EXTRACTS OF RELEVANT BOARD RESOLUTIONS REGARDING CHANGE IN

HALLIBURTON DIRECTORS IN HLSA

1 APPOINTMENT OF DIRECTORS (AS APPROVED IN BOARD MEETING HELD ON

23RD MARCH 2005)
“RESOLVED THAT as per Halliburton’s advise and as per consent received from
proposed appointees, Mr. James F. Herald and Mr.Joe Don Rainey, be and are hereby
appointed as Directors of the Company to fill up the casual vacancy caused due to Mr.
Charles Cuthbert Ignatious Jeyretnem and Mr.Steve Allen Watson vacating their office as
Directors of the Company, pursuant to section 262 of the Companies Act, 1956.
2 RESIGNATION OF DIRECTORS & THEIR ALTERNATES (AS APPROVED IN BOARD
MEETING HELD ON 9TH NOVEMBER 2005)
Chairman informed that in the recent past it was agreed between Halliburton & HLSA to
reduce number of Directors. In this connection Company was notified of following
resignations from the office of Director & Alternate Director in HLSA:
1) Mr. Joe Don Rainey, as Director
2) Mr. I. L. Chhabra, as Director
3) Mr. C.K. Singhal, as Director
4) Mr. Chas Charles, as Alternate Director
5) Mr. Kulin Asher, as Alternate Director.
Further due to relinquishment of charge as Director by Mr. Joe Don Rainey, the office of
Alternate Director to him presently being held by Mr. Steve Allen Watson, also deemed to
be vacated.
The aforesaid resignations were placed before the Board for acceptance which were
accepted with regret and accordingly following resolution was passed.
“RESOLVED THAT while expressing sincere appreciation of the Board for the efficient,
matured and valuable advice of Mr. Joe Don Rainey, Mr. C. K. Singhal, Mr. I.L. Chhabra,
Mr. Steve Allen Watson, Mr. Chas Charles and Mr. Kulin Asher as Directors / Alternate
Directors to this Company during the tenure of their office, their resignations be and are
hereby accepted being effective from conclusion of this Meeting.”
“RESOLVED FURTHER THAT the Secretary of the Company be and is hereby
authorized to file Form 32 with Registrar of Companies.”
3 APPOINTMENT OF ALTERNATE DIRECTORS (AS APPROVED IN BOARD MEETING
HELD ON 9TH NOVEMBER 2005)
Company Secretary informed that consequent upon aforesaid changes in Directorship &
Alternate Directorships in HLSA, as per advise from concerned Directors/ Halliburton and
as per consent received from the proposed appointees, following appointments have
been proposed as Alternate Directors:
(i) Mr. Joe Don Rainey as Alternate Director to Mr. Husain Suleman
(ii) Mr. Bruce William Roddam Baird as Alternate Director to Mr. James F.
Herald.
(iii) Mr. C.K. Singhal as Alternate Director to Mr. B.L. Ahuja
Accordingly following resolution was approved by the Board:
“RESOLVED THAT as per advise of concerned Directors/ Halliburton and as per
consent received from proposed appointees, Mr. Joe Don Rainey be and is hereby
appointed as Alternate Director to Mr. Husain Suleman, Mr. Bruce Baird be and is hereby
appointed as Alternate Director to Mr. James F.Herald and Mr. C.K. Singhal be and is
hereby appointed as Alternate Director to Mr. B.L. Ahuja, pursuant to section 313 of the
Companies Act, 1956.
“RESOLVED FURTHER THAT Form No. 29 and 32 be filed with the Registrar of

Extracts of Board Meetings Page 1 of 2 February 28, 2006

 Companies by the Secretary of the Company.”

Extracts of Board Meetings Page 2 of 2 February 28, 2006