FOR IMMEDIATE RELEASE                  Contact: Cedric W. Burgher
May 9, 2002                                     Halliburton, Investor Relations
                                                (713) 676-4608

                                                Wendy Hall
                                                Halliburton, Public Relations
                                                (713) 676-5227




                 HALLIBURTON 2002 SHAREHOLDERS' MEETING WEBCAST


     DALLAS,  Texas -  Halliburton  Company's  (NYSE:  HAL)  annual  meeting  of
shareholders  will be held at The Fairmont Hotel in Dallas,  Texas on Wednesday,
May 15, 2002 at 9:00 AM Central Time.
     For   those   not  able  to   attend,   please   visit   our   website   at
www.halliburton.com  to listen to the meeting live via webcast. A replay will be
available on the Halliburton website for seven days following the meeting.
     Halliburton  Company,  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  Group and  Engineering  and  Construction  Group  business
segments.   The   company's   World   Wide   Web  site   can  be   accessed   at
www.halliburton.com.


                                       ###