X0306 4 2014-02-27 0000808362 BAKER HUGHES INC BHI 0001360666 Ragauss Peter A 2929 ALLEN PARKWAY, SUITE 2100 HOUSTON TX 77019 1 Sr. Vice President and CFO Common Stock, $1.00 Par Value 2014-02-27 4 S 0 10000 61.951 D 110476.1465 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan as adopted by the reporting person on February 6, 2014. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.68 - $62.34, inclusive. The reporting person undertakes to provide to Baker Hughes Incorporated, any security holder of Baker Hughes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. /s/ Lee Whitley, Attorney-in-Fact 2014-03-03