Samarco Update BHP Billiton Plc Registration number 3196209 Registered in England and Wales Share code: BIL ISIN: GB0000566504 NEWS RELEASE Release Time IMMEDIATE Date 22 December 2017 Location Melbourne Release Number 37/17 SAMARCO UPDATE BHP has agreed to fund a total of up to US$181 million (BHP Billiton Brasil Ltda (BHP Brasil) share) in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 30 June 2018. An amount of US$133 million will be used to fund the Renova Foundation to undertake remediation and compensation programs identified under the agreement dated 2 March 2016 between Samarco, Vale S.A., BHP Brasil and the Brazilian Authorities. This amount will be offset against the Group’s provision for the Samarco dam failure. An amount of US$48 million will be made available to Samarco. This amount includes a short-term facility of up to US$42 million (BHP Brasil’s share) to carry out ongoing repair works, maintain Samarco’s facilities and support restart planning, and an amount of US$6 million to cover fees payable to experts appointed in connection with the remediation and compensation programs. Funds will be released to Samarco only as required, and subject to achievement of key milestones. Further information on BHP can be found at: bhp.com Note: Samarco Mineração S.A. is jointly owned by BHP Billiton Brasil Ltda and Vale S.A. Our 50 per cent interest is accounted for as an equity accounted investment. Sponsor: UBS South Africa (Pty) Limited 1 Media Relations Investor Relations Email: media.relations@bhpbilliton.com Email: investor.relations@bhpbilliton.com Australia and Asia Australia and Asia Ben Pratt Tara Dines Tel: +61 3 9609 3672 Mobile: +61 419 968 734 Tel: +61 3 9609 2222 Mobile: +61 499 249 005 United Kingdom and South Africa United Kingdom and South Africa Neil Burrows Rob Clifford Tel: +44 20 7802 7484 Mobile: +44 7786 661 683 Tel: +44 20 7802 4131 Mobile: +44 7788 308 844 North America Americas Judy Dane James Wear Tel: +1 713 961 8283 Mobile: +1 713 299 5342 Tel: +1 713 993 3737 Mobile: +1 347 882 3011 BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209 LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768 Registered in Australia Registered in England and Wales Registered Office: Level 18, 171 Collins Street Registered Office: Nova South, 160 Victoria Street Melbourne Victoria 3000 Australia London SW1E 5LB 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 Group which is headquartered in Australia Follow us on social media 2 Date: 22/12/2017 07:05:00 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.