Halliburton currently has approximately 3,000 employees working in the affected region and, unfortunately, many have suffered devastating losses with many homes and vehicles flooded and some with a total loss of all of their belongings.

Halliburton's priority is the safety and well-being of its employees who currently are displaced by Hurricane Katrina. Halliburton and KBR employees are encouraged to call the toll-free Halliburton emergency response line at 1-800-444-7830 to access employee assistance programs and obtain facility status updates.

Halliburton is supporting the relief efforts in Louisiana, Mississippi and Alabama in a variety of ways:

-- Halliburton has established an online giving program for employees around the world to support the victims and families of those affected by the horrific events of late August. During its online giving program for this disaster, the Company will match, dollar-for-dollar, every employee contribution that is received. Through a secure Web site, employees may make donations with a credit card and may choose up to six charities assisting with relief efforts. Charities available through the company's online giving campaign include: American Red Cross Disaster Relief Fund, America's Second Harvest, Catholic Charities Association, Habitat for Humanity, Humane Society or the Salvation Army.

-- Halliburton facilities in the Houston and Gulf Coast areas are currently collecting food, clothing and cleaning supplies to assist their colleagues in need. Items such as mops, brooms, fans, toys, baby formula, diapers, school supplies, non-perishable food and basic hygiene items are being collected and will be transported to affected areas in Louisiana, Mississippi and Alabama. Earlier this week, Halliburton shipped a supply of clothing to assist displaced citizens in Louisiana.

-- Counselors from Halliburton's Employee Assistance Program (EAP) arrived on-site Tuesday to affected areas to offer assistance to employees and their families. The company began its EAP in 1980 to assist employees around the world with a variety of situations regarding work-related and personal issues. Halliburton's EAP is working with employees to assess damage and offer assistance based on personal levels of need that are not covered by insurance claims or other disaster relief or assistance programs.

Additional relief efforts are currently being evaluated and Halliburton will implement additional programs to provide relief as may be warranted to assist Hurricane Katrina victims.

Also, as part of the company’s Construction Capabilities (CONCAP) contract with the U.S. Naval Facilities Engineering Command (NAVFAC), Halliburton’s subsidiary KBR is providing power distribution restoration, emergency roof repair and debris removal at three Mississippi Naval facilities that were damaged by Hurricane Katrina. Additionally, KBR will begin performing damage assessments on other Naval facilities in New Orleans as soon as it is deemed safe to do so.

The U.S. Navy uses the CONCAP contract to support immediate needs associated with regional emergencies caused by natural disasters, military-led or military-supported humanitarian assistance or military conflicts. For more information on this contract, which was awarded in July 2004 following a competitive bidding process, please see the company’s press release here.

Under CONCAP and other contracts, KBR has provided extensive relief services for major disasters in the U.S. and abroad for more than 15 years. Following Hurricane Andrew in Florida in 1992, the U.S. Army Corps of Engineers tasked KBR with providing planning assistance, damage surveys, expedient debris removal, engineering assessments, repairs to public and private buildings and utilities, and the construction, operation and maintenance of temporary trailer camps for displaced residents. KBR also performed emergency repairs to schools in the region and installed temporary, modular school buildings where necessary. The company began providing disaster relief services to the Navy two days after Hurricane Ivan struck Florida in 1994, and assisted after Hurricane Marilyn in the U.S. Virgin Islands in 1995 and Hurricane Hugo in South Carolina in 1990. In addition, under the previous CONCAP contract KBR provided emergency repairs in Guam following Super Typhoon Ponsonga from 2002-2004.

Regarding emergency preparedness, Halliburton emphasizes safety precautions and procedures to employees through a variety of methods. For example, each meeting (internal and external gatherings that are led by Halliburton around the world) is started with a Halliburton moment which may discuss a safety, security or service quality topic. Additionally, our emergency plans and networks are carefully crafted to ensure widespread knowledge of practices and procedures in the event of emergencies.

Halliburton is proud to be able to offer its services during this difficult time, and we hope that our work will help bring relief to the thousands of people who have been affected by this tragedy. Our thoughts and prayers remain with the victims of this catastrophic storm.