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BIL
BIBLT
BHP Billiton - Sale of Southern Cross Fertilisers
BHP Billiton Plc
Share Code: BIL
ISIN: GB0000566504
NEWS RELEASE
9 May 2006
SALE OF SOUTHERN CROSS FERTILISERS
BHP Billiton announced today that it has entered into an agreement for the sale
of Southern Cross Fertilisers Pty Ltd (SCF) to Incitec Pivot Limited.
SCF produces high-analysis phosphate fertilisers from its facilities in northern
Queensland and was originally acquired by BHP Billiton as part of the
acquisition of WMC Resources Limited (WMC). The WMC fertilisers business was
identified as a non-core asset at the time of the acquisition and its sale
follows the earlier sale of SCF"s one third interest in Hi-Fert Pty Ltd in
December 2005.
Completion of the transaction is expected to occur during July 2006, following
the conclusion of SCF"s scheduled triennial major maintenance outage, with the
final consideration subject to working capital adjustments, if any. Completion
is subject to the Australian Competition and Consumer Commission not opposing
the sale.
Further information on BHP Billiton can be found on our Internet site:
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 Mobile: +44
email: Jane.H.Belcher@bhpbilliton.com 7769 934 942
email: Mark.Lidiard@bhpbilliton.com
Samantha Evans, Media Relations Illtud Harri, Media Relations
Tel: +61 3 9609 2898 Mobile: +61 400 Tel: +44 20 7802 4195 Mobile: +44
693 915 7920 237 246
email: Samantha.Evans@bhpbilliton.com email: Illtud.Harri@bhpbilliton.com
United States South Africa
Tracey Whitehead, Investor & Media Alison Gilbert, Investor Relations
Relations Tel: SA +27 11 376 2121 or UK +44 20
Tel: US +1 713 599 6100 or UK +44 20 7802 4183
7802 4031 email: Alison.Gilbert@bhpbilliton.com
Mobile: +44 7917 648 093
email: Tracey.Whitehead@bhpbilliton.com
Date: 09/05/2006 07:35:34 AM Produced by the JSE SENS Department
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