HALLIBURTON CO — Director's Dealing 2006

Jul 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-07-24

Reporting Person: Lane Andrew R (EVP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-24	Common Stock	D	438	$34.95	Disposed	216000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$14.43	2014-03-16	Common Stock (5346)	5346	Direct
Option to Buy Common Stock	$19.31	2014-12-02	Common Stock (25200)	25200	Direct
Option to Buy Common Stock	$32.39	2015-12-07	Common Stock (40000)	40000	Direct

Footnotes

F1: Shares transferred to Halliburton Company for payment for Federal Income 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: Amount of securities beneficially owned has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F3: Exercise price has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.

F4: The number of derivitive securities has been adjusted to reflect a 2-for-1 stock split on July 17, 2006.