UBS Sec. Australia - EPT Disclosure

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Thu Apr 10, 2008 5:15am EDT

RNS Number:0588S
UBS Securities Australia Limited
10 April 2008





                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

           WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS

                  BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

                      (Rule 38.5(b) of the Takeover Code)





1.         KEY INFORMATION


Name of exempt principal trader                UBS Securities Australia Limited

Company dealt in                               BHP Billiton Plc

Class of relevant security to which the        Ordinary
dealings being disclosed relate (Note 1)

Date of dealing                                9th April 2008






2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE



(a)        Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 2)


                                                              Long                            Short


                                                      Number               (%)   Number            (%)


(1) Relevant securities                                 893,282        0.09%          1,952,032        0.20%

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell                                           8,896,581        0.89%

Total                                                   893,282        0.09%         10,848,613        1.09%





(b)        Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 2)


Class of relevant security:                                    Long                            Short


                                                 Number                           Number
                                                     (%)                            (%)

(1) Relevant securities


(2) Derivatives (other than options)


(3) Options and agreements to purchase/sell


Total





(c)                Rights to subscribe (Note 2)


Class of relevant security:                      Details







3.         DEALINGS (Note 3)



(a)        Purchases and sales


Purchases/Sales               Number of securities      Price per unit (AUD)
                                                         (Note 4)
Purchases                                   35822                    35.05





(b)        Derivatives transactions (other than options)


Product name,         Long/short (Note 5)       Number of securities (Note 6)        Price per unit (Note 4)
e.g. CFD










(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying



(ii)        Exercising



(d)        Other dealings (including new securities) (Note 3)


Nature of transaction (Note 7)         Details                               Price per unit (if applicable) (Note 4)










4.         OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives




Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.










Is a Supplemental Form 38.5(b) attached? (Note 8)                 YES




Date of disclosure                                                10th April 2008

Contact name                                                      Belinda Maclay

Telephone number                                                  +61 2 93242944

Name of offeree/offeror with which connected                      BHP Billiton Plc/ BHP Billiton Limited
Nature of connection (Note 9)                                     Connected advisor




Notes

The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk









SUPPLEMENTAL FORM 38.5(b)



                           DETAILS OF OPEN POSITIONS

                 (This form should be attached to Form 38.5(b))



OPEN POSITIONS (Note 1)


Product name,    Written or    Number of           Exercise     Type, e.g.       Expiry date
e.g. call option purchased     securities to which price (AUD)  American,
                               the option or       (Note2)      European, etc
                               derivatives relates
Call warrant     Selling                   3361203         0.01 European               02-Jul-08
Call warrant     Selling                   5535378         0.01 European               02-Mar-12





Notes



1. Where there are open option positions or open derivative positions (except
for CFDs), full details should be given.  Full details of any existing
agreements to purchase or to sell should also be given on this form.



2. For all prices and other monetary amounts, the currency must be stated.



For details of the Code's dealing disclosure requirements, see Rules 8 and 38.5
and their Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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