HALLIBURTON CO — Director's Dealing 2003

Dec 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2003-12-24

Reporting Person: HARL ROBERT R (Pres & CEO- Kellogg Brown Root)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-24	Common Stock	D	175	$23.55	Disposed	153776	Direct
2003-12-24	Common Stock	D	300	$24.40	Disposed	153476	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$29.5625	2006-12-04	Common Stock (13333)	13333	Direct
Option to Buy Common Stock	$54.50	2007-12-03	Common Stock (20000)	20000	Direct
Option to Buy Common Stock	$28.125	2008-12-02	Common Stock (25000)	25000	Direct
Option to Buy Common Stock	$39.50	2009-12-02	Common Stock (45000)	45000	Direct
Option to Buy Common Stock	$34.75	2010-12-06	Common Stock (39000)	39000	Direct
Option to Buy Common Stock	$31.55	2011-07-19	Common Stock (34594)	34594	Direct

Footnotes

F1: Shares transferred to Halliburton Company for payment of Federal Income Tax withholding obligation on lapse of restrictions on shares issued under the 1993 Stock and Incentive Plan. Said Plan permits Reporting Person to satisfy withholding tax obligation by transferring unrestricted shares to the Issuer.