HALLIBURTON CO — Director's Dealing 2006

Mar 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-03-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-02	Common Stock	D	2184	$61.96	Disposed	91750.07	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$64.78	2015-12-07	Commonn Stock (20000)	20000	Direct
Option to Buy Common Stock	$38.61	2014-12-02	Common Stock (16500)	16500	Direct
Option to Buy Common Stock	$26.03	2014-01-02	Common Stock (32940)	32940	Direct
Option to Buy Common Stock	$20.50	2013-03-03	Common Stock (100000)	100000	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: Includes 239.43 shares of common stock that were acquired under the Halliburton Company Employees Stock Purchase Plan through December 31, 2005.