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BIL
BIBLT
BIL - BHP Billiton Plc - News Release - Purchases of shares in close period
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
NEWS RELEASE
29 June 2007
PURCHASES OF SHARES IN CLOSE PERIOD
BHP Billiton announced today that BHP Billiton Limited ("BHP Billiton" or the
"Company") would continue the current on-market buyback of BHP Billiton Plc
shares during the close period, from 1 July 2007 to 22 August 2007.
The Company has entered into an irrevocable arrangement with an independent
third party which makes its trading decisions in relation to the securities of
the Company and BHP Billiton Plc independently of, and uninfluenced by, the
Company or BHP Billiton Plc, to purchase on the Company`s behalf and within
certain pre-set parameters, ordinary shares in BHP Billiton Plc during the
period commencing on 1 July 2007 and ending upon the announcement of the
Company`s final results for the full year ended 30 June 2007. These share
purchases will be made on the Company`s behalf and in accordance with the
irrevocable arrangement during a so-called "Close Period", a period in which
the Company and its directors, officers and employees would normally otherwise
refrain from transacting in BHP Billiton shares.
Any share purchases effected pursuant to the irrevocable arrangement will be
effected in a manner consistent with both the general authority vested in BHP
Billiton Plc to repurchase shares and Chapter 12 of the Listing Rules, which
require that the maximum price paid be limited to no more than 105 per cent of
the average middle market closing price of BHP Billiton Plc`s Ordinary Shares
for the five dealing days preceding the date of purchase.
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Australia United Kingdom
Samantha Evans, Media Relations Mark Lidiard, Investor & Media Relations
Tel: +61 3 9609 2898 Tel: +44 20 7802 4156
Mobile: +61 400 693 915 Mobile: +44 7769 934 942
email: email: Mark.Lidiard@bhpbilliton.com
Samantha.Evans@bhpbilliton.com
Illtud Harri, Media Relations
Jane Belcher, Investor Relations Tel: +44 20 7802 4195
Tel: +61 3 9609 3952 Mobile: +44 7920 237 246
Mobile: +61 417 031 653 email: Illtud.Harri@bhpbilliton.com
email:
Jane.H.Belcher@bhpbilliton.com
United States South Africa
Tracey Whitehead, Investor & Alison Gilbert, Investor Relations
Media Relations Tel: SA +27 11 376 2121
Tel: US +1 713 599 6100 or UK +44 20 7802 4183
or UK +44 20 7802 4031 Mobile: +44 7769 936 227
Mobile: +44 7917 648 093 Email: Alison.Gilbert@bhpbilliton.com
email:
Tracey.Whitehead@bhpbilliton.com
Date: 29/06/2007 10:57:01 Produced by the JSE SENS Department.
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