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BHP Billiton Plc - BHP Billiton Announces Australian Competition and Consumer
Commission (ACCC) Approval of Bid for WMC Resources Ltd
BHP Billiton Plc
(Registration number 3196209)
(Registered in England and Wales)
SHARE CODE: BIL
ISIN: GB0000566504
NEWS RELEASE
Date 19 April 2005
BHP BILLITON ANNOUNCES AUSTRALIAN COMPETITION AND CONSUMER COMMISSION (ACCC)
APPROVAL OF BID FOR WMC RESOURCES LTD
BHP Billiton advises that the ACCC has notified BHP Billiton that it does not
propose to intervene in BHP Billiton`s acquisition of WMC Resources Ltd.
Accordingly, the condition set out in clause 5.1(e) of the Bidder`s Statement
has been fulfilled. This is the third condition of the offer that has been
satisfied.
The offer is $7.85 for each WMC Resources Ltd share and the closing date* of the
offer is 7.30 pm (Melbourne time) on 6 May 2005.
*This date is indicative only and may change as permitted by the Australian
Corporations Act 2001 (Cth)
Further information on BHP Billiton can be found on our Internet site:
http://www.bhpbilliton.com
Australia United Kingdom
Jane Belcher, Investor Mark Lidiard, Investor & Media
Relations Relations
Tel: +61 3 9609 3952 Mobile: Tel: +44 20 7802 4156
+61 417 031 653 email: Mark.Lidiard@bhpbilliton.com
email:
Jane.H.Belcher@bhpbilliton.com
Tania Price, Media Relations Ariane Gentil, Media Relations
Tel: +61 3 9609 3815 Mobile: Tel: +44 20 7802 4177
+61 419 152 780 email: Ariane.Gentil@bhpbilliton.com
email:
Tania.Price@bhpbilliton.com South Africa
Michael Campbell, Investor & Media
United States Relations
Tel: +1 713 599 6100 or +44 20 Tel: +27 11 376 3360 Mobile: +27 82
7802 4031 458 2587
email: email:
Mark.Lidiard@bhpbilliton.com Michael.J.Campbell@bhpbilliton.com
Further Information for U.S. holders
BHP Billiton has filed the Bidder`s Statement with the U.S. Securities and
Exchange Commission (SEC) under cover of Form CB. Investors and holders of WMC
Resources securities are strongly advised to read the Bidder`s Statement and any
other relevant documents filed with the SEC, as well as any amendments and
supplements to those documents, because they will contain important information.
Investors and holders of WMC Resources securities may obtain free copies of the
informational document (when available), as well as other relevant documents
filed with the SEC, at the SEC`s website at www.sec.gov. WMC Resources has
issued a target`s statement in connection with the offer which investors and
holders of WMC Recourses securities are strongly advised to read.
This communication is for information purposes only. It shall not constitute an
offer to purchase, sell or exchange or the solicitation of an offer to purchase,
sell or exchange any securities of WMC Resources. The distribution of this
communication may, in some countries, be restricted by law or regulation.
Accordingly, persons who come into possession of this document should inform
themselves of and observe these restrictions. |
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