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Demerger of BHP Steel and Forecast Financial Information (343.66 KB)

Number: 21/02

BHP Billiton today announced additional details of the planned demerger arrangements for BHP Steel and provided draft financial forecasts for BHP Steel for the years ending 30 June 2002 and 30 June 2003.

The additional information is provided in accordance with continuous disclosure requirements and market practice in Australia.  A copy of the announcement to the stock exchange is attached.

Australia
Dr Robert Porter, Investor Relations
Tel:    +61 3 9609 3540
Mobile: +61 419 587 456
E-Mail:Robert.Porter@bhpbilliton.com

Michael Buzzard, Media Relations
Tel:    +61 3 9609 3709
Mobile: +61 417 914 103
E-Mail:Michael.Buzzard@bhpbilliton.com

United States
Francis McAllister, Investor Relations
Tel:    +1 713 961 8625
Mobile: +1 713 480 3699
E-Mail:Francis.R.McAllister@bhpbilliton.com

South Africa/United Kingdom
Michael Campbell, Investor & Media Relations
Tel:    +27 11 376 3360
Mobile: +27 82 458 2587
E-Mail:Michael.J.Campbell@bhpbilliton.com

Ariane Gentil, Manager Communications
Tel:       +44 20 7747 3977
Mobile: +44 7881 518 715
E-Mail:Ariane.Gentil@bhpbilliton.com