X0202 3 2005-02-28 0 0000808362 BAKER HUGHES INC BHI 0001319699 Craighead Martin S 2001 RANKIN ROAD HOUSTON TX 77073 0 1 0 0 Vice President Common Stock, $1.00 par value 210.9485 D Common Stock, $1.00 par value 2712.0000 D Stock Option (right to buy) 32.50 2003-01-30 2012-01-30 Common Stock, $1.00 par value 3000.00 D Stock Option (right to buy) 24.94 2003-07-24 2012-07-24 Common Stock, $1.00 par value 3000.00 D Stock Option (Right to Buy) 29.25 2004-01-29 2013-01-29 Common Stock, $1.00 par value 4000.00 D Stock Option (right to buy) 32.62 2004-07-22 2013-07-22 Common Stock, $1.00 par value 4000.00 D Stocl Option (right to buy) 35.81 2005-01-28 2014-01-28 Common Stock, $1.00 par value 6500.00 D Stock Option (Right to Buy) 39.23 2005-07-28 2014-07-28 Common Stock, $1.00 par value 8800.00 D Stock Option (Right to Buy) 42.60 2006-01-26 2015-01-26 Common Stock, $1.00 par value 4800.00 D Restricted Stock Award vests one-third each year, beginning January 26, 2006. This option vests in three equal annual installments, beginning January 26, 2006. Sandra E. Alford, Attorney-in-Fact 2005-03-03