HALLIBURTON CO — Director's Dealing 2006

Jan 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2006-01-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-03	Common Stock	M	10980	$26.03	Acquired	100099	Direct
2006-01-03	Common Stock	S	9100	$63.46	Disposed	90999	Direct
2006-01-03	Common Stock	S	1880	$63.51	Disposed	89119	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-03	Option to Buy Common Stock	$26.03	M	10980	Disposed	2014-01-02	Common Stock (10980)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Option to Buy Common Stock	$38.61	2014-12-02	Common Stock (12000)	12000	Direct

Footnotes

F1: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 18, 2005.

F2: Options disposed of through exercise pursuant to a Rule 10b1-5 trading plan adopted by the Reporting Person on March 18, 2005.