REG-ABN AMRO BANK N.V. EPT Disclosure

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Tue Sep 2, 2008 6:12am 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
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Company dealt in                          BHP Billiton Ltd
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Class of relevant security to which the   Ordinary Shares
 dealings being disclosed relate (Note 1)
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Date of dealing                           1 September 2008
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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
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                                          Number (%)                    Number (%)
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(1) Relevant securities                   7,170,989      0.21367148     2229286         0.0664253
--------------------------------------------------------------------------------------------------------
(2) Derivatives (other than options)      1,357,887      0.040460489    1845068         0.0549769
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(3) Options and agreements to
 purchase/sell                            1,135,162      0.03382403     3574000         0.1064932
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Total                                     9,664,038      0.287955999    7648354         0.2278954
--------------------------------------------------------------------------------------------------------
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(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
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3. DEALINGS (Note 3)

(a) Purchases and sales

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Purchases                                Number of securities          Price per unit (AUD)
Purchase                                 98                            40.98
Purchase                                 2754                          40.99
Purchase                                 278                           41
Purchase                                 124                           41.01
Purchase                                 319                           41.02
Purchase                                 77                            41.03
Purchase                                 970                           41.04
Purchase                                 10635                         41.05
Purchase                                 11623                         41.06
Purchase                                 31958                         41.07
Purchase                                 6598                          41.08
Purchase                                 63                            41.09
Purchase                                 3074                          41.1
Purchase                                 605                           41.11
Purchase                                 21                            41.12
Purchase                                 215                           41.13
Purchase                                 47                            41.15
Purchase                                 67                            41.19
Purchase                                 113                           41.2
Purchase                                 118                           41.22
Purchase                                 118                           41.23
Purchase                                 34                            41.24
Purchase                                 66225                         41.25
Purchase                                 84                            41.26
Purchase                                 752598                        41.27
Purchase                                 3453                          41.28
Purchase                                 79                            41.29
Purchase                                 74                            41.3
Purchase                                 2573                          41.31
Purchase                                 2578                          41.32
Purchase                                 75                            41.35
Purchase                                 84                            41.37
Purchase                                 84                            41.38
Purchase                                 99                            41.42
Purchase                                 123                           41.45
Purchase                                 2954                          41.46
                                         900992
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Sales                                     Number of securities          Price per unit (AUD)
Sale                                      290                           41
Sale                                      2437                          41.03
Sale                                      500                           41.05
Sale                                      1805                          41.06
Sale                                      28448                         41.07
Sale                                      806                           41.08
Sale                                      2738                          41.09
Sale                                      600                           41.1
Sale                                      10                            41.11
Sale                                      2000                          41.13
Sale                                      4098                          41.14
Sale                                      12893                         41.2
Sale                                      7367                          41.23
Sale                                      32393                         41.25
Sale                                      7782                          41.26
Sale                                      7353                          41.27
Sale                                      2500                          41.28
Sale                                      12179                         41.35
Sale                                      1467                          41.36
Sale                                      6354                          41.4
Sale                                      2500                          41.42
Sale                                      1500                          41.43
Sale                                      2500                          41.46
                                          140520
*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
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(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     relates (Note 6)                etc.                   (Note 4) AUD
                        etc.
--------------------------------------------------------------------------------------------------------
Call Sep 08            Selling     1000               40.00        American   25/09/08    2.28
--------------------------------------------------------------------------------------------------------
Call Sep 08            Selling     1000               40.00        American   25/09/08    2.28
--------------------------------------------------------------------------------------------------------
Call Sep 08            Selling     1000               40.00        American   25/09/08    2.28
--------------------------------------------------------------------------------------------------------
Call Sep 08            Selling     7000               40.00        American   25/09/08    2.28
--------------------------------------------------------------------------------------------------------
Call Dec 08            Selling     10000              50.00        American   18/12/08    0.905
--------------------------------------------------------------------------------------------------------
Call Dec 11            Purchasing  50000              50.00        American   22/12/11    9.43
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Call Dec 11            Purchasing  9000               60.00        American   22/12/11    6.83
--------------------------------------------------------------------------------------------------------
Put Dec 08             Selling     10000              32.00        American   18/12/08    0.55
--------------------------------------------------------------------------------------------------------
Put Dec 11             Purchasing  152000             27.00        American   22/12/11    2.83
--------------------------------------------------------------------------------------------------------
Put Dec 11             Purchasing  5000               27.00        American   22/12/11    2.83
--------------------------------------------------------------------------------------------------------
Put Dec 11             Purchasing  20000              27.00        American   22/12/11    2.83
--------------------------------------------------------------------------------------------------------
Put Dec 11             Selling     38000              32.00        American   22/12/11    4.50
--------------------------------------------------------------------------------------------------------
Put Dec 11             Selling     124000             35.00        American   22/12/11    5.58
--------------------------------------------------------------------------------------------------------
Put Dec 11             Selling     20000              35.00        American   22/12/11    5.90
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Put Dec 11             Selling     750000             0.01         European   22/12/11    42.196
--------------------------------------------------------------------------------------------------------
Put Dec 11 BHPL        Purchasing  157000             27.00        American   22/12/11    2.83
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*T

(ii) Exercising

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Product name, e.g. call option     Number of securities              Exercise price per unit (Note 4)
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(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)
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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.
---------------------------------------------------------------------------------------------------------
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Is a Supplemental Form 38.5(b) attached? (Note 8) YES/NO

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Date of disclosure                                          2 September 2008
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Contact name                                                Oliver Bainbridge - Kirit Devshi
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Telephone number                                            (020) 7678 5898
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Name of offeree/offeror with which connected                RIO TINTO
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Nature of connection (Note 9)                               Advisor
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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
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Sep 08 Call             Purchased    15,000           42.50          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Put              Written      15,000           39.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Dec 08 Call             Written      10,000           50.00          American     21/12/08
-------------------------------------------------------------------------------------------------------
Dec 08 Put              Written      10,000           32.00          American     21/12/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    943,000          0.01           European     21/12/08
-------------------------------------------------------------------------------------------------------
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      340,000          0.01           European     21/12/08
-------------------------------------------------------------------------------------------------------
Dec 08 Call             Written      425,000          0.01           European     21/12/08
-------------------------------------------------------------------------------------------------------
Dec 08 Call             Written      649,000          0.01           European     21/12/08
-------------------------------------------------------------------------------------------------------
Dec 08 Call             Written      750,000          0.01           European     21/12/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    2,000            40.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    3,000            40.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    5,000            40.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    5,000            40.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    5,000            46.00          American     25/09/08
-------------------------------------------------------------------------------------------------------
Sep 08 Call             Purchased    10,000           46.00          American     25/09/08
-------------------------------------------------------------------------------------------------------

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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
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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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