Business Presentation

Broken Hill Proprietary Co Ld
31 March 2000



Ref: 30/00

BHP PETROLEUM BUSINESS PRESENTATION

The Broken Hill Proprietary Company Limited (BHP) advises that the President
BHP Petroleum, Philip Aiken, today delivered a business presentation in
Sydney.

This presentation is part of BHP's regular business presentations.

The presentation covered the following areas:

- An overview of BHP Petroleum - production, reserves, exploration, cost base

- Petroleum's growth strategies

- Gulf of Mexico - BHP position and strategy

- Gas Commercialisation strategy

- Access to Discovered Resources.

The presentation was webcast and is accessible on:
http://www.netventures.com.au/bhp. 

Copies of the presentational material are also available on the BHP website:
http://www.bhp.com.au/financials/brief/default.htm. A full transcript will
also be made available on the web site by early next week.


Contact: 
INVESTOR RELATIONS:    Robert Porter
                       Vice President - Investor Relations
                       Tel:  [phone]
                       Mob:  [phone]

MEDIA RELATIONS:       Mandy Frostick
                       Manager Media Relations
                       Tel:   [phone]
                       Mob:   [phone]