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BHP BILLITON PLC - BHP Billiton Plc Investor Briefing

Release Date: 09/12/2013 16:47
Code(s): BIL     PDF:  
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BHP Billiton Plc Investor Briefing

BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504

Date:                        9 December 2013

To:                          London Stock Exchange
                             JSE Limited

For Release:                 Immediately

Contact:                     Elizabeth Hobley +44 (0) 20 7802 4054


BHP Billiton Plc – Investor Briefing

 UK Listing Authority Submissions

 BHP Billiton Chief Executive Officer, Andrew Mackenzie, will present at the Company’s
 Petroleum investor briefing in Houston, USA on Monday, 9 December 2013.

 When discussing his presentation, Mr Mackenzie said: “We are pleased to host an important
 shareholder event in Houston and look forward to discussing the exciting outlook for our
 Petroleum business.

 “Our high quality, diversified resource portfolio and proven strategy have delivered
 outstanding results for our shareholders and we aim to extend this strong track record.

 “Our production guidance remains unchanged and we expect to deliver growth of 16 per cent,
 in copper equivalent terms, over the next two years.”

 When discussing strategy, Mr Mackenzie said: “The Company’s productivity agenda has the
 potential to create more value than anything else we do. With all of our operations now on a
 common information management platform, we can replicate best practice and improve
 operational performance across the Group. By generating more volume from our existing
 equipment and lowering unit costs, we will continue to build on the US$2.7 billion reduction in
 controllable cash costs delivered in the 2013 financial year.

 “Our productivity agenda extends to our development projects where we are pursuing a
 higher rate of return on incremental investment by significantly increasing internal competition
 for capital and driving project costs down. A 25 per cent reduction in capital and exploration
 expenditure is planned for this financial year and our level of investment will decline again
 next year.

 “The quality and breadth of our portfolio will also allow us to further simplify our business,
 while retaining the benefits of diversification. A focus on our four key pillars and their major
 operations will ultimately deliver higher growth, higher margins and stronger investment
returns. We have completed six major transactions delivering proceeds of US$6.5 billion, with
US$2.2 billion received this financial year.”

Mr Mackenzie concluded by saying: “If we keep getting the basics right and deliver on our
commitments, we will substantially increase free cash flow and grow total returns for our
shareholders.”

The tour will continue on Tuesday 10 December 2013, with the remaining material released
on that day.

A copy of the presentation has today been submitted to the National Storage Mechanism and
will shortly be available for inspection at:
www.hemscott.com/nsm.do

The document may also be accessed via BHP Billiton’s website (www.bhpbilliton.com) or by
using the following web link:
http://www.bhpbilliton.com/home/investors/reports/Documents/2013/131209_InvestorBriefing.
pdf


Media Relations                                            Investor Relations

Australia                                                  Australia

Emily Perry                                                James Agar
Tel: +61 3 9609 2800 Mobile: +61 477 325 803               Tel: +61 3 9609 2222 Mobile: +61 467 807 064
email: Emily.Perry@bhpbilliton.com                         email: James.Agar@bhpbilliton.com

Fiona Hadley                                               Andrew Gunn
Tel: +61 3 9609 2211 Mobile: +61 427 777 908               Tel: +61 3 9609 3575 Mobile: +61 402 087 354
email: Fiona.Hadley@bhpbilliton.com                        email: Andrew.Gunn@bhpbilliton.com

Eleanor Nichols                                            United Kingdom and South Africa
Tel: +61 3 9609 2360 Mobile: +61 407 064 748
email: Eleanor.Nichols@bhpbilliton.com                     Tara Dines
                                                           Tel: +44 20 7802 7113 Mobile: +44 7825 342 232
United Kingdom                                             Email: Tara.Dines@bhpbilliton.com

Ruban Yogarajah                                            Americas
Tel: +44 20 7802 4033 Mobile: +44 7827 082 022
email: Ruban.Yogarajah@bhpbilliton.com                     James Agar
                                                           Tel: +61 3 9609 2222 Mobile: +61 467 807 064
Jennifer White                                             email: James.Agar@bhpbilliton.com
Tel: +44 20 7802 7462 Mobile: +44 7827 253 764
email: Jennifer.White@bhpbilliton.com                      Matt Chism
                                                           Tel: +1 71 359 96158 Mobile: +1 281 782 2238
Americas                                                   email: Matt.E.Chism@bhpbilliton.com

Jaryl Strong
Tel: +1 713 499 5548 Mobile: +1 281 222 6627
email: Jaryl.Strong@bhpbilliton.com

Sponsor: Absa Bank Limited (acting through its Corporate and Investment Banking Division)

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office: Neathouse Place London SW1V 1BH United Kingdom

A member of the BHP Billiton Group which is headquartered in Australia

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