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BAROID CORPORATION ELECTS TWO NEW DIRECTORS

 HOUSTON, Feb. 9 /PRNewswire/ -- Baroid Corporation (NYSE: BRC) today announced that Frank A. Benevento II and Peter M. Sacerdote have been elected to its board of directors.
 Mr. Benevento heads the Energy Recovery Fund, an investment fund which invests in oil and oil service firms. Mr. Benevento is also a director of Czar Resources Ltd. and EnServ Corporation and an advisory director of Service Fracturing Company. Mr. Benevento has served as chairman of SubSea International Inc. from April 1990 through the recent merger of SubSea with Baroid Corporation; as a director of Smith International from 1987 to 1992; and as a member of the board of visitors of the Georgetown University School of Business Administration from 1985 to 1990. He is a graduate of Georgetown University B.S., summa cum laude, 1970 and the University of Virginia Law School J.D. 1973.
 Mr. Sacerdote is chairman of the investment committee of the Goldman Sachs Group, L.P. and G.S. Capital Partners, L.P., its merchant banking fund. Prior to becoming a limited partner in 1990, Mr. Sacerdote was a general partner of the Goldman Sachs Group, L.P., served as co-head of the firm's Principal Investment Activities and was chairman of the Commitments, Credit and Investment Committees. He served as partner-in- charge of the corporate finance department of the Goldman Sachs Group, L.P., from 1980 to 1987 and of its private finance department from 1973 to 1980. Mr. Sacerdote is a director of Weis Markets, Inc.; Franklin Resources, Inc.; QUALCOMM, Inc.; and was a director of SubSea International Inc. until the merger with Baroid Corporation. Mr. Sacerdote holds a B.E.E. from Cornell University and an M.B.A. from the Harvard Business School.
 Baroid Corporation is a worldwide supplier of oilfield services and products.
 -0- 2/9/93
 /CONTACT: Robert P. Wallace of Baroid, 713-987-5186/
 (BRC)


CO: Baroid Corporation ST: Texas IN: OIL SU: PER

GK-LR -- NY077 -- 4760 02/09/93 14:50 EST
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Date:Feb 9, 1993
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