HALLIBURTON CO — Director's Dealing 2006

Dec 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-12-05

Reporting Person: GAUT C CHRISTOPHER (Exec VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-05	Common Stock	D	2494	$33.53	Disposed	179324.25	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$32.39	2004-12-02	Common Stock (40000)	40000	Direct
Option to Buy Common Stock	$19.31	2014-12-02	Common Stock (33000)	33000	Direct
Option to Buy Common Stock	$13.02	2014-01-02	Common Stock (65880)	65880	Direct
Option to Buy Common Stock	$10.25	2013-03-03	Common Stock (200000)	200000	Direct

Footnotes

F1: Shares transferred to Halliburton Company for payment for Federal tax withholding obligations 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.

F2: The amount of securities beneficially owned has been adjusted to reflect a 2-for-1stock split on July 17, 2006.

F3: Includes 414.12 shares of stock acquired under the Halliburton Company Employee Stock Purchase Plan through July 2006.

F4: Exercise price has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F5: The number of derivitive securites has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.