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Board Appointment

25th Jan 2005 07:01

BHP Billiton PLC25 January 2005 Date 25 January 2005Number 01/05 BHP BILLITON BOARD APPOINTMENT BHP Billiton Chairman Don Argus today announced the appointment of CarlosCordeiro to the BHP Billiton Board, effective 3 February 2005. Mr Cordeiro is aformer Partner and Managing Director of The Goldman Sachs Group, Inc. Since hisretirement he has continued as an Advisory Director of the firm and as ViceChairman of Goldman Sachs (Asia). Announcing the appointment, Mr Argus said that Mr Cordeiro would be a valuableaddition to the Board, bringing with him more than 20 years experience inproviding strategic and financial advice to corporations, financial institutionsand governments around the world. "Mr Cordeiro's experience ideally complements the skill base of the BHP BillitonBoard and we are pleased to have secured a director with such an outstandingfinancial and strategic pedigree," Mr Argus said. Mr Cordeiro, who resides in Hong Kong, held many leadership positions during his12-year career at Goldman Sachs. He began his career in 1980 with ManufacturersHanover Trust Company in New York then moved to Credit Suisse First Boston inLondon to focus on derivatives and capital markets before joining Goldman Sachsto help lead its international expansion in 1990. Mr Cordeiro's career has spanned the public and private sectors. He was thesenior banker to the World Bank and the multi-lateral regional developmentbanks. He has worked closely with the governments of several nations, includingBritain and Italy during the post-Exchange Rate Mechanism crisis and in thebuild up to the European Union's adoption of a common currency. He also led theteam that brought post-apartheid South Africa to the international capitalmarkets in 1994. Born in India, Mr Cordeiro became a naturalized U.S. citizen in 1981. Hereceived his AB and an MBA from Harvard University. He currently serves onHarvard University's Asia Centre Advisory Committee and the Harvard CollegeBoard of Overseers' Visiting Committee. Mr Argus said that Mr Cordeiro's appointment would bring the number of BHPBilliton directors to eleven. The Group's established process of continuallyreviewing the mix of skills and competencies of directors will continue toensure that the Board is made up of members best able to promote shareholderinterests and effectively govern the Group. 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 AfricaFrancis McAllister, Investor Relations Michael Campbell, Investor & Media RelationsTel: +1 713 961 8625 Mobile: +1 713 480 3699 Tel: +27 11 376 3360 Mobile: +27 82 458 2587email: [email protected] email: [email protected] BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209Registered in Australia Registered in England and WalesRegistered Office: Level 27, 180 Lonsdale Street Melbourne Registered Office: Neathouse Place London SW1V 1BH UnitedVictoria 3000 KingdomTelephone +61 1300 554 757 Facsimile +61 3 9609 3015 Telephone +44 20 7802 4000 Facsimile +44 20 7802 4111 The BHP Billiton Group is headquartered in Australia This information is provided by RNS The company news service from the London Stock Exchange

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