FOR IMMEDIATE RELEASE         
- ---------------------                   Contact - Guy T. Marcus
June 4, 1996                            Vice President-Inv. Rel.
                                        (214) 978-2691

        HALLIBURTON NAMED EPA GREEN LIGHTS CORPORATE PARTNER OF THE YEAR
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     DALLAS, Texas -- The U.S. Environmental Protection Agency named Halliburton
Company  (NYSE-HAL) their 1996 Green Lights Corporate  Partner of the Year at an
awards  dinner last night in  Washington,  D.C.  Green Lights is an  innovative,
voluntary  pollution  prevention  program  sponsored  by EPA.  By joining  Green
Lights,  partners agree to install energy efficient lighting in U.S.  facilities
where profitable as long as lighting quality is maintained or improved.

     "Participation in the Green Lights program is a win-win  proposition," said
Dale  Jones,  vice  chairman  and chief  environmental  officer  of  Halliburton
Company,  who accepted  the award on behalf of  Halliburton  from Mary  Nichols,
Assistant  Administrator,  Office  of  Air  and  Radiation,  U.S.  Environmental
Protection  Agency.  "Halliburton  will be saving $2 to $3 million  annually  in
electrical  costs while reducing the pollution  equal to more than 7,500 cars on
the road once the upgrading is completed.  It's been very  satisfying to see our
lighting  upgrades  translate into real pollution  prevention in the communities
where we have a presence."

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Halliburton Company

     So far Halliburton has surveyed  approximately 5 million square feet of the
company s office and plant space and upgraded the lighting in 3.7 million square
feet of the  surveyed  area.  Halliburton  is  continuing  to survey and upgrade
lighting  in  additional  facilities.  Halliburton's  two  core  businesses  --
Halliburton Energy Services and Brown & Root -- have more than 10 million square
feet of facilities  located  throughout  the U.S.,  with about 85 percent of the
space located in Texas, Oklahoma and Louisiana.  A large portion of the upgraded
space has been  within  the  Houston  and  Dallas,  Texas and  Duncan,  Oklahoma
communities.

     More efficient lamps, ballasts,  fixtures,  motion sensors and controls are
used to improve the  lighting  efficiency,  while  enhancing  light  quality and
visual  comfort.  As a result of the upgrades,  Halliburton  is saving more than
$0.30 per square foot on upgraded  space per year. In fact, the program has been
so successful  that  Halliburton  is beginning to target  locations  outside the
U.S., as well.

     "Halliburton  Company is proud to be part of a program  that not only makes
Halliburton  more  cost  efficient  and  improves  the  quality  of life for our
employees  through better lighting,  but protects the environment as well," said
Jones.

     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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