March 12, 2009

HALLIBURTON CO: Barracuda-Caratinga Arbitration v. KBR Pending

COMPANIES: Halliburton Co | Halliburton Energy Services Inc | KBR Inc | Petrobras Energia SA
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Halliburton Company’s KBR, Inc. subsidiary is still facing Petrobras’ arbitration, which was commenced in March 2006, related to the Barracuda-Caratinga project.

The Company provided indemnification in favor of KBR under the master separation agreement for all out-of-pocket cash costs and expenses…

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