EPT Disclosure

21st Nov 2008 09:05

FORM 38.5(b)

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS

BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

(Rule 38.5(b) of the Takeover Code)

1. KEY INFORMATION

Name of exempt principal trader		ABN AMRO Equities Australia Limited
Company dealt in		BHP Billiton Ltd
Class of relevant security to which the dealings being disclosed relate (Note 1)		Ordinary Shares
Date of dealing		20 November 2008

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)

		Long				Short
		Number (%)				Number (%)
(1) Relevant securities		11,623,179		0.346331846		2004960		0.0597411
(2) Derivatives (other than options)		1,365,316		0.040681849		2584758		0.0770171
(3) Options and agreements to purchase/sell		307,162		0.0091524		4546000		0.1354556
Total		13,295,657		0.396166095		9135718		0.2722138

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)

Class of relevant security:		Long		Short
		Number (%)		Number (%)
(1) Relevant securities		0 (0%)		0 (0%)
(2) Derivatives (other than options)		0 (0%)		0 (0%)
(3) Options and agreements to purchase/sell		0 (0%)		0 (0%)
Total		0 (0%)		0 (0%)

(c) Rights to subscribe (Note 2)

Class of relevant security:

Details

3. DEALINGS (Note 3)

(a) Purchases and sales

Purchases		Number of securities		Price per unit (AUD)
Purchase		5000		20.97
Purchase		3400		21
Purchase		3790		21.02
Purchase		7400		21.03
Purchase		3000		21.04
Purchase		10025		21.05
Purchase		4244		21.06
Purchase		1209		21.07
Purchase		5420		21.08
Purchase		7127		21.09
Purchase		26202		21.1
Purchase		3607		21.11
Purchase		580		21.12
Purchase		1835		21.13
Purchase		1652		21.14
Purchase		6391		21.15
Purchase		200		21.16
Purchase		60372		21.17
Purchase		10220		21.18
Purchase		3072		21.19
Purchase		3406		21.2
Purchase		594		21.21
Purchase		3222		21.22
Purchase		2000		21.25
Purchase		477		21.27
Purchase		3515		21.29
Purchase		282		21.33
Purchase		578		21.34
Purchase		1474		21.35
Purchase		1200		21.36
Purchase		617		21.37
Purchase		2683		21.38
Purchase		500		21.39
Purchase		536		21.4
Purchase		4500		21.41
Purchase		4000		21.42
Purchase		2419		21.43
Purchase		5031		21.44
Purchase		10000		21.4492
Purchase		2000		21.45
Purchase		423		21.47
Purchase		17760		21.48
Purchase		5307		21.49
Purchase		5693		21.5
Purchase		178		21.51
Purchase		2000		21.52
Purchase		5000		21.55
Purchase		9887		21.56
Purchase		479		21.57
Purchase		3449		21.58
Purchase		10805		21.59
Purchase		1632		21.6
Purchase		500		21.61
Purchase		2700		21.62
Purchase		1000		21.64
Purchase		148		21.65
Purchase		6131		21.66
Purchase		776		21.67
Purchase		14453		21.68
Purchase		12389		21.69
Purchase		25366		21.7
Purchase		7726		21.71
Purchase		5948		21.72
Purchase		1106		21.73
Purchase		10534		21.74
Purchase		8580		21.75
Purchase		5597		21.76
Purchase		2360		21.77
Purchase		5064		21.78
Purchase		4570		21.79
Purchase		15880		21.8
Purchase		9312		21.81
Purchase		1500		21.82
Purchase		410		21.83
Purchase		1500		21.85
Purchase		1062		21.89
Purchase		5480		21.9
Purchase		8017		21.91
Purchase		5209		21.92
Purchase		2639		21.93
Purchase		706		21.94
Purchase		208		21.95
Purchase		280312		23.2
		723576

Sales		Number of securities		Price per unit (AUD)
Sale		409		21.02
Sale		400		21.03
Sale		1171		21.06
Sale		8120		21.07
Sale		14649		21.08
Sale		10618		21.09
Sale		7576		21.1
Sale		8399		21.11
Sale		14183		21.12
Sale		5317		21.13
Sale		5890		21.15
Sale		210		21.16
Sale		15000		21.17
Sale		29113		21.2
Sale		9876		21.21
Sale		4011		21.22
Sale		1000		21.23
Sale		17000		21.24
Sale		1200		21.3
Sale		300		21.32
Sale		1413		21.33
Sale		181		21.34
Sale		2083		21.35
Sale		1719		21.39
Sale		500		21.41
Sale		896		21.44
Sale		96		21.45
Sale		869		21.46
Sale		3000		21.47
Sale		19		21.48
Sale		4298		21.49
Sale		15526		21.5
Sale		6		21.51
Sale		2008		21.54
Sale		5311		21.55
Sale		2140		21.56
Sale		2139		21.57
Sale		542		21.58
Sale		117		21.59
Sale		1537		21.6
Sale		8591		21.61
Sale		2176		21.62
Sale		281		21.64
Sale		679		21.65
Sale		956		21.66
Sale		10000		21.67
Sale		1000		21.69
Sale		7		21.72
Sale		500		21.73
Sale		4461		21.74
Sale		7		21.76
Sale		4700		21.77
Sale		1000		21.79
Sale		1500		21.8
Sale		1450		21.81
Sale		405		21.82
Sale		2595		21.83
Sale		1700		21.84
Sale		2000		21.85
Sale		1275		21.86
Sale		3525		21.87
Sale		500		21.89
Sale		6000		21.91
Sale		1000		21.94
Sale		116703		23.2
		371853

(b) Derivatives transactions (other than options)

Product name, e.g. CFD		Long/short (Note 5)		Number of securities (Note 6)		Price per unit (Note 4) AUD
BHPKZX		Long (buy)		1000		19.10
BHPKZX		Long (buy)		3000		19.92
BHPKZX		Short (sell)		3000		19.61
BHPKZS		Long (buy)		5000		31.43
BHPKZC		Short (sell)		3700		6.49
BHPKZC		Short (sell)		6300		6.50
BHPKZC		Short (sell)		8000		6.60
BHPKZB		Long (buy)		700		3.63
BHPKZB		Long (buy)		1000		3.65
BHPKZB		Long (buy)		300		3.68
BHPKZB		Long (buy)		1000		3.75
BHPKZB		Short (sell)		1000		3.34
BHPKZB		Short (sell)		800		3.64
BHPKZB		Short (sell)		200		3.68
BHPIZQ		Long (buy)		5		5.70
BHPIZQ		Short (sell)		10		5.70
BHPKZA		Long (buy)		88216		1.96

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name, e.g. call option

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 6)

Exercise price

Type, e.g. American, European etc.

Expiry date

Option money paid/received per unit (Note 4) AUD

Nov 08 Put

Purchasing

10000

20.00

American

27/11/08

1.285

Nov 08 Put

Purchasing

8000

20.00

American

27/11/08

0.87

Nov 08 Put

Purchasing

1000

20.00

American

27/11/08

0.87

Nov 08 Put

Purchasing

1000

20.00

American

27/11/08

0.87

Dec 08 Put

Selling

10000

20.00

American

21/12/08

2.195

Dec 08 Put

Selling

8000

20.00

American

21/12/08

1.79

Dec 08 Put

Selling

1000

20.00

American

21/12/08

1.79

Dec 08 Put

Selling

1000

20.00

American

21/12/08

1.79

(ii) Exercising

Product name, e.g. call option

Number of securities

Exercise price per unit (Note 4)

(d) Other dealings (including new securities) (Note 3)

Nature of transaction (Note 7)

Details

Price per unit (if applicable) (Note 4)

4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 38.5(b) attached? (Note 8) YES/NO

Date of disclosure		21 November 2008
Contact name		Oliver Bainbridge - Kirit Devshi
Telephone number		(020) 7678 5898
Name of offeree/offeror with which connected		RIO TINTO
Nature of connection (Note 9)		Advisor

Notes: The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS

(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)

Product name, e.g. call option		Written or purchased		Number of securities to which the option or derivative relates		Exercise price (Note 2)		Type, e.g. American, European etc.		Expiry date
Nov 08 Call		Written		15,000		24.00		American		27/11/08
Nov 08 Call		Written		15,000		24.00		American		27/11/08
Nov 08 Call		Written		20,000		24.00		American		27/11/08
Nov 08 Call		Written		20,000		24.00		American		27/11/08
Nov 08 Call		Written		20,000		24.00		American		27/11/08
Nov 08 Put		Purchased		10,000		20.00		American		27/11/08
Nov 08 Put		Purchased		10,000		20.00		American		27/11/08
Nov 08 Put		Purchased		55,000		24.00		American		27/11/08
Nov 08 Put		Purchased		15,000		24.00		American		27/11/08
Nov 08 Put		Purchased		20,000		24.00		American		27/11/08
Nov 08 Put		Written		5,000		28.00		American		27/11/08
Nov 08 Put		Written		1,000		28.00		American		27/11/08
Nov 08 Put		Written		10,000		28.00		American		27/11/08
Nov 08 Put		Written		9,000		28.00		American		27/11/08
Nov 08 Put		Written		10,000		28.00		American		27/11/08
Nov 08 Put		Written		2,000		28.00		American		27/11/08
Nov 08 Put		Written		8,000		28.00		American		27/11/08
Nov 08 Put		Written		10,000		28.00		American		27/11/08
Nov 08 Put		Written		10,000		28.00		American		27/11/08
Nov 08 Put		Purchased		5,000		31.00		American		27/11/08
Nov 08 Put		Purchased		1,000		31.00		American		27/11/08
Nov 08 Put		Purchased		10,000		31.00		American		27/11/08
Nov 08 Put		Purchased		9,000		31.00		American		27/11/08
Nov 08 Put		Purchased		10,000		31.00		American		27/11/08
Nov 08 Put		Purchased		2,000		31.00		American		27/11/08
Nov 08 Put		Purchased		18,000		31.00		American		27/11/08
Nov 08 Put		Purchased		10,000		31.00		American		27/11/08
Dec 08 Call		Purchased		10,000		32.00		American		21/12/08
Dec 08 Call		Purchased		11,000		32.00		American		21/12/08
Dec 08 Call		Purchased		9,000		32.00		American		21/12/08
Dec 08 Call		Purchased		10,000		32.00		American		21/12/08
Dec 08 Call		Purchased		10,000		32.00		American		21/12/08
Dec 08 Call		Written		10,000		50.00		American		21/12/08
Dec 08 Call		Written		10,000		50.00		American		21/12/08
Dec 08 Call		Written		20,000		50.00		American		21/12/08
Dec 08 Call		Written		2,000		50.00		American		21/12/08
Dec 08 Call		Written		8,000		50.00		American		21/12/08
Dec 08 Put		Written		10,000		20.00		American		21/12/08
Dec 08 Put		Written		10,000		20.00		American		21/12/08
Dec 08 Put		Written		10,000		32.00		American		21/12/08
Dec 08 Put		Written		20,000		32.00		American		21/12/08
Dec 08 Put		Written		2,000		32.00		American		21/12/08
Dec 08 Put		Written		8,000		32.00		American		21/12/08
Dec 08 Put		Written		10,000		32.00		American		21/12/08
Dec 08 Call		Written		327,000		0.01		European		21/12/08
Dec 08 Call		Written		100,000		0.01		European		21/12/08
Dec 08 Call		Written		340,000		0.01		European		21/12/08
Dec 08 Call		Written		425,000		0.01		European		21/12/08
Dec 08 Call		Written		649,000		0.01		European		21/12/08
Dec 08 Call		Written		750,000		0.01		European		21/12/08
Dec 08 Call		Written		50,000		0.01		European		21/12/08
Dec 08 Call		Written		50,000		0.01		European		21/12/08
Dec 08 Call		Written		70,000		0.01		European		21/12/08
Dec 08 Call		Written		30,000		0.01		European		21/12/08
Dec 08 Call		Written		500,000		0.01		European		21/12/08
Dec 08 Call		Written		590,000		0.01		European		21/12/08
Dec 08 Call		Written		350,000		0.01		European		21/12/08
Jul 09 Put		Written		12,824		38.99		European		1/07/2009
Jul 09 Call		Purchased		12,824		50.69		European		1/07/2009
Jun 09 Put		Written		21,514		46.48		European		26/06/2009
Jun 10 Put		Written		75,000		17.00		American		30/06/2010

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

Copyright Business Wire 2008

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