Exhibit 99.1

                   DRESSER INDUSTRIES LETTERHEAD

                                          Donald R. Galletly (214/740-6757)

    January 28, 1994                                  FOR IMMEDIATE RELEASE


                            Dresser Completes Sale 
                           of Western Atlas Interest

    DALLAS, TEXAS  ... Dresser Industries, Inc. (NYSE:  DI) announced today
    that it has completed the previously announced sale of its 29.5 percent
    interest  in Western  Atlas International,  Inc. to  Litton Industries,
    Inc. (NYSE: LIT).  The sale price for its share was $558 million.

         Dresser  expects to record an after-tax gain of approximately $150
    million  from the transaction which  will be reported  in the Company's
    first fiscal quarter ending January 31, 1994.

         Headquartered in  Dallas, Dresser is a leading  supplier of highly
    engineered products and services utilized in hydrocarbon energy-related
    activities throughout the world.
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