Preliminary Approval Granted in Class Action Settlement Involving Purchasers of Halliburton Common Stock

DALLAS, April 21, 2017 /PRNewswire/ --

SUMMARY NOTICE OF (I) PROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING; AND (III) MOTION FOR AN AWARD OF ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES

TO:      ALL PERSONS WHO purchased OR OTHERWISE ACQUIRED THE PUBLICLY-TRADED COMMON STOCK OF HALLIBURTON COMPANY ("HALLIBURTON") (trading symbol NASDAQ:HAL) between AUGUST 16, 1999 and DECEMBER 7, 2001, INCLUSIVE:

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Northern District of Texas, that a hearing will be held on July 31, 2017, at 9:00 A.M., before the Honorable Barbara M. G. Lynn at the Earle Cabell Federal Building, 1100 Commerce St., Courtroom 1570, Dallas TX 75242, for the purpose of determining: (1) whether the proposed settlement for the sum of one hundred million dollars ($100,000,000) in cash should be approved by the Court as fair, reasonable and adequate; (2) whether, after the hearing, this Action should be dismissed with prejudice pursuant to the terms and conditions set forth in the Stipulation and Agreement of Settlement dated as of February 21, 2017; (3) whether the Plan of Allocation is fair, reasonable and adequate and should be approved; and (4) whether the application of Class Counsel (or any other counsel) for the payment of attorneys' fees and reimbursement of expenses incurred in this Action should be approved.

If you purchased or otherwise acquired Halliburton common stock (trading symbol NASDAQ:HAL) between August 16, 1999 and December 7, 2001, inclusive, your rights may be affected by the settlement of this Action. If you have not received a detailed Notice of Pendency of Class Action and Proposed Settlement, Motion for Attorneys' Fees and Settlement Fairness Hearing ("Notice") and a copy of the Proof of Claim and Release, you should obtain copies by writing to Halliburton EPJ Fund Securities Litigation, c/o JND Class Action Administration, P.O. Box 6847, Broomfield, CO 80021, or by visiting the website at www.halliburtonepjfundsecuritieslitigation.com. The Notice contains details about this Action and settlement, including what you must do to exclude yourself from the settlement, object to the terms of the settlement, or file a Proof of Claim. If you are a Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release postmarked no later than August 12, 2017, establishing that you are entitled to recovery.

If you desire to be excluded from the Class, you must submit a Request for Exclusion postmarked by July 10, 2017, in the manner and form explained in the detailed Notice referred to above. All Members of the Class who have not timely and validly requested exclusion from the Class will be bound by any judgment entered in the Action pursuant to the terms and conditions of the Stipulation of Settlement. Your objection must be postmarked on or beforeJuly 10, 2017 to each of the following (1) the Court; (2) Boies, Schiller & Flexner LLP and Kahn Swick & Foti, LLC, on behalf of the Lead Plaintiff; and (3) Counsel for the Defendants at the following addresses:

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE. If you have any questions about the settlement, you may contact Class Counsel for Lead Plaintiff and the Class at the address listed above.

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SOURCE JND Class Action Administration