase in the
quarterly dividend from $0.09 to $0.125 per share. Furthermore, Halliburton
repurchased 1.2 million shares of common stock during the first quarter at a
total cost of approximately $50 million. Since the inception of the stock
repurchase program in February 2006, Halliburton has purchased 97 million
shares at a total cost of approximately $3.3 billion. Approximately $1.7
billion of repurchases remain authorized under the program, and Halliburton
anticipates additional purchases under the program during the second quarter.

Significant Recent Events and Achievements

  *Halliburton opened its newly constructed Completion Technology and
    Manufacturing Center in Singapore, which significantly expands the
    company's Completion Tools technology and manufacturing capacity.This
    additional capability will allow Halliburton to continue to deliver
    high-quality products to a broad and growing customer base in the Eastern
    Hemisphere.
  *Halliburton named José C. Grubisich to the company's board of directors.
    He will serve on the Audit and the Health, Safety and Environment
    committees.The appointment was effective March 20, and Mr. Grubisich will
    stand for election at the annual meeting in May 2013.
  *Halliburton was awarded multi-year contracts to provide high-technology
    drilling and integrated testing services in both pre-salt and post-salt
    formations in offshore Brazil. These contracts are for a four-year base
    term, with the possibility for extensions up to another four years, and
    have a potential estimated combined value of more than $2.0 billion.
  *Halliburton was selected by Statoil to provide multilateral technology for
    two offshore mature fields in Norway. The frame agreement includes a three
    year base term plus two optional extensions of two years each and has a
    potential estimated value of more than $200 million.
  *Halliburton unveiled its Foray^SM microseismic fracture matching analysis
    service as a real-time application. A component of the company's
    Knoesis^SM service, the Foray service provides a new method of fracture
    diagnostics that uses microseismic event data as it is generated in real
    time to develop an image of the fracture network being created in the
    formation.

Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With more than 73,000 employees,
representing 140 nationalities in approximately 80 countries, the company
serves the upstream oil and gas industry throughout the lifecycle 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
website at www.halliburton.com.

NOTE: The statements in this press release that are not historical statements,
including statements regarding future financial performance, are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties, many of
which are beyond the company's control, which could cause actual results to
differ materially from the results expressed or implied by the statements.
These risks and uncertainties include, but are not limited to: results of
litigation, settlements, and investigations; actions by third parties,
including governmental agencies; there can be no assurance that a settlement
relating to the Macondo multi-district litigation will be reached at the
amounts discussed herein or at all; such settlement discussions do not cover
all possible parties and claims relating to the Macondo incident, and there
are additional reasonably possible losses relating to the Macondo incident for
which we cannot reasonably estimate at this time; with respect to repurchases
of Halliburton common stock, the trading prices of Halliburton common stock
and the availability and alternative uses of cash; changes in the demand for
or price of oil and/or natural gas can be significantly impacted by weakness
in the worldwide economy; consequences of audits and investigations by
domestic and foreign government agencies and legislative bodies and related
publicity and potential adverse proceedings by such agencies; indemnification
and insurance matters; protection of intellectual property rights and against
cyber attacks; compliance with environmental laws; changes in government
regulations and regulatory requirements, particularly those related to
offshore oil and natural gas exploration, radioactive sources, explosives,
chemicals, hydraulic fracturing services, and climate-related initiatives;
compliance with laws related to income taxes and assumptions regarding the
generation of future taxable income; risks of international operations,
including risks relating to unsettled political conditions, war, the effects
of terrorism, foreign exchange rates and controls, international trade and
regulatory controls, and doing business with national oil companies;
weather-related issues, including the effects of hurricanes and tropical
storms; changes in capital spending by customers; delays or failures by
customers to make payments owed to us; execution of long-term, fixed-price
contracts; impairment of oil and natural gas properties; structural changes in
the oil and natural gas industry; maintaining a highly skilled workforce;
availability and cost of raw materials; and integration of acquired businesses
and operations of joint ventures. Halliburton's Form 10-K for the year ended
December31, 2012, recent Current Reports on Form 8-K, and other Securities
and Exchange Commission filings discuss some of the important risk factors
identified that may affect Halliburton's business, results of operations, and
financial condition. Halliburton undertakes no obligation to revise or update
publicly any forward-looking statements for any reason. There can be no
assurance as to the amount, timing or prices of share repurchases. The
specific timing and amount of repurchases may vary based on market conditions
and other factors. The share repurchase program may be suspended at any time.

HALLIBURTON COMPANY
Condensed Consolidated Statements of Operations
(Millions of dollars and shares except per share data)
(Unaudited)
                                         
                                           Three Months Ended
                                         March 31               December 31
                                         2013       2012       2012
Revenue:                                                        
Completion and Production                  $ 4,100     $ 4,290     $  4,337
Drilling and Evaluation                   2,874     2,578     2,953     
Total revenue                             $ 6,974   $ 6,868   $  7,290  
Operating income:
Completion and Production                  $ 615       $ 1,036     $  603
Drilling and Evaluation                    407         368         484
Corporate and other (a)                   (1,120  )  (381    )  (106      )
Total operating income (loss)             (98     )  1,023     981       
Interest expense, net                      (71     )   (74     )   (73       )
Other, net                                (14     )  (7      )  (9        )
Income (loss) from continuing operations   (183    )   942         899
before income taxes
Income tax benefit (provision) (b)        172       (304    )  (307      )
Income (loss) from continuing operations   (11     )   638         592
Income (loss) from discontinued           (5      )  (8      )  80        
operations, net (c)
Net income (loss)                         $ (16   )  $ 630     $  672    
Noncontrolling interest in net income of  (2      )  (3      )  (3        )
subsidiaries
Net income (loss) attributable to         $ (18   )  $ 627     $  669    
company
Amounts attributable to company
shareholders:
Income (loss) from continuing operations   $ (13   )   $ 635       $  589
Income (loss) from discontinued           (5      )  (8      )  80        
operations, net (c)
Net income (loss) attributable to         $ (18   )  $ 627     $  669    
company
Basic income (loss) per share
attributable to company shareholders:
Income (loss) from continuing operations   $ (0.01 )   $ 0.69      $  0.63
Income (loss) from discontinued           (0.01   )  (0.01   )  0.09      
operations, net (c)
Net income (loss) per share               $ (0.02 )  $ 0.68    $  0.72   
Diluted income (loss) per share
attributable to company shareholders:
Income (loss) from continuing operations   $ (0.01 )   $ 0.69      $  0.63
Income (loss) from discontinued           (0.01   )  (0.01   )  0.09      
operations, net (c)
Net income (loss) per share               $ (0.02 )  $ 0.68    $  0.72   
Basic weighted average common shares       931         923         928
outstanding
Diluted weighted average common shares    931       926       931       
outstanding

      Includes a $1.0 billion, pre-tax, charge in the three months ended March
(a)  31, 2013, and a $300 million, pre-tax, charge in the three months ended
      March 31, 2012 related to the Macondo well incident.
(b)   Includes $50 million in federal tax benefits in the three months ended
      March 31, 2013.
      Includes an $80 million tax benefit in the three months ended December
(c)   31, 2012 related to a payment to Petrobras under a guarantee relating to
      work performed on the Barracuda-Caratinga project by KBR, Inc.
See Footnote Table 1 for a reconciliation of as-reported operating income
(loss) to adjusted operating income.
See Footnote Table 2 for a reconciliation of as-reported income (loss) from
continuing operations to adjusted income from continuing operations.


HALLIBURTON COMPANY
Condensed Consolidated Balance Sheets
(Millions of dollars)
                                                                
                                                     (Unaudited)
                                                     March 31     December 31
                                                   2013         2012
Assets
Current assets:
Cash and equivalents                                 $  2,029      $   2,484
Receivables, net                                     6,210         5,787
Inventories                                          3,257         3,186
Other current assets (a)                            1,656       1,629
Total current assets                                 13,152        13,086
                                                                   
Property, plant, and equipment, net                  10,509        10,257
Goodwill                                             2,119         2,135
Other assets (b)                                    1,904       1,932
Total assets                                        $  27,684   $   27,410
                                                                   
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable                                     $  2,197      $   2,041
Accrued employee compensation and benefits           771           930
Other current liabilities                           1,698       1,781
Total current liabilities                            4,666         4,752
                                                                   
Long-term debt                                       4,820         4,820
Other liabilities                                   2,461       2,048
Total liabilities                                    11,947        11,620
                                                                   
Company shareholders’ equity                         15,710        15,765
Noncontrolling interest in consolidated             27          25
subsidiaries
Total shareholders’ equity                          15,737      15,790
Total liabilities and shareholders’ equity          $  27,684   $   27,410

      Includes $294 million of investments in fixed income securities at March
(a)  31, 2013, and $270 million of investments in fixed income securities at
      December 31, 2012.
      Includes $124 million of investments in fixed income securities at March
(b)   31, 2013, and $128 million of investments in fixed income securities at
      December 31, 2012.
      

HALLIBURTON COMPANY
Condensed Consolidated Statements of Cash Flows
(Millions of dollars)
(Unaudited)
                                                       
                                                         Three Months Ended
                                                         March 31
                                                       2013       2012
Cash flows from operating activities:                              
Net income (loss)                                        $ (16   )   $ 630
Adjustments to reconcile net income (loss) to net cash
flows from operating activities:
Loss contingency for Macondo well incident               1,000       300
Depreciation, depletion, and amortization                448         385
Payment of Barracuda-Caratinga obligation                (219    )   —
Other, primarily working capital                        (864    )  (581    )
Total cash flows from operating activities              349       734     
                                                                     
Cash flows from investing activities:
Capital expenditures                                     (685    )   (782    )
Purchases of investment securities                       (28     )   (100    )
Sales of investment securities                           9           150
Other                                                   53        5       
Total cash flows from investing activities              (651    )  (727    )
                                                                     
Cash flows from financing activities:
Dividends to shareholders                                (116    )   (83     )
Other                                                   (29     )  34      
Total cash flows from financing activities              (145    )  (49     )
                                                                     
Effect of exchange rate changes on cash                 (8      )  (1      )
Decrease in cash and equivalents                         (455    )   (43     )
Cash and equivalents at beginning of period             2,484     2,698   
Cash and equivalents at end of period                   $ 2,029   $ 2,655 
                                                                             

HALLIBURTON COMPANY
Revenue and Operating Income Comparison
By Segment and Geographic Region
(Millions of dollars)
(Unaudited)
                             
                                 Three Months Ended
                               March 31                        December 31
Revenue by geographic           2013            2012           2012
region:
Completion and Production:                                    
North America                    $   2,745        $  3,182        $  2,830
Latin America                    355              306             396
Europe/Africa/CIS                532              456             569
Middle East/Asia                468            346           542       
Total                           4,100          4,290         4,337     
Drilling and Evaluation:
North America                    961              986             923
Latin America                    590              474             687
Europe/Africa/CIS                655              556             645
Middle East/Asia                668            562           698       
Total                           2,874          2,578         2,953     
Total revenue by region:
North America                    3,706            4,168           3,753
Latin America                    945              780             1,083
Europe/Africa/CIS                1,187            1,012           1,214
Middle East/Asia                1,136          908           1,240     
Total revenue                   $   6,974      $  6,868      $  7,290  
                                                                  
Operating income by                                          
geographic region:
Completion and Production:
North America                    $   432          $  871          $  315
Latin America                    28               55              57
Europe/Africa/CIS                64               57              107
Middle East/Asia                91             53            124       
Total                           615            1,036         603       
Drilling and Evaluation:
North America                    173              190             150
Latin America                    81               67              136
Europe/Africa/CIS                57               40              79
Middle East/Asia                96             71            119       
Total                           407            368           484       
Total operating income by
region:
North America                    605              1,061           465
Latin America                    109              122             193
Europe/Africa/CIS                121              97              186
Middle East/Asia                187            124           243       
Corporate and other             (1,120     )    (381      )    (106      )
Total operating income          $   (98    )    $  1,023      $  981    
(loss)
                                                                  
See Footnote Table 1 for a reconciliation of as-reported operating income
(loss) to adjusted operating income.


FOOTNOTE TABLE 1
                                       
HALLIBURTON COMPANY
Reconciliation of As Reported Operating Income to Adjusted Operating Income
(Millions of dollars)
(Unaudited)
                                           
                                           Three Months Ended March 31
                                        2013               2012
As reported operating income (loss)        $     (98     )    $    1,023
Macondo-related charge (a)                1,000             300
Adjusted operating income (a)             $     902         $    1,323

      Management believes that operating income (loss) adjusted for the
      Macondo-related charges for the quarters ended March 31, 2013 and March
      31, 2012 is useful to investors to assess and understand operating
      performance, especially when comparing those results with previous and
      subsequent periods or forecasting performance for future periods,
      primarily because management views the excluded items to be outside of
(a)  the company's normal operating results. Management analyzes operating
      income (loss) without the impact of these items as an indicator of
      performance, to identify underlying trends in the business, and to
      establish operational goals. The adjustments remove the effects of these
      expenses. Adjusted operating income is calculated as: “As reported
      operating income (loss)” plus “Macondo-related charge” for the quarters
      ended March 31, 2013 and March 31, 2012.
      

FOOTNOTE TABLE 2

HALLIBURTON COMPANY
Reconciliation of As Reported Income from Continuing Operations to
Adjusted Income from Continuing Operations
(Millions of dollars)
(Unaudited)
                                                
                                                   Three Months Ended March 31
                                                2013              2012
As reported income (loss) from continuing          $   (13     )     $  635
operations attributable to company
Macondo-related charge, net of tax (a)            637              191
Adjusted income from continuing operations        $   624          $  826
attributable to company (a)
                                                                      
As reported diluted weighted average common        931                926
shares outstanding
                                                                      
As reported income (loss) from continuing          $   (0.01   )      $  0.69
operations per diluted share (b)
Adjusted income from continuing operations per    $   0.67         $  0.89
diluted share (b)

      Management believes that income (loss) from continuing operations
      adjusted for the Macondo-related charges for the quarters ended March
      31, 2013 and March 31, 2012 is useful to investors to assess and
      understand operating performance, especially when comparing those
      results with previous and subsequent periods or forecasting performance
      for future periods, primarily because management views the excluded
      items to be outside of the company's normal operating results.
(a)  Management analyzes income (loss) from continuing operations without the
      impact of these items as an indicator of performance, to identify
      underlying trends in the business, and to establish operational goals.
      The adjustments remove the effects of these expenses. Adjusted income
      from continuing operations attributable to company is calculated as: “As
      reported income (loss) from continuing operations attributable to
      company” plus “Macondo-related charge, net of tax” for the quarters
      ended March 31, 2013 and March 31, 2012.
      As reported income (loss) from continuing operations per diluted share
      is calculated as: “As reported income (loss) from continuing operations
      attributable to company” divided by “As reported diluted weighted
(b)   average common shares outstanding.” Adjusted income from continuing
      operations per diluted share is calculated as: “Adjusted income from
      continuing operations attributable to company” divided by “As reported
      diluted weighted average common shares outstanding.”
      

FOOTNOTE TABLE 3
                                      
HALLIBURTON COMPANY
Reconciliation of As Reported Corporate & Other Expense to
Adjusted Corporate & Other Expense
(Millions of dollars)
(Unaudited)
                                         
                                         Three Months Ended
                                      March 31, 2013
As reported corporate & other expense    $     (1,120   )
Macondo-related charge (a)              1,000          
Adjusted corporate & other expense (a)  $     (120     )

      Management believes that corporate & other expense adjusted for the
      Macondo-related charge for the quarter ended March 31, 2013 is useful to
      investors, primarily because management views the excluded item to be
(a)  outside of the company's normal operating results. Management analyzes
      corporate & other expense without the impact of this item. The
      adjustment removes the effect of this expense. Adjusted corporate &
      other expense is calculated as: “As reported corporate & other expense”
      plus “Macondo-related charge” for the quarter ended March 31, 2013.
      

FOOTNOTE TABLE 4
                                                         
HALLIBURTON COMPANY
Reconciliation of Effective Tax Rate to Adjusted Effective Tax Rate
(Millions of dollars)
(Unaudited)
                                                            
                                                            Three Months Ended
                                                         March 31, 2013
As reported loss from continuing operations before income   $     (183    )
taxes (a)
Macondo-related charge                                     1,000         
Adjusted income from continuing operations before income   $     817     
taxes (b)
                                                            
As reported income tax benefit (a)                          $     172
Tax effect of Macondo-related charge                       (363          )
Adjusted provision for income taxes (b)                    $     (191    )
                                                            
Effective tax rate (a)                                      94            %
Adjusted effective tax rate (b)                            23            %

      Effective tax rate is calculated as: "As reported income tax benefit"
(a)  divided by “As reported loss from continuing operations before income
      taxes."
      Management believes that the effective tax rate adjusted for the
      Macondo-related charge for the quarter ended March 31, 2013 is useful to
      investors, especially when comparing this rate with previous and
      subsequent periods, primarily because management views the excluded item
(b)   to be outside of the company's normal operating results. Management
      analyzes effective tax rate without the impact of this item. The
      adjustment removes the effect of this expense. Adjusted effective tax
      rate is calculated as: "Adjusted provision for income taxes" divided by
      “Adjusted income from continuing operations before income taxes."
      

                           Conference Call Details

Halliburton (NYSE:HAL) will host a conference call on Monday, April22, 2013,
to discuss the first quarter 2013 financial results. The call will begin at
8:00 AM Central Time (9:00 AM Eastern Time).

Halliburton’s first quarter press release will be posted on the Halliburton
website at www.halliburton.com. Please visit the website to listen to the call
live via webcast. In addition, you may participate in the call by telephone at
(703) 639-1319. A passcode is not required. Attendees should log in to the
webcast or dial in approximately 15 minutes prior to the call’s start time.

A replay of the conference call will be available on Halliburton’s website for
seven days following the call. Also, a replay may be accessed by telephone at
(703) 925-2533, passcode 1604458.

Contact:

Halliburton
Kelly Youngblood, 281-871-2688
Investor Relations
investors@halliburton.com
or
Beverly Blohm Stafford, 281-871-2601
Corporate Affairs
PR@halliburton.com