Baker Hughes Incorporated (NYSE:BHI) Files An 8-K Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure.

On March 2, 2017, Baker Hughes Incorporated (the Company) issued
a news release announcing that the Companys Chairman and Chief
Executive Officer, Martin Craighead, will present at the Scotia
Howard Weil Energy Conference in New Orleans on Tuesday, March
28, 2017, at 10:15 a.m. Eastern time. A copy of the press
release, the presentation and the script is furnished with this
Form 8-K as Exhibits 99.1, 99.2 and 99.3, respectively and
incorporated into this Item 7.01 by reference. In accordance with
General Instructions B.2. of Form 8-K, the information shall not
be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, except as shall be expressly set forth by
specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.
(Information furnished in this Item 9.01 is furnished to Item
9.01.)

(d) Exhibits.

*Filed herewith.

Additional Information and Where to Find It

In connection with the proposed transaction between GE and Baker
Hughes, the new NYSE listed corporation (Newco) will prepare and
file with the SEC a registration statement on Form S-4 that will
include a combined proxy statement/prospectus of Newco and Baker
Hughes (the Combined Proxy Statement/Prospectus). Baker Hughes
and Newco will prepare and file the Combined Proxy
Statement/Prospectus with the SEC, and Baker Hughes will mail the
Combined Proxy Statement/Prospectus to its stockholders and file
other documents regarding the proposed transaction with the SEC.
This communication is not a substitute for any proxy statement,
registration statement, proxy statement/prospectus or other
documents Baker Hughes and/or Newco may file with the SEC in
connection with the proposed transaction. INVESTORS AND SECURITY
HOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE
COMBINED PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE,
ANY AMENDMENTS OR SUPPLEMENTS TO THE COMBINED PROXY
STATEMENT/PROSPECTUS, AND OTHER DOCUMENTS FILED BY BAKER HUGHES
OR NEWCO WITH THE SEC IN CONNECTION WITH THE PROPOSED
TRANSACTION, BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT
INFORMATION. Investors and security holders will be able to
obtain free copies of the Combined Proxy Statement/Prospectus and
other documents filed with the SEC by Baker Hughes and/or Newco
through the website maintained by the SEC at www.sec.gov.
Investors and security holders will also be able to obtain free
copies of the documents filed by Newco and/or Baker Hughes with
the SEC on Baker

Hughes website at http://www.bakerhughes.com or by
contacting Baker Hughes Investor Relations at
[email protected] or by calling 1-713-439-8822.

No Offer or Solicitation

This communication is for informational purposes only and not
intended to and does not constitute an offer to subscribe for,
buy or sell, the solicitation of an offer to subscribe for, buy
or sell or an invitation to subscribe for, buy or sell any
securities or the solicitation of any vote or approval in any
jurisdiction to or in connection with the proposed transaction or
otherwise, nor shall there be any sale, issuance or transfer of
securities in any jurisdiction in contravention of applicable
law. No offer of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended, and otherwise in accordance
with applicable law.

Participants in the Solicitation

GE, Baker Hughes, Newco, their respective directors, executive
officers and other members of its management and employees may be
deemed to be participants in the solicitation of proxies in
connection with the proposed transaction. Information regarding
the persons who may, under the rules of the SEC, be deemed
participants in the solicitation of proxies in connection with
the proposed transaction, including a description of their direct
or indirect interests, by security holdings or otherwise, will be
set forth in the Combined Proxy Statement/Prospectus and other
relevant materials when it is filed with the SEC. Information
regarding the directors and executive officers of GE is contained
in GEs proxy statement for its 2017 annual meeting of
stockholders, filed with the SEC on March 8, 2017, its Annual
Report on Form 10-K for the year ended December 31, 2016, which
was filed with the SEC on February 24, 2017, and certain of its
Current Reports filed on Form 8-K. Information regarding the
directors and executive officers of Baker Hughes is contained in
Baker Hughes proxy statement for its 2017 annual meeting of
stockholders, filed with the SEC on March 9, 2017, its Annual
Report on Form 10-K for the year ended December 31, 2016, which
was filed with the SEC on February 8, 2017, and certain of its
Current Reports filed on Form 8-K. These documents can be
obtained free of charge from the sources indicated above.

Caution Concerning Forward-Looking Statements

This communication contains forward-looking statements as that
term is defined in Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of
1995, including statements regarding the proposed transaction
between GE and Baker Hughes. All statements, other than
historical facts, including statements regarding the expected
timing and structure of the proposed transaction; the ability of
the parties to complete the proposed transaction considering the
various closing conditions; the expected benefits of the proposed
transaction such as improved operations, enhanced revenues and
cash flow, synergies, growth potential, market profile, customers
business plans and financial strength; the competitive ability
and position of the combined company following completion of the
proposed transaction, including the projected impact on GEs
earnings per share; oil and natural gas market conditions; costs
and

availability of resources; legal, economic and regulatory
conditions; and any assumptions underlying any of the foregoing,
are forward-looking statements. Forward-looking statements
concern future circumstances and results and other statements
that are not historical facts and are sometimes identified by the
words may, will, should, potential, intend, expect, endeavor,
seek, anticipate, estimate, overestimate, underestimate, believe,
could, project, predict, continue, target or other similar words
or expressions. Forward-looking statements are based upon current
plans, estimates and expectations that are subject to risks,
uncertainties and assumptions. Should one or more of these risks
or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those
indicated or anticipated by such forward-looking statements. The
inclusion of such statements should not be regarded as a
representation that such plans, estimates or expectations will be
achieved. Important factors that could cause actual results to
differ materially from such plans, estimates or expectations
include, among others, (1)that one or more closing conditions to
the transaction, including certain regulatory approvals, may not
be satisfied or waived, on a timely basis or otherwise, including
that a governmental entity may prohibit, delay or refuse to grant
approval for the consummation of the proposed transaction, may
require conditions, limitations or restrictions in connection
with such approvals or that the required approval by the
stockholders of Baker Hughes may not be obtained; (2)the risk
that the proposed transaction may not be completed in the time
frame expected by GE or Baker Hughes, or at all; (3)unexpected
costs, charges or expenses resulting from the proposed
transaction; (4)uncertainty of the expected financial performance
of the combined company following completion of the proposed
transaction; (5)failure to realize the anticipated benefits of
the proposed transaction, including as a result of delay in
completing the proposed transaction or integrating the businesses
of GE, Baker Hughes and Newco; (6)the ability of the combined
company to implement its business strategy; (7)difficulties and
delays in achieving revenue and cost synergies of the combined
company; (8)inability to retain and hire key personnel; (9)the
occurrence of any event that could give rise to termination of
the proposed transaction; (10)the risk that stockholder
litigation in connection with the proposed transaction or other
settlements or investigations may affect the timing or occurrence
of the contemplated merger or result in significant costs of
defense, indemnification and liability; (11)evolving legal,
regulatory and tax regimes; (12)changes in general economic
and/or industry specific conditions, including oil price changes;
(13)actions by third parties, including government agencies; and
(14) other risk factors as detailed from time to time in GEs and
Baker Hughes reports filed with the SEC, including GEs and Baker
Hughes annual report on Form 10-K, periodic quarterly reports on
Form 10-Q, periodic current reports on Form 8-K and other
documents filed with the SEC. The foregoing list of important
factors is not exclusive.

Any forward-looking statements speak only as of the date of this
communication. Neither GE nor Baker Hughes undertakes any
obligation to update any forward-looking statements, whether as a
result of new information or development, future events or
otherwise, except as required by law. Readers are cautioned not
to place undue reliance on any of these forward-looking
statements.

About Baker Hughes Incorporated (NYSE:BHI)

Baker Hughes Incorporated is engaged in the oilfield services industry. The Company is a supplier of oilfield services, products, technology and systems used in the oil and natural gas industry around the world. The Company also provides industrial products and services for other businesses, including downstream chemicals, and process and pipeline services. It conducts its operations through its subsidiaries, affiliates, ventures and alliances. The Company has four geographical operating segments: North America, Latin America, Europe/Africa/Russia Caspian and Middle East/Asia Pacific. The Company also has an Industrial Services segment, which includes the downstream chemicals business and the process and pipeline services business. The Company’s oilfield products and services are of approximately two categories, Drilling and Evaluation or Completion and Production. The Company’s Industrial Services consists of its downstream chemicals and process, and pipeline services businesses.

Baker Hughes Incorporated (NYSE:BHI) Recent Trading Information

Baker Hughes Incorporated (NYSE:BHI) closed its last trading session down -0.37 at 57.70 with 1,854,587 shares trading hands.