BIL - BHP Billiton Plc - BHP Billiton iron ore neg30 Mar 2010
BIL
BIBLT                                                                           
BIL - BHP Billiton Plc - BHP Billiton iron ore negotiations                     
BHP Billiton Plc                                                                
Share code: BIL                                                                 
ISIN: GB0000566504                                                              
BHP BILLITON IRON ORE NEGOTIATIONS                                              
BHP Billiton today announced that it had reached agreement with a significant   
number of customers throughout Asia to move existing iron ore contracts that    
were previously priced annually onto a shorter term landed price equivalent     
basis. The agreements reached represent the majority of BHP Billiton`s iron ore 
sales volume.                                                                   
The structural change that these settlements represent is consistent with BHP   
Billiton achieving market clearing prices.                                      
Further information on BHP Billiton can be found on our Internet site:          
www.bhpbilliton.com                                                             
Australia                       United Kingdom & South Africa                   
Amanda Buckley, Media           Andre Liebenberg, Investor Relations            
Relations                       Tel: +44 20 7802 4131                           
Tel: +61 3 9609 2209  Mobile:   Mobile: +44 7920 236 974                        
+61 419 801 349                 email: Andre.Liebenberg@bhpbilliton.com         
email:                                                                          
Amanda.Buckley@bhpbilliton.co                                                   
m                                                                               
Fiona Martin, Media Relations   Illtud Harri, Media Relations                   
Tel: +61 3 9609 2211            Tel: +44 20 7802 4195                           
email:                          Mobile: +44 7920 237 246                        
Fiona.Martin2@bhpbilliton.com   email: Illtud.Harri@bhpbilliton.com             
                                                                                
Leng Lau, Investor Relations    Americas                                        
Tel: +61 3 9609 4202  Mobile:   Scott Espenshade, Investor Relations            
+61 403 533 706                 Tel: +1 713 599 6431                            
email:                          Mobile: +1 713 208 8565                         
Leng.Y.Lau@bhpbilliton.com      email: Scott.Espenshade@bhpbilliton.com         
                                                                                
                               Ruban Yogarajah, Media Relations                 
                               Tel: US +1 713 966 2907                          
or UK +44 20 7802 4033                           
                               Mobile: UK +44 7827 082 022                      
                               email: Ruban.Yogarajah@bhpbilliton.com           
                                                                                
BHP Billiton Limited ABN 49     BHP Billiton Plc Registration number            
004 028 077                     3196209                                         
Registered in Australia         Registered in England and Wales                 
Registered Office: 180          Registered Office: Neathouse Place              
Lonsdale Street                 London SW1V 1BH United Kingdom                  
Melbourne Victoria 3000         Tel +44 20 7802 4000                            
Australia                       Fax +44 20 7802 4111                            
Tel +61 1300 55 4757 Fax +61                                                    
3 9609 3015                                                                     
Members of the BHP Billiton group which is headquartered in Australia           
30 March 2010                                                                   
Date: 30/03/2010 07:08:03 Produced by the JSE SENS Department.                  
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