Director Shareholding

BHP Billiton Limited
19 February 2002

     BHP Billiton Limited is issuing this announcement to fulfil disclosure
  obligations arising from its secondary listing on the London Stock Exchange.

    The text of this release is identical to that issued by BHP Billiton Plc
                                    earlier.
Company Secretariat
19 February 2002






To:      Australian Stock Exchange            cc:     New York Stock Exchange
         Companies Announcements Office               Swiss Stock Exchange
                                                      New Zealand Stock Exchange
         London Stock Exchange                        Johannesburg Stock Exchange
         Companies Announcements Office               Paris Bourse
                                                      Deutsche Bank





     Notification of Change of Interests of Directors and Connected Persons

             (Australian Stock Exchange Listing Rules Appendix 3Y)

Name of entities               BHP Billiton Limited                    BHP Billiton Plc
                               ABN 49 004 028 077                      REG NO 3196029

As part of a dual listed company structure, the BHP Billiton Group has agreed to
adopt the better of the existing governance practices between BHP Billiton Plc
and BHP Billiton Limited. As a result, the Group voluntarily notifies all stock
exchanges on which either BHP Billiton Plc or BHP Billiton Limited have primary
or secondary listings, all those interest of directors of both entities in the
securities of both entities (and changes to those interests) which are required
to be disclosed under the Australian Stock Exchange (ASX) Listing Rules, the
Listing Rules of the United Kingdom Listing Authority, the Australian
Corporations Act, the United Kingdom Companies Act and the Group's Securities
Dealing Code.

We (the entities) advise the following information under ASX Listing Rule
3.19A.2 and as agent for the director for the purposes of section 205G of the
Australian Corporations Act and otherwise in accordance with the foregoing
policy.

Name of director                       Mr P M Anderson

Date of appointment                    BHP Billiton Limited -     1.12.1998

                                       BHP Billiton Plc     -     29.6.2001





Part 1 - Change of director's relevant interests in securities

Included in this Part are:

  • in the case of a trust, interests in the trust made available by the
    responsible entity of the trust;
  • details of the circumstance giving rise to the relevant interest;
  • details and estimated valuation if the consideration is non-cash; and
  • changes in the relevant interest of Connected Persons of the director.


Direct or indirect interest                        Direct

Nature of indirect interest
(including registered holder)


Date of change                                     15.02.2002

No. of securities held prior to change             1 057 911

Class                                              Ordinary shares in BHP Billiton Limited

Number acquired

Number disposed                                    156 782

Value/Consideration                                $12.01 per share (average)

No. of securities held after change                901 129

Nature of change                                   On-market trade

Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back

Any additional information                         The companies were notified of this transaction on 18 February 2002.

                                                   Mr Anderson advises that he sold these shares in order to meet his
                                                   Australian income tax obligations.




            Part 2 - Change of director's interests in contracts other than as
            described in Part 3

Included in this Part are:

  • only details of a contract in relation to which the interest has changed;
    and
  • details and estimated valuation if the consideration is non-cash.

Detail of contract                                                             -

Nature of interest                                                             -


Name of registered holder                                                      -
(if issued securities)

No. and class of securities to which                                           -
interest related prior to change

Interest acquired                                                              -

Interest disposed                                                              -

Value/Consideration                                                            -

Interest after change                                                          -






            Part 3 - Change of director's interests in options or other rights
            granted by the entities

Included in this Part are only details of options or other rights granted which
have changed, save for the total number of securities over which options or
other rights are held following this notification.

Date of grant                                                                           -


Period during which or date on which exercisable                                        -

Total amount paid (if any) for the grant                                                -


Description of securities involved:                                                     -
class; number

Exercise price (if fixed at time of grant) or indication                                -
that price is to be fixed at time of exercise

Total number of securities over which options or other                                  -
rights held at the date of this notice

Any additional information                                                              -





Part 4 - Contact details

Name of authorised officers responsible for making this   Mr R V Taylor -        BHP Billiton Limited
notification on behalf of the entities
                                                          Mrs M Taylor  -        BHP Billiton Plc
Contact details                                           Mr R V Taylor          Tel:     [phone]

                                                                                 Fax:     [phone]

                                                          Mrs M Taylor           Tel:     [phone]

                                                                                 Fax:     [phone]


BHP Billiton Limited ABN 49 004 028 077                     BHP Billiton Plc Registration number 3196209
Registered in Australia                                     Registered in England and Wales
Registered Office: 600 Bourke Street Melbourne Victoria     Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
3000                                                        Telephone [phone] Facsimile [phone]
Telephone [phone] Facsimile [phone]

              The BHP Billiton Group is headquartered in Australia



                      This information is provided by RNS
            The company news service from the London Stock Exchange