HALLIBURTON CO — Director's Dealing 2006

Jan 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-01-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-24	Common Stock	D	1778	$61.96	Disposed	87341	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$38.61	2014-12-02	Common Stock (8000)	8000	Direct
Option to Buy Common Stock	$26.03	2014-01-02	Common Stock (10976)	10976	Direct
Option to Buy Common Stock	$64.78	2015-12-07	Common Stock (15400)	15400	Direct
Option to Buy Common Stock	$31.55	2011-07-19	Common Stock (1968)	1968	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.