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HALLIBURTON TO REDEEM REMAINING $3.409 MILLION OF 7.95 PERCENT SINKING FUND DEBENTURES

 DALLAS, Nov. 3 /PRNewswire/ -- Halliburton Company (NYSE: HAL) announced today that on Dec. 1, 1993 (the "Redemption Date") it will redeem the remaining $3,409,000 principal amount outstanding of its 7.95 percent Sinking Fund Debentures due Dec. 1, 1995 (the "Debentures"). The redemption will consist of a combination of $2,500,000 principal amount pursuant to mandatory sinking fund provisions and $909,000 principal amount pursuant to optional sinking fund provisions at a price of 100 percent thereof (the "Redemption Price"). Registered holders of the Debentures as of the regular Nov. 15, 1993 record date will receive by mail the regular semiannual interest payment due Dec. 1, 1993, as provided in the Indenture. Accordingly, no additional interest will be payable on the Redemption Date to holders of Debentures redeemed through operation of the sinking fund. Interest on the Debentures will cease to accrue on and after the Redemption Date.
 Payment of the Redemption Price will become due and payable on the Redemption Date upon presentation and surrender of the Debentures by hand or by mail to the trustee, Citibank, N.A., Corporate Trust Services, 5th Floor, 111 Wall Street, New York, New York 10043.
 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, and property and casualty insurance services.
 -0- 11/3/93
 /CONTACT: Guy T. Marcus, VP - Inv. Rel. of Halliburton Company, 214-978-2691/
 (HAL)


CO: Halliburton Company ST: Texas IN: OIL SU:

WB -- NY098 -- 0303 11/03/93 16:33 EST
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Publication:PR Newswire
Date:Nov 3, 1993
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