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BAKER HUGHES MAKES ANNOUNCEMENT

BAKER HUGHES MAKES ANNOUNCEMENT
 HOUSTON, Oct. 1 /CNW/ -Baker Hughes Incorporated (BHI - NYSE, PSE, Zurich) today announced that it sold its remaining Western hemisphere tubular inspection and coating business to ICO, Inc. for $11,262,000 in promissory notes and a stock purchase warrant.
 Baker Hughes is a leading provider of products and services for the oil, gas and process industries.
 NOT INTENDED FOR DISTRIBUTION TO BENEFICIAL HOLDERS
 For further information: Ronald G. Turner, Baker Hughes Incorporated (713) 439-8666
 (BHI)
 -0- 10/01/92


CO: BAKER HUGHES INCORPORATED IN: OIL ST: TX -- c0029 -- X986 10/01/92
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Publication:PR Newswire
Date:Oct 1, 1992
Words:97
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