HALLIBURTON CO — Director's Dealing 2006

Aug 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-08-01

Reporting Person: REED DEBRA L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-01	Common Stock	A	2965	—	Acquired	15291	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$22.68	2011-05-15	Common Stock (10000)	10000	Direct
Option to Buy Common Stock	$8.38	2012-05-15	Common Stock (4000)	4000	Direct

Footnotes

F1: 800 shares awarded pursuant to Halliburton Company's Restricted Stock Plan for Non-Employee Directors. 2,165 shares awarded pursuant to Halliburton Company's 1993 Stock and Incentive Plan.

F2: On August 1, 2006, the closing price of Halliburton Company Common Stock on the New York Stock Exchange was $33.73.

F3: Amount of securities beneficially owned has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F4: Amount of securities owned indirectly has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F5: Exercise price has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F6: Options are exercisable six months after the date of grant.

F7: The number of derivitive securites has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.