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EC Approval of WMC Bid

26th Apr 2005 15:50

BHP Billiton PLC26 April 2005 NEWS RELEASE Release IMMEDIATE Time Date 26 April 2005 Number 17/05 BHP BILLITON ANNOUNCES EUROPEAN COMMISSION (COMMISSION) APPROVAL OF BID FOR WMC RESOURCES LTD BHP Billiton advises that the Commission has issued a decision under Article 6(1)(b) of the EC Merger Regulation approving BHP Billiton's acquisition of WMCResources Ltd. Accordingly, the condition set out in clause 5.1(d) of the Bidder's Statementhas been fulfilled. This is the fourth 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 & MediaTel: +61 3 9609 3952 Mobile: +61 417 Relations031 653 Tel: +44 20 7802 4156 Mobile: +44 7769email: [email protected] 934 942 email: [email protected] Price, Media Relations Ariane Gentil, Media RelationsTel: +61 3 9609 3815 Mobile: +61 419 Tel: +44 20 7802 4177152 780 email: [email protected]: [email protected] United States South AfricaTel: +1 713 599 6100 or +44 20 7802 Michael Campbell, Investor & Media4031 Relationsemail: [email protected] Tel: +27 11 376 3360 Mobile: +27 82 458 2587 [email protected] Further Information for U.S. holdersBHP 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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