REG-ABN AMRO BANK N.V. EPT Disclosure

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Thu Jul 31, 2008 4:01am EDT

LONDON--(Business Wire)--


                                  FORM 38.5(b)

                 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

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Name of exempt principal trader           ABN AMRO Equities Australia Limited
---------------------------------------------------------------------------------------------------------
Company dealt in                          BHP Billiton Ltd
---------------------------------------------------------------------------------------------------------
Class of relevant security to which the   Ordinary Shares
 dealings being disclosed relate (Note 1)
---------------------------------------------------------------------------------------------------------
Date of dealing                           30 July 2008
---------------------------------------------------------------------------------------------------------
*T

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)

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                                                        Long                             Short
------------------------------------------ ------------------------------- ---------------------------------
                                           Number (%)                      Number (%)
------------------------------------------ ------------------------------- ---------------------------------
(1) Relevant securities                    3,985,744       0.118761836     2211183          0.0658859
------------------------------------------ --------------- --------------- ---------------- ----------------
(2) Derivatives (other than options)       1,356,724       0.040425836     1692661          0.0504356
------------------------------------------ --------------- --------------- ---------------- ----------------
(3) Options and agreements to
 purchase/sell                             1,080,162       0.032185214     1508000          0.0449334
------------------------------------------ --------------- --------------- ---------------- ----------------
Total                                      6,422,630       0.191372885     5411844          0.1612548
------------------------------------------ --------------- --------------- ---------------- ----------------
*T

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

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       Class of relevant security:                      Long                           Short
------------------------------------------ ------------------------------ --------------------------------
                                           Number (%)                     Number (%)
------------------------------------------ ------------------------------ --------------------------------
(1) Relevant securities                    0 (0%)                         0 (0%)
------------------------------------------ ------------------------------ --------------------------------
(2) Derivatives (other than options)       0 (0%)                         0 (0%)
------------------------------------------ ------------------------------ --------------------------------
(3) Options and agreements to
 purchase/sell                             0 (0%)                         0 (0%)
------------------------------------------ ------------------------------ --------------------------------
Total                                      0 (0%)                         0 (0%)
------------------------------------------ ------------------------------ --------------------------------
*T

(c) Rights to subscribe (Note 2)

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Class of relevant security:               Details
---------------------------------------------------------------------------------------------------------
*T

3. DEALINGS (Note 3)

(a) Purchases and sales

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                Purchases                       Number of securities            Price per unit (AUD)
Purchase                                   2165                           38.85
Purchase                                   2244                           38.86
Purchase                                   7846                           38.87
Purchase                                   4341                           38.88
Purchase                                   4781                           38.89
Purchase                                   2068                           38.9
Purchase                                   9586                           38.91
Purchase                                   1350                           38.92
Purchase                                   1414                           38.93
Purchase                                   3136                           38.94
Purchase                                   19162                          38.95
Purchase                                   29000                          38.958
Purchase                                   421                            38.96
Purchase                                   4148                           38.97
Purchase                                   7420                           38.98
Purchase                                   2893                           38.99
Purchase                                   21923                          39
Purchase                                   11850                          39.01
Purchase                                   22027                          39.02
Purchase                                   7571                           39.03
Purchase                                   3483                           39.04
Purchase                                   3179                           39.05
Purchase                                   7990                           39.06
Purchase                                   5393                           39.07
Purchase                                   8398                           39.08
Purchase                                   4649                           39.09
Purchase                                   2225                           39.1
Purchase                                   2819                           39.11
Purchase                                   4119                           39.12
Purchase                                   2269                           39.13
Purchase                                   2957                           39.14
Purchase                                   11640                          39.15
Purchase                                   4056                           39.16
Purchase                                   2379                           39.17
Purchase                                   3158                           39.18
Purchase                                   4696                           39.19
Purchase                                   7953                           39.2
Purchase                                   7207                           39.21
Purchase                                   6063                           39.22
Purchase                                   6132                           39.23
Purchase                                   8308                           39.24
Purchase                                   9290                           39.25
Purchase                                   14996                          39.26
Purchase                                   4360                           39.27
Purchase                                   1956                           39.28
Purchase                                   4951                           39.29
Purchase                                   12053                          39.3
Purchase                                   3060                           39.31
Purchase                                   4749                           39.32
Purchase                                   359                            39.34
Purchase                                   425                            39.35
                                           330618
*T

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Sales                                      Number of securities           Price per unit (AUD)
Sale                                       1650                           38.92
Sale                                       5000                           38.95
Sale                                       29000                          38.958
Sale                                       3594                           38.96
Sale                                       10036                          38.99
Sale                                       1631                           39.01
Sale                                       865                            39.04
Sale                                       1230                           39.08
Sale                                       5500                           39.09
Sale                                       209                            39.12
Sale                                       1683                           39.15
Sale                                       1213                           39.18
Sale                                       2000                           39.19
Sale                                       2704                           39.2
Sale                                       800                            39.22
Sale                                       2384                           39.23
Sale                                       9241                           39.24
Sale                                       2950                           39.25
Sale                                       92624                          39.26
Sale                                       200                            39.27
Sale                                       1100                           39.28
Sale                                       3000                           39.29
Sale                                       200                            39.31
Sale                                       46                             39.33
Sale                                       200                            39.34
Sale                                       1300                           39.35
                                           180360
*T

(b) Derivatives transactions (other than options)

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Product name,          Long/short (Note 5)   Number of securities (Note 6)    Price per unit (Note 4) AUD
e.g. CFD
---------------------- --------------------- -------------------------------- -----------------------------
BHPKZL                 Long (buy)            30000                            5.16
---------------------- --------------------- -------------------------------- -----------------------------
BHPKZL                 Short (sell)          3000                             5.13
---------------------- --------------------- -------------------------------- -----------------------------
BHPKZL                 Short (sell)          2000                             5.15
---------------------- --------------------- -------------------------------- -----------------------------
BHPIZY                 Long (buy)            1746                             12.79
---------------------- --------------------- -------------------------------- -----------------------------
*T

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

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Product name,      Writing,        Number of          Exercise     Type, e.g. Expiry      Option money
e.g. call option    selling,        securities to     price         American, date        paid/received
                    purchasing,     which the option                European               per unit
                    varying etc.    relates (Note 6)                etc.                   (Note 4) AUD
--------------------------------------------------------------------------------------------------------
*T

(ii) Exercising

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Product name, e.g. call option     Number of securities              Exercise price per unit (Note 4)
---------------------------------------------------------------------------------------------------------
*T

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

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

4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

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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.
---------------------------------------------------------------------------------------------------------
*T

Is a Supplemental Form 38.5(b) attached? (Note 8) YES/NO

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Date of disclosure                                          31 July 2008
---------------------------------------------------------------------------------------------------------
Contact name                                                Oliver Bainbridge - Kirit Devshi
---------------------------------------------------------------------------------------------------------
Telephone number                                            (020) 7678 5898
---------------------------------------------------------------------------------------------------------
Name of offeree/offeror with which connected                RIO TINTO
---------------------------------------------------------------------------------------------------------
Nature of connection (Note 9)                               Advisor
---------------------------------------------------------------------------------------------------------
*T

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

SUPPLEMENTAL FORM 8

                            DETAILS OF OPEN POSITIONS

   (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as
                                  appropriate)

OPEN POSITIONS (Note 1)

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Product name,            Written or    Number of         Exercise price  Type, e.g.    Expiry date
e.g. call option          purchased     securities to     (Note 2)        American,
                                        which the option                  European
                                        or derivative                     etc.
                                        relates
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Sep 08 Put               Written       15000             39.00           American      25/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Aug 08 Put               Purchased     100,000           35.00           American      28/8/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Sep 08 Call              Purchased     943,000           0.01            European      25/09/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Dec 08 Call              Written       1,300,000         0.01            European      21/12/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Dec 08 Call              Written       100,000           0.01            European      21/12/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Aug 08 Put               Purchased     3,000             38.00           American      28/8/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Aug 08 Put               Purchased     1,000             38.00           American      28/8/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Aug 08 Put               Purchased     4,000             38.00           American      28/8/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------

------------------------ ------------- ----------------- --------------- ------------- ---------------------
Jun 08 Put               Written       11,563            35.06           European      30/06/2008
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Jul 09 Put               Written       12,824            38.99           European      1/07/2009
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Jul 09 Call              Purchased     12,824            50.69           European      1/07/2009
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Jun 09 Put               Written       21,514            46.48           European      26/06/2009
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Jun 10 Put               Written       75,000            17.00           American      30/06/2010
------------------------ ------------- ----------------- --------------- ------------- ---------------------

------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         13,990                                          5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         10,520                                          5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         310                                             5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         2,970                                           5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         2,340                                           5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         630                                             5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Short         4,190                                           5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Long          327,792                                         5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
BHP Swap                 Long          1,022,208                                       5/9/08
------------------------ ------------- ----------------- --------------- ------------- ---------------------
*T

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 Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

ABN AMRO BANK N.V.

Copyright Business Wire 2008
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