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Asbestos Update
March 17, 2005

HALLIBURTON ANNOUNCES PRICING OF SHARE OFFERING BY ASBESTOS TRUST

HOUSTON, Texas – Halliburton (NYSE: HAL) announced today that the underwritten offering by the DII Industries, LLC Asbestos PI Trust of all 59,500,000 shares of Halliburton's common stock held by the trust has priced at $42.50 per share. Halliburton will not sell any shares in this offering, nor will it receive any proceeds from it. The offering is expected to close on March 23, 2005.


Full Press Release



Press Releases
 
03/17/05 HALLIBURTON ANNOUNCES PRICING OF SHARE OFFERING BY ASBESTOS TRUST
 
03/10/05 HALLIBURTON ANNOUNCES SHARE OFFERING BY ASBESTOS TRUST
 
01/25/05 HALLIBURTON COMPLETES FUNDING FOR ASBESTOS/SILICA SETTLEMENT AND COLLECTS OVER $1 BILLION OF INSURANCE
 
01/03/05 ASBESTOS SETTLEMENT IS FINAL AND NON-APPEALABLE, KBR EXITS BANKRUPTCY
 
12/16/04 BANKRUPTCY COURT APPROVES FINAL MOTIONS
 
12/03/04 HALLIBURTON SAYS COURT ORDER MAKES FINAL ASBESTOS SETTLEMENT "IMMINENT"
 
11/29/04 BANKRUPTCY COURT APPROVES INSURANCE SETTLEMENT AGREEMENTS, CLEARS WAY FOR FINAL ASBESTOS CLOSURE
 
07/27/04 Halliburton announces U.S. District Court Affirms Plan of Reorganization of its subsidiaries
 
07/21/04 Halliburton announces Court Confirms Prepackaged Plan of Reorganization of its DII Industries and Kellogg Brown & Root subsidiaries
 
06/29/04 HALLIBURTON UPDATES BARRACUDA-CARATINGA PROJECT AND AGREEMENTS WITH INSURANCE CARRIERS
 
05/10/04 HALLIBURTON COMPLETES HEARINGS ON CONFIRMATION AND ANTICIPATES AGREEMENTS WITH INSURANCE CARRIERS
 
02/11/04 INSURERS DENIED STANDING
 
01/28/04 EQUITAS AND HALLIBURTON SETTLE ASBESTOS INSURANCE CLAIMS
 
12/16/03 HALLIBURTON TAKES MAJOR STEP TO RESOLVE ASBESTOS AND SILICA LIABILITIES
 
12/12/03 Halliburton Provides Update On Vote for Subsidiaries' Plan of Reorganization
 
11/18/03 DII INDUSTRIES AND KBR BEGIN SUPPLEMENTAL SOLICITATION PROCESS
 
11/07/03 HALLIBURTON EXTENDS DEBT EXCHANGE OFFER
 
11/06/03 Halliburton Reaches Agreement in Principle to Limit Cash Required for Asbestos Settlement to $2.775 Billion
 
11/06/03 DII INDUSTRIES AND KELLOGG BROWN & ROOT EXTEND VOTING DEADLINE ON PLAN OF REORGANIZATION UNTIL NOVEMBER 19, 2003
 
09/29/03 HALLIBURTON WILL NOT REQUEST STAY EXTENSION
 
09/22/03 DII INDUSTRIES AND KBR BEGIN SOLICITATION PROCESS
 
09/02/03 HALLIBURTON UPDATES SETTLEMENT PROGRESS
 
07/22/03 COURT APPROVES REQUEST TO EXTEND STAY
 
07/21/03 HALLIBURTON REACHES AGREEMENT TO REQUEST STAY EXTENSION
 
06/23/03 HALLIBURTON ANNOUNCES OFFERING OF CONVERTIBLE SENIOR NOTES
 
06/20/03 HALLIBURTON PROVIDES UPDATE
 
06/06/03 HALLIBURTON UPDATES STATUS OF PROPOSED GLOBAL SETTLEMENT
 
03/21/03 HALLIBURTON ASBESTOS PLAINTIFFS AGREE TO EXTEND STAY UNTIL JULY 21, 2003
 
03/14/03 HALLIBURTON FILES AFFIDAVIT ON GLOBAL ASBESTOS SETTLEMENT
 
02/18/03 HALLIBURTON STAY CONTINUED UNTIL MARCH 21, 2003
 
01/17/03 HALLIBURTON ASBESTOS PLAINTIFFS AGREE TO EXTEND STAY
 
12/18/02 HALLIBURTON ANNOUNCES ASBESTOS SETTLEMENT CONFERENCE CALL
 
12/18/02 Halliburton Reaches Agreement in Principle To Achieve Global Settlement of Asbestos Claims
 
12/13/02 HALLIBURTON COURT HEARING EXTENDED
 
12/11/02 HALLIBURTON CLOSE TO AGREEMENT IN PRINCIPLE ON ASBESTOS CLAIMS
COMPANY SAYS DEAL IS NOT COMPLETE YET


More Press Releases for Asbestos >

Halliburtonís news releases are archived on this Web site for historical purposes. While the information in the releases was accurate at the time of release, information regarding the matters discussed in the releases, including material information, changes over time. Information in a release may, therefore, no longer be accurate or in effect after the date of the release, and Halliburton undertakes no duty to update such information.



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