BHP Launches Diamonds On-Line

Broken Hill Proprietary Co Ld
24 October 2000


Number   99/00

The Broken Hill Proprietary Company Limited (BHP) today launched AURIAS TM,
the Company's first move into on-line diamond retailing.

AURIAS TM customers will initially be given the choice of 1,300 high-quality
polished diamonds from BHP's 51 per cent-owned Ekati TM mine in Canada.

Carat weight will range from 0.25 to 1.50 and all will be laser-inscribed to
ensure authenticity. A small number of larger diamonds will also be available
on the AURIAS TM website.

BHP Chief Strategic Officer Brad Mills said AURIAS TM is another example of
how the Internet is transforming the way BHP does business.

'AURIAS TM  marks the first time in BHP's history that the Company has engaged
directly with retail diamond consumers,' he said.

'AURIAS TM will also provide choice for the individual consumer with a direct
'from the mine to you' offer.'

To ensure privacy and security, CommSecure will provide commercial strength
encryption on all credit card payments. In addition, AURIAS TM will offer
customers a 90-day money back guarantee and a one-year money back upgrade
service.

President BHP Diamonds Australia Lindsey Hughson said AURIAS TM would deliver
a compelling, personalised consumer experience backed by BHP's solid business
reputation. 

'We're establishing a new way of doing business, using a new way to connect
with our customers and at the same time creating a world-class brand,' he
said.

'For the customer, AURIAS TM is about realising creative possibilities through
buying a diamond and creating their own masterpiece. 


'AURIAS TM also provides the peace of mind of dealing with one of Australia's
largest companies.'

Following the establishment of AURIAS TM in Australia it is expected that the
brand will be launched overseas next year.

The Ekati TM mine, which is located in Canada's Northwest Territories, began
production two years ago and is now one of the world's largest producers of
high-quality gem diamonds. It is also widely regarded as a model of how mining
can be conducted with minimal impact on the natural environment.

The AURIAS TM  website (http://www.aurias.com) will be live from mid-day
Wednesday 25 October 2000.  Customers will be able to purchase diamonds via
the call-centre (1 800 287 427) from Wednesday 25 October 2000. 


Media Relations:

Mandy Frostick                     Michael Buzzard
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