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Bhp Billiton Plc - Market Speculation Regarding Wmc Resources
BHP Billiton Plc
(Registration number 3196209)
(Registered in England and Wales)
SHARE CODE: BIL
ISIN: GB0000566504
NEWS RELEASE
Date 8 March 2005
MARKET SPECULATION REGARDING WMC RESOURCES
BHP Billiton appointed Deutsche Bank to assess the feasibility of acquiring a
stake in WMC Resources Limited. A decision was made not to acquire any shares.
BHP Billiton holds economic exposure to 50.6 million (4.3%) WMC Resources shares
through cash settled derivative contracts.
BHP Billiton will today seek discussions with the board of WMC Resources
regarding the possibility of making an all cash offer for the entire issued
share capital of WMC Resources.
Further information on BHP Billiton can be found on our Internet site:
http://www.bhpbilliton.com
Australia United Kingdom
Jane Belcher, Investor Relations Mark Lidiard, Investor & Media
Tel: +61 3 9609 3952 Mobile: +61 417 Relations
031 653 Tel: +44 20 7802 4156
email: Jane.H.Belcher@bhpbilliton.com email: Mark.Lidiard@bhpbilliton.com
Tania Price, Media Relations Ariane Gentil, Media Relations
Tel: +61 3 9609 3815 Mobile: +61 419 Tel: +44 20 7802 4177
152 780 email: Ariane.Gentil@bhpbilliton.com
email: Tania.Price@bhpbilliton.com
South Africa
United States Michael Campbell, Investor & Media
Francis McAllister, Investor Relations
Relations Tel: +27 11 376 3360 Mobile: +27 82
Tel: +1 713 961 8625 458 2587
email: email:
Francis.R.Mcallister@bhpbilliton.com Michael.J.Campbell@bhpbilliton.com |
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