BHP Billiton Prices Hybrid Notes

BHP BILLITON PRICES EUR 2.0 BILLION EURO HYBRID NOTES AND GBP600 MILLION STERLING HYBRID NOTES

BHP Billiton has priced EUR2.0 billion of subordinated fixed rate reset notes in the Euro market across two tranches and GBP600 million of subordinated fixed rate reset notes in the Sterling market.

 The issuance of these hybrid notes comprises:

· €1,250 million in a 60.5NC5.5 maturity bearing an initial coupon of 4.750%, paid annually*

· €750 million in a 64NC9 maturity bearing an initial coupon of 5.625%, paid annually*

· £600 million in a 62NC7 maturity bearing an initial coupon of 6.500%, paid annually*

* The coupon for each tranche of notes will reset in accordance with their respective terms at the end of the applicable non-call period and every five years thereafter prior to maturity.

Settlement of the notes is expected to occur on 22 October 2015, in each case subject to customary closing conditions.

The proceeds will be used for general corporate purposes, which may include, without limitation, the repayment of existing debt of the BHP Billiton Group.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States, Canada, Japan, Australia or any other jurisdiction. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended or under any relevant securities laws of any state of the United States or any other jurisdiction, and may not be offered or sold in the United States or to any U.S. persons absent an effective registration statement covering such securities or an applicable exemption from such registration requirements.

Follow us on social media