HALLIBURTON CO — Director's Dealing 2008

Apr 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLIBURTON CO (HAL)
CIK: 0000045012
Period of Report: 2008-04-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-02	Common Stock	M	21960	$13.02	Acquired	194890	Direct
2008-04-02	Common Stock	S	21960	$40.00	Disposed	172930	Direct
2008-04-02	Common Stock	S	1000	$40.00	Disposed	172930	Direct
2008-04-02	Common Stock	D	575	$39.42	Disposed	171930	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-02	Option to Buy Common Stock	$13.02	M	21960	Disposed	2014-01-02	Common Stock (21960)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy Common Stock	$36.90	2017-12-05	Common Stock (18600)	18600	Direct
Option to Buy Common Stock	$33.17	2016-12-06	Common Stock (31200)	31200	Direct
Option to Buy Common Stock	$19.31	2014-12-02	Common Stock (16000)	16000	Direct
Option to Buy Common Stock	$32.39	2015-12-07	Common Stock (30800)	30800	Direct

Footnotes

F1: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 13, 2007.

F2: Shares transferred to Halliburton Company for payment for Federal 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.

F3: The amount of stock options was inadvertently previously reported as 21,952.

F4: Options were disposed of through exercise pursuant to a Rule 10b5-1 trading plan adopted by Reporting Person on November 13, 2007.