Sale of Richards Bay Minerals for US$1.91 Billion BHP Billiton NEWS RELEASE Release Time IMMEDIATE Date 7 September 2012 Number 22/12 SALE OF RICHARDS BAY MINERALS FOR US$1.91 BILLION BHP Billiton has completed the sale of its 37 per cent non-operated interest in Richards Bay Minerals (RBM) to Rio Tinto. As part of the restructuring of RBM in 2009, BHP Billiton and Rio Tinto concluded an option agreement that made provision for BHP Billiton to sell its interest in RBM to Rio Tinto pursuant to an agreed valuation process. BHP Billiton and Rio Tinto announced on 1 February 2012 that this option had been exercised and that completion of the transaction was conditional upon the fulfilment of customary regulatory approvals, all of which have now been met. Pursuant to the prescribed valuation process, BHP Billiton has sold its entire interest in RBM for US$1.91 billion before adjustments. The divestment reflects the company’s commitment to a simpler, more scalable upstream portfolio. RBM is a South African mineral sands mining and smelting operation and the leading producer of chloride titanium dioxide feedstock. Prior to completion of the sale, BHP Billiton held a 37 per cent equity stake in RBM with equity partners Rio Tinto (37 per cent), Black Economic Empowerment (BEE) parties (24 per cent) and employees (2 per cent). Rio Tinto manages the operation and is responsible for the marketing of RBM’s products. 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). Media Relations Investor Relations Australia Australia Antonios Papaspiropoulos James Agar Tel: +61 3 9609 3830 Mobile: +61 477 325 803 Tel: +61 3 9609 2222 Mobile: +61 467 807 064 email: Antonios.Papaspiropoulos@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: +61 439 558 454 email: Fiona.Hadley@bhpbilliton.com email: Andrew.Gunn@bhpbilliton.com United Kingdom United Kingdom and South Africa Ruban Yogarajah Tara Dines Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 Tel : +44 20 7802 7113 Mobile : +44 7825 342 232 email: Ruban.Yogarajah@bhpbilliton.com Email : Tara.Dines@bhpbilliton.com Deirdra McCracken Americas Tel: +44 20 7802 7462 Mobile: +44 7827 253 764 Email: Deirdra.S.McCracken@bhpbilliton.com Brendan Harris Tel: +44 20 7802 4131 Mobile: +44 7990 527 726 Americas email: Brendan.Harris@bhpbilliton.com Jaryl Strong Matt Chism Tel: +1 713 499 5548 Mobile: +1 281 222 6627 Tel: +1 71 359 96158 Mobile: +1 281 782 2238 email: Jaryl.Strong@bhpbilliton.com email: Matt.E.Chism@bhpbilliton.com BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 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 Fax +61 3 9609 3015 Tel +44 20 7802 4000 Fax +44 20 7802 4111 Members of the BHP Billiton Group which is headquartered in Australia Date: 07/09/2012 05:15:00 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.