Common Retirement Planning Mistakes...term investment prospect, not a short-term money-making strategy. Taking a loan. Borrowing against your retirement account can be tempting when

According to the 2010 Wells Fargo Retirement Study, 65% of Americans think they are not saving enough

for retirement. You can close that gap. Here are four common mistakes to avoid when retirement planning.

TrustTalk Current news concerning your retirement plan

Summer 2011

Not maximizing your match.

You need to contribute at least 6% of your salary to take full advantage of the company match, and you can contribute up to $16,500 a year ($22,000 a year if you’re 50 or older), per IRS rules. Halliburton offers a dollar-for-dollar company match on the first 4% that you contribute and $0.50 on the next 2% that you contribute, for a total of a 5% company match. Not maximizing the company match is leaving money on the table — money that will come in handy when you retire.

Common Retirement Planning Mistakes

Failing to diversify.

When it comes to planning for your retirement, make sure your investments are in different baskets to protect your nest egg. A diversified portfolio helps manage risk by combining a variety of investments; if one investment loses value, gains in others can offset your losses. Without diversification — taking into account your age, retirement goals and risk tolerance — you are subjecting yourself to higher risk. A properly diversified portfolio will help you minimize your risk while maximizing your return.

Trying to predict the market.

Without a crystal ball, it’s difficult to accurately predict the market and know when you should buy and sell. The one-year holding periods for the S&P 500 have very inconsistent consistent patterns of highs and

Trust Talk is published quarterly by the Halliburton Trust Investments Department. It is designed to provide members of the Halliburton Savings Plan and Halliburton Retirement and Savings Plan (referred to collectively as the retirement plan) with conventional wisdom on saving and investing. The information included in Trust Talk is not intended as financial advice. You may want to consult a financial advisor before making any investment decisions.

Suggestions or comments about Trust Talk can be sent to Sharon Parkes or Maria Bacaling, Trust Investments Department, 10200 Bellaire Blvd., Houston, Texas 77072.

lows. So if you buy and sell according to market cycles and indicators, your timing may be off and you could fall short. In fact, most investment professionals don’t endorse market timing strategies. Saving for retirement is a long-term investment prospect, not a short-term money-making strategy.

Taking a loan.

Borrowing against your retirement account can be tempting when making a big purchase such as a home, but 401(k) loans are often a costly mistake. Yes, you pay the money you borrow back to yourself rather than to a bank. But experts say that most 401(k) participants who take out loans will probably stop contributing to their retirement savings while repaying the loan. And while you may pay yourself back the interest, the money you take out doesn’t have the chance to grow and compound, so you are losing out on the long-term earnings potential. Finally, if you leave your job before repaying the loan, you have to pay back the loan in full or pay the early withdrawal penalty and taxes.

Terms Every Investor Should Know

DiD

Yo

u K

no

w?

Diversification — A portfolio strategy designed to reduce exposure to risk by combining a variety of investment classes, such as stocks and bonds, which are unlikely to all move in the same direction at the same time. The goal is to reduce the risk in your portfolio.

Tax-Deferred Account — An account, such as an IRA or the Halliburton retirement plan, which can earn dividends, interest and capital gains without being subject to annual income tax. Only when withdrawals are taken from the account, typically during retirement, are taxes due.

Tax-Free Contribution — Tax-free contributions are made before federal, state and local (if applicable) taxes are taken out. Your contributions to the Halliburton retirement plan are tax-free.

Catch-Up Contribution — Beginning in the calendar year in which you reach age 50, you can make what the IRS calls “catch-up contributions” of up to $5,500 to plans like the Halliburton retirement plan. This is in addition to the regular pre-tax limit of $16,500 for 2011. This means in 2011 you can contribute up to 50% of your income to the limit of $22,000 pre-tax dollars.

2

Everyone has questions about retirement, although the questions will likely change depending on your age. Your questions about retirement savings in your 20s are going to be quite different than the ones you ask in your 50s. Let’s take a look at some

common questions for each age group, and their answers.

20s Why should I start saving now? It seems too early.It’s never too early to save. By starting now you’re doing yourself a huge favor. Assuming

an 8% return, an investor who starts saving at 25 and invests $5,000 a year for 40 years ends up with $1,398,905. Compare that to an investor who starts at age 35 and invests $5,000 a year for 30 years and ends up with $611,729. Thanks to the power of compounding, the sooner you start, the more you’ll have.

Why should I invest in the Halliburton retirement plan?When you invest, Halliburton adds money to your account through the company match. Also, the retirement plan is the easiest way to start saving for your retirement. Your tax-free contributions are made through convenient payroll deductions, so saving is automatic. In addition, your earnings grow tax-free too, boosting your savings potential.

Frequently Asked Questions about Retirement Planning

I’m just starting out and don’t have money to save. What can I do?Save what you can in the Halliburton retirement plan, even if it’s only a small amount initially. Look at your spending habits and find ways to save. Increase your contribution amount whenever you can, such as when you get a raise or pay off your car. If you contribute more, Halliburton does too, through the company match. Go to www.halliburton.com/totalrewards to make sure you are maximizing the match.

What is the Halliburton match?

The company matches dollar for dollar on the first 4% you contribute and $0.50 on the next 2% you contribute, for a total of a 5% company match. Your contributions are made on pre-tax basis. You need to contribute at least 6% of your income to receive the full match.

In addition, you automatically receive a 4% basic contribution, even if you choose not to invest anything else. However, you only receive the match if you contribute.

3

30s I didn’t save anything in my 20s. What should I do?Start today. Take full advantage of the Halliburton match and then contribute anything additional

you can. Per IRS rules, you can contribute up to $16,500 a year pre-tax in the Halliburton retirement plan. Go to www.halliburton.com/totalrewards to get started.

How do I know which Halliburton fund to invest in?Which fund or funds you invest in depends on your risk tolerance, time horizon and retirement goals. You might consider one of the Halliburton Premixed Portfolios. The Premixed Portfolios are lifestyle funds that base their asset allocation on targeted risk and return profiles: aggressive, moderate, conservative and stable value. You select the Premixed Portfolio that best fits your investment objectives and tolerance for risk. Generally, a more aggressive approach is advised for younger investors. As you get closer to retirement, you can switch to a more conservative fund.

I want to buy a house, but don’t have a down payment. Can I take a loan from my Halliburton retirement plan account?You can take a loan or withdrawal from the retirement plan. Specific rules and guidelines apply to loans and withdrawals which are available in the Summary Plan Description. Think carefully though, as this has a long-term impact on your retirement savings and could delay your retirement start-date. In most cases, you are financially better off waiting to buy a house until you’ve saved the down payment. Keep your retirement savings for retirement.

40s How can I save for both retirement and my kids’ education?It is wonderful gift to pay for your children’s higher education costs,

but not if it puts your own financial future at risk. No matter what, you should continue to contribute to the Halliburton retirement plan. Your financial advisor can help you set up an education fund for your child, while still making sure you continue to reach your retirement goals.

If I live until I’m 80, how can I make sure I have enough money in retirement?Save as much as you can now in the Halliburton retirement plan, and in your personal savings accounts and IRAs. Also, retiring later can help ensure you have enough money to last through your retirement. Finally, the way you invest your money is important before and even during retirement, since you’ll need to keep your money invested even as you’re drawing income. Use the Fidelity retirement calculators to develop an action plan.

Is it too late to start if I’m just starting out? Better late than never! It’s critical to start saving as much as you can afford. You can invest from 1% to 50% of your income in the Halliburton retirement plan, up to the IRS limit. Go to www.halliburton.com/totalrewards to increase your contributions to the retirement plan.

What is the IRS Contribution Limit?

The IRS 2011 limit for 401(k) contributions is $16,500. Beginning in the calendar year in which you turn 50, you can contribute up to an additional $5,500 per year, for a total of $22,000.

4

50s When can I start taking withdrawals or distributions from my investments (like the Halliburton retirement plan, Social Security or an IRA)?

The age you can start taking withdrawals or distributions depends on the type of plan or investment. For Social Security, the earliest you can receive benefits is age 62. For most other retirement savings plans, including IRAs and the Halliburton retirement plan, you can take distributions early, but you will pay an IRS penalty. For example, you can begin to take withdrawals from the Halliburton retirement plan at age 59½ while actively employed; however, distributions prior to age 59½ can only occur if you are no longer employed by the company and carry a 10% federal excise or “penalty” tax, in addition to the IRS mandatory 20% tax withholding. Talk with your financial advisor about the correct distribution strategy for you.

I’m still a little behind. What can I do to catch up?Beginning in the calendar year in which you turn 50, you can make what the IRS calls “catch-up contributions” of $5,500. This means you can contribute up to 50% of your income up to the $22,000 limit with pre-tax dollars each year. Want to increase your contribution? Go to www.halliburton.com/totalrewards.

Should I be thinking about retiree medical coverage and how it will affect my retirement budget?Yes, you should. Even with Medicare coverage, retiree medical expenses can eat up a lot of your retirement savings. Fidelity predicts that a 65-year-old couple who retired in 2010 will need more than $250,000 just to cover out-of-pocket health care costs during retirement. If you retire before you’re eligible for Medicare, you’ll need even more. As you continue to plan for retirement, consider your current overall health and your family history. Continue to get regular preventive exams and treat any conditions you do have. And keep saving!

60s Should I make any changes to my investment strategy, now that I’m close to retirement?Yes, it is generally suggested that as you get closer to retirement,

you should take a more conservative approach to protect against market swings. The Halliburton retirement plan offers conservative investments, such as the Stable Value and Conservative Premixed Portfolios. They focus on preserving principal, which is a key driver as you head into retirement. For more information on the funds available to you, see the 2010 Investment Highlights.

What if I don’t have enough saved?There are a few things you can do. First, be realistic about the type of retirement you want to have (see Savings and Your Retirement Lifestyle on page 7). Next, talk with your spouse and financial advisor about your finances and where you may be falling short. Then make a plan, which could include delaying Social Security benefits, reducing housing expenses and/or working longer.

Should I pay off my mortgage before I retire?Not having a mortgage during retirement is ideal. Consider how you will pay off your mortgage and how close you are to paying it off. If you have adequate money saved to pay it off and only a year or two left on your mortgage, this may be a good choice. However, if you will have to seriously dip into your retirement savings, it may make more sense to continue to make monthly mortgage payments. Your financial advisor can advise you on the best course of action.

5

Not surprisingly, where you are in your life affects how you invest. Generally, you will become more interested in investing the closer you get to retirement. According to a 2010 study by Wells Fargo, your age also affects how you feel

about your retirement savings and investment progress.

How Do You Feel About Retirement?

So what does this mean for you? Read ahead to the next decade. In your 20s you may feel confident about the future, and retirement seems like a long way off. But look at the 33% of people in their 60s who can’t retire at their desired retirement age — they probably wish they had saved more early on. If you are in your 30s, consider that you may feel stretched in your 40s, so think about what you can do now to avoid feeling the pinch in the future. Whatever your age, the number one thing you need to do is save.

Out of SightOut of Mind

SaveAggressively

ContinueWorking

SavingEnough

FundRetirement

KeepWorking

NotConfident

VeryConfident

Age Key Findings

25 to 29 Retirement is out of sight and out of mind. Most never think about retirement let alone worry about it. Probably aren’t saving much — if anything. Confident they will save enough to live the retirement they want.

30 to 39 About 60% heavily use 401(k)s and brokerage accounts for funding retirement. Very confident they are saving enough to live the kind of retirement they want.

40 to 49 Other financial priorities, college expenses and concerns about the job market means they are not confident they will be able to save enough for the retirement they want. Many expect to work into retirement to make ends meet.

50 to 59 Rely heavily on pensions to fund retirement and have faith in Social Security coming through. They are aggressive savers, closest age group to meeting their savings goal, have less debt and more investable assets (four in ten have saved $100,000 or more).

60 to 69 Many feel prepared for retirement, but 30% do not. Forty percent do not know how much money they will need to retire. Many will fully retire, but 33% will need to continue working for financial reasons.

Source: 2010 Wells Fargo Retirement Study

6

When it comes to retirement everyone has a different idea about how they want to spend their days. Do you want to travel to exotic places? Are you dreaming of retiring near the beach somewhere? Is your ideal

retirement perfecting your golf game? Determining your desired retirement lifestyle is a key factor in knowing how much you should save.

Typically, a financial planner’s rule of thumb is to consider 60 – 70% of pre-retirement income as enough to retire on with a reasonable standard of living. However, rules of thumb do not take into consideration your individual circumstances. Think about what kind of retirement lifestyle you want to have and then compare it to the stories of Mark, Beth and Kyle.

Mark and His $500,000 Retirement

Mark saved a $500,000 retirement nest egg and has an annual retirement income of $70,000 made up of his Social Security, Halliburton retirement plan distributions and personal savings. According to a study by Aon, about $45,000 will go to pay for basics, such as food, housing, health care and taxes. With a cushion of about $25,000 a year, Mark will put a down payment on a used RV and tour the country with his wife. Costs will continue to rise in retirement, and long-term care medical expenses could eat up some of that difference. If Mark lives a long time, he may have to use that cushion for basic expenses.

Beth and Her $1 Million Retirement

Beth has saved $1 million and now has an annual retirement income of about $90,000. Her essential expenses

remain the same (though her mortgage is paid off, so she doesn’t have housing costs). After paying food, health care, taxes and other essentials, Beth has $45,000 a year. She plans to take up golf at the local country club and take the grandkids on a cruise each year. She may need to hold some savings, as costs are expected to rise over time for long-term care and medical expenses. If there’s anything left over, she plans to leave it to her children.

Kyle and His $2 Million Retirement

Kyle saved $2 million to fund the retirement of his dreams on the beach in Florida. He has a $130,000 annual retirement income. He has a higher tax bill, as most of his Social Security benefits before age 70 are taxable (while they are tax-free for lower-income retirees), and all of his income from retirement accounts (other than Roth IRAs) are taxed at his regular rate. Kyle can purchase the condo of his dreams in Florida and the convertible he always wanted, and still have money left over. Costs will continue to rise and he needs to ensure he will have enough money to last in retirement, including money for long-term care and medical expenses.

Talk with your spouse and financial advisor to set goals and

determine the retirement lifestyle you want. There

isn’t a one size fits all answer to the question “How much should I save?” One thing is certain; no one gets

into trouble because they saved too much. If you haven’t started

saving for your retirement or want to change your

contribution, now is the time. Halliburton makes it easy — visit

www.halliburton.com/totalrewards.

Savings and Your Retirement Lifestyle

7

Slow Growth in Second Quarter Leads to Continued Investor UncertaintyIn the second quarter of 2011 investment markets were driven by growing concerns about government debt both in the U.S. and Europe, uncertainty about the future direction of the U.S. Federal Reserve and growing concerns about slowing economic growth. All of this combined to keep the value of risky assets like stocks flat for the quarter while more secure assets, like government bonds, produced positive returns. The U.S. economy is estimated to have grown at a 1.3% annual rate in the second quarter, better than the revised 0.4% growth in the first quarter of 2011, but too low to indicate sustained growth. In the U.S., the unemployment rate increased steadily from 8.8% in March to 9.2% in June. Amid this challenging environment, the U.S. Federal Reserve continued to keep short-term interest rates at near zero levels and the U.S. 10 Year Treasury yield fell from 3.5% to 3.2%, as investor demand for safe assets rose amid growing concerns of an economic slowdown.

During the second quarter U.S. equity markets had mixed results as the performance of large cap stocks was generally flat and small cap stock returns were moderately negative as lower future growth was incorporated into market prices. While large cap stocks outperformed small cap stocks, mid cap stocks were the strongest performers overall. Growth oriented stocks outpaced their value counterparts across all market caps. Five of the ten sectors of the Russell 1000 indices reported positive returns for the quarter led by the health care, consumer staples and utilities sectors. The financials and energy sectors, last quarter’s strongest sectors, reported the weakest returns during the second quarter.

Market Update

Newsstand

In non-U.S. markets, the European Central Bank deemed regional activity healthy enough to raise interest rates for the first time in three years, driving the Euro currency higher. The developed country MSCI EAFE Index gained 1.8% in the second quarter including a 2.3% boost from currency. In local currency terms, the non-U.S. markets had a - 0.5% return. The best performing countries were New Zealand (10.9% return), Ireland (7.4% return) and Switzerland (5.2% return). Greece and Finland were the worst two performing countries returning -17.9% and -10.3%, respectively. On a sector basis, only the consumer discretionary and utilities sectors posted positive results, while performance in the energy and health care sectors posted the worst returns during the quarter. The emerging markets posted -1.0% for the quarter after a slightly positive first quarter. The worst performing emerging markets countries for the quarter were Peru, Russia and Turkey.

Evidence of economic slowdown in the U.S. at the end of the second quarter combined with European sovereign debt concerns drove investors back to U.S. Treasuries as a perceived safe haven. As a result, U.S. Treasury yields fell and corporate spreads widened as higher credit quality and more defensive issues outperformed lower quality and higher volatility securities. In this market environment, the Barclays Capital U.S. Aggregate Index gained 2.3% for the quarter. Relatively strong performance from municipals (3.9% return) was driven primarily by a lack of supply. In a reversal from the previous quarter, high yield securities posted weak performance during a pull back in June, as the Barclays Capital High Yield Index returned 1.1% for the quarter.

8

Converting Your Assets into Retirement IncomeYou’ve prepared for retirement: you took advantage of the Halliburton match, tucked away additional money and sometimes chose saving over a new car or vacation. But now that you’re ready to retire, you still have work to do. You need to convert your assets into retirement income. Start by reviewing your assets and consider how they fit into these three distinct categories:

• Taxable investments (personal savings and investment accounts),

• Tax-favored investments (the Halliburton retirement plan and traditional IRAs),

• And tax-free investments (Roth IRAs).

Category #1: Taxable Investments

This category includes investments that are taxable, such as your personal savings account. Most financial planners recommend using these investments first, since the capital gains tax rate may be more favorable than the ordinary income tax rate you pay when withdrawing from such tax-deferred accounts as an IRA or 401(k). Also, if you retire early, it makes sense to withdraw from these accounts first, because distributions from your Halliburton retirement plan and IRAs usually involve penalties before age 59½.

Category #2: Tax-favored Investments

Your second category includes your tax-favored accounts, such as your Halliburton retirement plan or any traditional IRAs you have. You may want to consider leaving these funds untouched until your taxable investments are depleted, so they can continue to accumulate earnings tax-deferred as long as possible.

However, the IRS requires you take minimum distributions from your Halliburton retirement plan and IRAs by April 1 of the year after you reach age 70½. Failure to take those distributions or withdraw a large enough amount results in a hefty 50% excise tax on the amount not distributed.

Category #3: Tax-free Investments

The third and final category includes your tax-free investments, such as Roth IRAs. It’s generally recommended to tap these investments last, since there are no minimum withdrawal rules for a Roth and your earnings continue to grow tax-free.

The other benefit to withdrawing from your Roth investments last is that they provide valuable estate planning benefits. Your heirs will be able to spread out their withdrawals over their lifetimes, allowing the account to continue increasing in value.

Your Next Step

Once you’ve divided your assets up on paper, develop a strategy that is integrated into your overall retirement, tax-planning and estate planning strategy to achieve your financial goals. Also, take time to understand the rules, penalties and tax liabilities associated with each of your investments. Work with your financial advisor to set the strategy that is right for you. Your ultimate goal is to manage the retirement income you have.

Newsstand

Retiree Corner

You Could Have More If You ... Delay Collecting Social Security

Fas

t F

ac

ts When it comes to Social Security, the earlier you

collect, the lower your monthly benefit. The minimum age for drawing Social Security benefits is 62, but you receive a permanently reduced benefit by collecting before your full retirement age, which ranges from 65 to 67, depending on the year you were born. For example, if your full retirement age is 67, here is how your Social Security benefit is impacted if you collect before age 67:

AgeReduction of

Social Security Benefit62 30%63 25%64 20%65 13.3%66 6.7%67 0%

Source: Social Security Administration

As you can see, at your full retirement age, you receive 100% of your benefit (which is shown as a 0% “reduction”), but prior to that you’re receiving a reduced benefit. Most financial planners recommend delaying benefits as long as possible.

9

Halliburton Company Employee Benefit Master Trust for the period ended June 30, 2011

Performance 10 Years* 5 Years* 3 Years* 1 Year 2nd Quarter

PREMixEd PoRtfolios Stable Value Premixed Portfolio 4.9% 4.6% 4.1% 3.6% 0.9%Hueler stable Value Pooled fund index 4.4% 3.9% 3.3% 3.0% 0.7%Conservative Premixed Portfolio (CPP) *** n/a 5.8% 5.5% 13.9% 0.9%CPP index Composite n/a 5.0% 4.7% 14.0% 0.8%Moderate Premixed Portfolio (MPP) 6.6% 6.3% 6.1% 22.7% 1.1%MPP index Composite 5.8% 5.3% 5.1% 21.2% 0.9%Aggressive Premixed Portfolio (APP) 5.5% 4.7% 3.2% 32.8% 0.6%APP index Composite 5.0% 3.6% 2.8% 31.5% 0.1%siNglE foCUs fUNds Bond Index Fund 5.7% 6.5% 6.4% 3.7% 2.2%lehman Aggregate Bond index 5.7% 6.5% 6.5% 3.9% 2.3%Balanced Fund 6.4% 5.8% 5.4% 20.5% 0.9%Balanced fund index Composite 4.1% 4.6% 4.9% 20.9% 0.9%Large Cap Value Equity Fund 4.5% 2.1% 2.8% 31.2% -0.1%Russell 1000 Value index 4.0% 1.2% 2.3% 28.9% -0.5%S&P 500 Index Fund 2.6% 2.9% 3.3% 30.5% 0.0%s&P 500 index 2.7% 2.9% 3.3% 30.7% 0.1%Large Cap Growth Equity Fund 1.2% 3.1% 0.4% 32.2% 0.8%Russell 1000 growth index 2.2% 5.3% 5.0% 35.0% 0.8%Non-U.S. Equity Fund 8.1% 5.6% 0.6% 33.0% 1.6%MsCi ACWi ex U.s. ** 7.0% 3.7% -0.3% 29.7% 0.4%Mid Cap Equity Index Fund *** n/a 6.5% 7.6% 39.1% -0.8%s&P MidCap 400 index n/a 6.6% 7.8% 39.4% -0.7%Small Cap Equity Fund 5.3% 4.8% 11.6% 38.2% -1.9%Russell 2000 index 6.3% 4.1% 7.8% 37.4% -1.6%* Annualized.** Returns prior to January 1, 2005, include MSCI EAFE Index, the previous fund benchmark. *** Mid Cap Equity Index Fund was not in existence until January 1, 2005. The Conservative Premixed Portfolio was not in existence until January 1, 2006.

General Investment Policy Index (Benchmark) Composite Balanced Aggressive Moderate ConservativeU.S. stocks Russell 3000 Index 70.0% 43.0% 26.0%S&P 500 Index 65.0%

Non-U.S. stocks MSCI ACWI ex. U.S. — 30.0% 19.0% 12.0%U.S. broad market bonds Barclays Capital U.S. Aggregate Bond Index 35.0% — 33.0% 20.0%U.S. high yield bonds Bank of America Merrill Lynch High Yield Bond Index — — 5.0% 4.0%Hueler Stable Value Pooled Fund Index — — — 38.0%

Fund Performance Update

10

Performance NotesTo help you better understand how your funds are performing, the funds are compared with appropriate indices or with composite index returns. The composites are created by blending together index returns in proportion to the investment policy of each fund (see the chart “General Investment Policy Index (Benchmark) Composite” on the bottom of page 10).

Performance data represents past performance; no assurance can be made regarding future results.

Index Definitions*

Bank of America Merrill Lynch High Yield Bond Index is an index of U.S. corporate bonds that are rated less than investment grade but are not in default.

Barclays Capital U.S. Aggregate Bond Index is an index of U.S. bonds, including government, corporate, mortgage-backed and asset-backed securities.

Hueler Stable Value Pooled Fund Index is an index of stable value pooled funds available to investors through employer-sponsored retirement plans.

MSCI (Morgan Stanley Capital International) All Country World Index (ACWI) ex. U.S. is an index of non-U.S. stock securities listed on the stock exchanges of developed and emerging markets.

Russell 1000 Growth Index focuses on the 1,000 largest companies in the Russell 3000 Index that have lower dividend yields and above-average growth rates.

Russell 1000 Value Index focuses on the 1,000 largest companies in the Russell 3000 Index that have higher dividend yields and below-average growth rates.

Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index.

Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization. It is used as a general measure of U.S. stock market performance.

Standard & Poor’s 500 Index is a popular standard for measuring large-cap U.S. stock market performance. The index includes a representative sample of 500 leading companies in prominent industries.

Standard & Poor’s MidCap 400 Index is a popular standard for measuring mid-cap U.S. stock market performance. The index includes a representative sample of 400 leading companies in prominent industries with a market capitalization of approximately $1 – $4 billion.

* You cannot invest in any of these indices. Fund holdings will differ from index holdings.

For account information, go to www.halliburton.com/totalrewards if you are an active employee (if you are a former employee, go to www.netbenefits.com) or call the Halliburton Benefits Center automated telephone system at (866) 321-0964.

11

10200 Bellaire Blvd.

Houston, TX 77072

We encourage you to call the Trust Investments Department at (281) 575-3316 with any suggestions or comments regarding Trust Talk. You can expect the next issue in November 2011.

What's Inside

Trus

tTalk

Summer 2011

PRSRT STDU.S. POSTAGE

PAIDADDISON, TXPERMIT NO. 6

NON PROFITORGANIZATIONU.S. POSTAGE

PAIDADDISON, TXPERMIT NO. 6

PRESORTEDFIRST-CLASS MAIL

U.S. POSTAGE PAID

ADDISON, TXPERMIT NO. 6

Four Common Retirement Planning Mistakes

Frequently Asked Questions about Retirement Planning

How Do You Feel About Retirement?

Savings and Your Retirement Lifestyle

1 3 6 7