FOR IMMEDIATE RELEASE             Contact:   Guy T. Marcus
March 25, 1996                               Vice President-Inv. Rel.
                                             (214) 978-2691

      CELESTE COLGAN NAMED VICE PRESIDENT FOR HUMAN RESOURCES

     DALLAS,  Texas -- Halliburton  Company  announced today that Celeste Colgan
has been named Vice President for Human Resources effective April 1, 1996.

     Colgan, 56, is currently director of the Wyoming Department of Commerce,  a
state  agency that houses five  operations  - tourism,  economic  and  community
development,   cultural   resources,   state  parks  and  historic  sites,   and
professional  licensing boards. The Wyoming Department of Commerce employs about
300 people and  operates  on a budget of about $40  million.  Formerly,  she was
deputy  chairman of the National  Endowment for the  Humanities  in  Washington,
D.C., an independent federal agency.  Colgan holds a Ph.D. in English literature
from the University of Maryland and has taught for several years in colleges and
universities.

     In her new position,  Celeste Colgan will be responsible  for  coordinating
policies  regarding  human  resources  and  executive  compensation  across  all
Halliburton operating units.

     Halliburton  Company  is one  of the  world's  largest  diversified  energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton  provides a broad range of energy services and products,  industrial
and marine engineering and construction services.

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