BHP BILLITON TO CEASE QUARTERLY REPORTING OF FINAN
BHP BILLITON TO CEASE QUARTERLY REPORTING OF FINANCIAL RESULTS
NEWS RELEASE
Date 28 November 2003
BHP BILLITON TO CEASE QUARTERLY REPORTING OF FINANCIAL RESULTS
BHP Billiton announced today that it would no longer report quarterly financial
results.
The Company will continue to release a quarterly production report and
exploration and development report, in accordance with the Listing Rules of the
Australian Stock Exchange.
Chris Lynch, Chief Financial Officer, said today, "Quarterly reporting consumes
significant amounts of management time and encourages a short term focus on what
is a long term business. Henceforth, we will follow the standard practice in
the Australian and UK markets of reporting half and full year results. The
decision to cease quarterly reporting also brings us into line with our major
peers. The operational performance of the Company will continue to be reported
on a quarterly basis through our production report."
BHP Billiton will release its half year results on 19 February 2004 and its full
year results in August 2004.
****
Further information on BHP Billiton can be found on our Internet site:
http://www.bhpbilliton.com
Australia United Kingdom
Andrew Nairn, Investor Mark Lidiard, Investor &
Relations Media Relations
Tel: +61 3 9609 3952 Mobile: Tel: +44 20 7802 4156
+61 408 313 259 email:
email: Mark.Lidiard@bhpbilliton.com
Andrew.W.Nairn@bhpbilliton.co
m
Tania Price, Media Relations Ariane Gentil, Media
Tel: +61 3 9609 3815 Mobile: Relations
+61 419 152 780 Tel: +44 20 7802 4177
email: email:
Tania.Price@bhpbilliton.com Ariane.Gentil@bhpbilliton.co
m
United States
Francis McAllister, Investor South AfricaMichael
Relations Campbell, Investor & Media
Tel: +1 713 961 8625 Mobile: Relations
+1 713 480 3699 Tel: +27 11 376 3360
email: Mobile: +27 82 458 2587
Francis.R.McAllister@bhpbilli email:
ton.com Michael.J.Campbell@bhpbillit
on.com
Date: 28/11/2003 07:33:08 AM Supplied by www.sharenet.co.za
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