19/06

BHP Billiton today announced it had reached agreement with a number of its Japanese, Korean and European steel customers on prices for contracted iron ore tonnage for the 2006 contract year.

Prices increased by 19% over prices negotiated in respect of the 2005 year across the range of lump and fines iron ore products supplied by BHP Billiton.

For further information please contact:

Australia  
Samantha Evans, Media Relations      
Tel:  +61 3 9609 2898  Mobile: +61 400 693 915
mailto:Samantha.Evans@bhpbilliton.com

Jane Belcher, Investor Relations
Tel:    +61 3 9609 3952  Mobile: +61 417 031 653
mailto:Jane.H.Belcher@bhpbilliton.com

United Kingdom
Mark Lidiard, Investor & Media Relations
Tel:    +44 20 7802 4156  Mobile: +44 7769 934 942
mailto:Mark.T.Lidiard@bhpbilliton.com

Illtud Harri, Media Relations
Tel:    +44 20 7802 4195  Mobile: +44  7920 237 246
mailto:Illtud.Harri@bhpbilliton.com

United States        
Tracey Whitehead, Investor & Media Relations
Tel:  US +1 713 599 6100 or +44 20 7802 4031
Mobile: +44 7917 648 093
mailto:Tracey.Whitehead@bhpbilliton.com

South Africa
Alison Gilbert, Investor Relations
Tel:    +27 11 376 2121  UK +44 20 7802 4183
mailto:Alison.Gilbert@bhpbilliton.com