HALLIBURTON CO — Director's Dealing 2006

Dec 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-12-06

Reporting Person: CORNELISON ALBERT O JR (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-06	Common Stock	A	30200	$33.17	Acquired	173192	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-06	Option to Buy Common Stock	$33.17	A	31200	Acquired	2016-12-06	Common Stock (31200)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$19.31	2014-12-02	Common Stock (16000)	16000	Direct
Option to Buy Common Stock	$13.02	2014-01-02	Common Stock (21952)	21952	Direct
Option to Buy Common Stock	$32.39	2015-12-07	Common Stock (30800)	30800	Direct

Footnotes

F1: Shares awarded pursuant to the Halliburton Company 1993 Stock and Incentive Plan. Said Plan provides for the surrender of common stock to the Issuer to satisfy withholding tax obligations.

F2: On December 6, 2006 the closing price of Halliburton Company Common Stock on the New York Stock Exchange was $33.17.

F3: Stock options awarded pursuant to the Halliburton Company 1993 Stock and Incentive Plan. Said Plan provides for the surrender of common stock to the Issuer to satisfy withholding tax obligations.

F4: The options granted become exercisable on each of the first, second and third aniversaries of the grant in cumulative increments of one-third each of the number of shares subject to the option.

F5: In a filing dated December 5, 2006, this holding was inadvertently listed twice.