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BIL - BHP Billiton Plc - Amendment to Western Australian Royalties and State

Release Date: 10/11/2011 07:17
Code(s): BIL
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BIL - BHP Billiton Plc - Amendment to Western Australian Royalties and State agreements BHP Billiton Plc Share code: BIL ISIN: GB0000566504 Date 10 November 2011 Number 32/11 AMENDMENT TO WESTERN AUSTRALIAN ROYALTIES AND STATE AGREEMENTS BHP Billiton has finalised an agreement with the Western Australian Government to increase the royalty rate payable to the State for its iron ore Fines product. Based on this agreement, the Western Australian Government will proceed with amendments to the State Agreement Acts covering operations managed by BHP Billiton Iron Ore. These amendments will include an increase in the royalty rate applicable to iron ore Fines from 5.625 per cent of sales revenue to 6.5 per cent from 1 July 2012, and then to 7.5 per cent from 1 July 2013. This will align the royalty rate for Fines with the existing rate paid on Lump ore. BHP Billiton Iron Ore President, Ian Ashby, said: "The changes to the State Agreements will give the Company greater certainty in planning and executing our growth projects, particularly the proposed Outer Harbour Development." The State Agreement amendments are subject to the approval of the Parliament of Western Australia. Further information on BHP Billiton can be found at: www.bhpbilliton.com Sponsor: Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays Capital) Media Relations Investor Relations Australia Australia Samantha Stevens James Agar Tel: +61 3 9609 2898 Tel: +61 3 9609 2222 Mobile: +61 400 693 915 Mobile: +61 467 807 064 email:Samantha.Stevens@bhpbilliton.com email: James.Agar@bhpbilliton.com
Kelly Quirke Andrew Gunn Tel: +61 3 9609 2896 Tel: +61 3 9609 3575 Mobile: +61 429 966 312 Mobile: +61 439 558 454 email: Kelly.Quirke@bhpbilliton.com email: Andrew.Gunn@bhpbilliton.com Fiona Martin United Kingdom and South Africa Tel: +61 3 9609 2211 Mobile: +61 427 777 908 Brendan Harris email: Fiona.Martin2@bhpbilliton.com Tel: +44 20 7802 4131 United Kingdom and Americas Mobile: +44 7990 527 726 email: Brendan.Harris@bhpbilliton.com Ruban Yogarajah Tel: US +1 713 966 2907 or Americas UK +44 20 7802 4033 Mobile: UK +44 7827 082 022 Scott Espenshade email: Ruban.Yogarajah@bhpbilliton.com Tel: +1 713 599 6431 Mobile: +1 713 208 8565 email: Scott.Espenshade@bhpbilliton.com BHP Billiton Limited ABN 49 004 028 BHP Billiton Plc Registration number 077 3196209 Registered in Australia Registered in England and Wales Registered Office: 180 Lonsdale Street Registered Office: Neathouse Place Melbourne Victoria 3000 Australia London SW1V 1BH United Kingdom Tel +61 1300 55 4757 Tel +44 20 7802 4000 Fax +61 3 9609 3015 Fax +44 20 7802 4111 Members of the BHP Billiton Group which is headquartered in Australia Date: 10/11/2011 07:17:12 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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