REG-ABN AMRO BANK N.V. EPT Disclosure

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Tue Aug 5, 2008 6:39am 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                           1 August 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                    4,490,638       0.133805988     2182884          0.0650426
------------------------------------------ --------------- --------------- ---------------- ----------------
(2) Derivatives (other than options)       149,237,022     4.446763946     149741779        4.461804
------------------------------------------ --------------- --------------- ---------------- ----------------
(3) Options and agreements to
 purchase/sell                             2,383,000       0.071005427     1935450          0.0576699
------------------------------------------ --------------- --------------- ---------------- ----------------
Total                                      156,110,660     4.651575361     153860113        4.5845166
------------------------------------------ --------------- --------------- ---------------- ----------------
*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                                                               3                           38.74
Purchase                                                            1604                           38.77
Purchase                                                            5501                           38.78
Purchase                                                             457                           38.79
Purchase                                                          345010                            38.8
Purchase                                                            1580                           38.81
Purchase                                                              12                           38.82
Purchase                                                              12                           38.84
Purchase                                                            3539                           38.85
Purchase                                                             420                           38.87
Purchase                                                            5169                           38.88
Purchase                                                            1551                           38.89
Purchase                                                             440                            38.9
Purchase                                                             300                           38.91
Purchase                                                             631                           38.92
Purchase                                                              14                           38.93
Purchase                                                            1644                           38.94
Purchase                                                           11516                           38.95
Purchase                                                            6416                           38.96
Purchase                                                            5774                           38.97
Purchase                                                           27688                           38.98
Purchase                                                            3372                           38.99
Purchase                                                               8                              39
Purchase                                                           10668                           39.01
Purchase                                                              63                           39.02
Purchase                                                            3172                           39.03
Purchase                                                             420                           39.04
Purchase                                                             939                           39.06
Purchase                                                            2002                           39.09
Purchase                                                           20598                           39.11
Purchase                                                              12                           39.24
Purchase                                                             500                           39.36
Purchase                                                               3                           39.39
Purchase                                                               4                            39.4
Purchase                                                               1                           39.46
Purchase                                                               3                            39.5
Purchase                                                            3967                           39.52
Purchase                                                           30171                           39.53
Purchase                                                           19685                           39.54
Purchase                                                           32414                           39.55
Purchase                                                            1386                           39.56
Purchase                                                               2                           39.58
Purchase                                                               1                           39.68
Purchase                                                              12                           39.69
Purchase                                                          338658                           39.71
Purchase                                                            4023                           39.72
Purchase                                                           10263                           39.73
Purchase                                                           12177                           39.74
Purchase                                                            5763                           39.75
Purchase                                                               1                           39.76
Purchase                                                            6455                           39.77
Purchase                                                            1939                           39.78
Purchase                                                            2821                           39.79
Purchase                                                            2200                            39.8
Purchase                                                             178                           39.81
Purchase                                                             420                           39.82
Purchase                                                             105                           39.83
Purchase                                                             391                           39.85
Purchase                                                            5493                           39.87
Purchase                                                             410                           39.88
Purchase                                                            2108                           39.89
Purchase                                                           10298                           39.92
Purchase                                                            3250                           39.94
Purchase                                                            2399                           39.95
Purchase                                                            1484                           39.96
Purchase                                                             250                           39.97
Purchase                                                            2017                           39.98
Purchase                                                             561                           39.99
Purchase                                                            6390                              40
Purchase                                                            1192                           40.01
                                                                  969930
*T

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                  Sales                        Number of securities           Price per unit (AUD)
Sale                                                                  24                           38.78
Sale                                                                   4                           38.79
Sale                                                                   2                            38.8
Sale                                                                   3                           38.81
Sale                                                                   5                           38.82
Sale                                                                5000                           38.83
Sale                                                                2500                           38.85
Sale                                                                5000                           38.86
Sale                                                                5480                           38.87
Sale                                                                 213                           38.88
Sale                                                                   6                           38.89
Sale                                                                3470                            38.9
Sale                                                                   1                           38.91
Sale                                                                 678                           38.92
Sale                                                                 940                           38.93
Sale                                                                3606                           38.94
Sale                                                                   1                           38.95
Sale                                                                7005                           38.96
Sale                                                                5001                           38.97
Sale                                                               50000                           38.98
Sale                                                                  16                           38.99
Sale                                                                   8                              39
Sale                                                                   7                           39.01
Sale                                                                   7                           39.02
Sale                                                                2387                           39.11
Sale                                                                5000                           39.39
Sale                                                                   1                           39.55
Sale                                                                 792                           39.56
Sale                                                                 911                           39.67
Sale                                                                 395                           39.68
Sale                                                                   1                            39.7
Sale                                                              334583                           39.71
Sale                                                                1198                           39.72
Sale                                                               96545                           39.73
Sale                                                                   3                           39.74
Sale                                                                4171                           39.78
Sale                                                                 493                           39.86
Sale                                                                 500                           39.88
                                                                  535957
*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)           1000                            4.76
--------------------------------------------------------------------------------------------------------
BHPKZL                Long (buy)           20000                           5.63
--------------------------------------------------------------------------------------------------------
*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
------------------- ---------------- ------------------- ------------- ----------- ------------ --------------
BHPL Call Dec 08    Selling          340000              39.60         European    21/12/08     0.01
------------------- ---------------- ------------------- ------------- ----------- ------------ --------------
*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                                          5 August 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
------------------------ ------------- ----------------- --------------- ------------- ---------------------
Dec 08 Call              Written       340000            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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