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ACCC Approval for WMC Res

19th Apr 2005 07:01

BHP Billiton PLC19 April 2005 Date 19 April 2005Number 16/05 BHP BILLITON ANNOUNCES AUSTRALIAN COMPETITION AND CONSUMER COMMISSION (ACCC) APPROVAL OF BID FOR WMC RESOURCES LTD BHP Billiton advises that the ACCC has notified BHP Billiton that it does notpropose to intervene in BHP Billiton's acquisition of WMC Resources Ltd. Accordingly, the condition set out in clause 5.1(e) of the Bidder's Statementhas been fulfilled. This is the third condition of the offer that has beensatisfied. The offer is $7.85 for each WMC Resources Ltd share and the closing date* of theoffer is 7.30 pm (Melbourne time) on 6 May 2005. \* This date is indicative only and may change as permitted by the AustralianCorporations Act 2001 (Cth) Further information on BHP Billiton can be found on our Internet site: http://www.bhpbilliton.com Australia United KingdomJane Belcher, Investor Relations Mark Lidiard, Investor & Media RelationsTel: +61 3 9609 3952 Mobile: +61 417 031 653 Tel: +44 20 7802 4156email: [email protected] email: [email protected] Tania Price, Media Relations Ariane Gentil, Media RelationsTel: +61 3 9609 3815 Mobile: +61 419 152 780 Tel: +44 20 7802 4177email: [email protected] email: [email protected] United States South AfricaTel: +1 713 599 6100 or +44 20 7802 4031 Michael Campbell, Investor & Media Relationsemail: [email protected] Tel: +27 11 376 3360 Mobile: +27 82 458 2587 email: [email protected] Further Information for U.S. holders BHP Billiton has filed the Bidder's Statement with the U.S. Securities andExchange Commission (SEC) under cover of Form CB. Investors and holders of WMCResources securities are strongly advised to read the Bidder's Statement and anyother relevant documents filed with the SEC, as well as any amendments andsupplements to those documents, because they will contain important information.Investors and holders of WMC Resources securities may obtain free copies of theinformational document (when available), as well as other relevant documentsfiled with the SEC, at the SEC's website at www.sec.gov. WMC Resources hasissued a target's statement in connection with the offer which investors andholders of WMC Recourses securities are strongly advised to read. This communication is for information purposes only. It shall not constitute anoffer to purchase, sell or exchange or the solicitation of an offer to purchase,sell or exchange any securities of WMC Resources. The distribution of thiscommunication may, in some countries, be restricted by law or regulation.Accordingly, persons who come into possession of this document should informthemselves of and observe these restrictions. This information is provided by RNS The company news service from the London Stock Exchange

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