Director Shareholding

BHP Billiton Limited
25 November 2003

     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.



25 November 2003


To:      Australian Stock Exchange                                 cc:     New York Stock Exchange
                                                                           Swiss Stock Exchange
                                                                           New Zealand Stock Exchange
         London Stock Exchange                                             Johannesburg Stock Exchange
                                                                           Paris Bourse (Euronext)
                                                                           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 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 M Salamon

Date of last notice               28 February 2003


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              -

Nature of indirect interest              -

(including registered holder)


Date of change                           -

No. of securities held prior to change   -

Class                                    -


Number acquired                          -

Number disposed                          -

Value/Consideration                      -

No. of securities held after change      -

Nature of change                         

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

Any additional information


Mr Salamon has an indirect interest in 955 433 shares of BHP Billiton Plc. The
registered holders are KB (CI) Nominees Limited and Gardenview Nominees Limited
as trustees of trusts in which Mr Salamon is a potential beneficiary.

Mr Salamon has a direct interest in 21 849 shares of BHP Billiton Plc. He is the
registered holder of these shares.

There is no change to report to the above holdings.

Mr Salamon as an Executive Director also has a notifiable interest under United
Kingdom legislation in 141 802 shares of BHP Billiton Plc, being the balance of
shares held by Billiton ESOP Trustee Limited as trustee of the Billiton Employee
Share Ownership Trust.


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           21 November 2003

Period during which or date on which exercisable

  • Deferred Shares - August 2005 to August 2008
  • Performance Shares - August 2006 to August 2009



Total amount paid (if any) for the grant          -

Description of securities involved:    89 056 Performance Shares of BHP 
                                       Billiton Plc

class; number                          89 056 Deferred Shares of BHP 
                                       Billiton Plc

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


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


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


198 163      - maximum number of shares in BHP
               Billiton Plc under the Restricted
               Share Scheme

107 206      - shares in BHP Billiton Plc under
               the Co-Investment Plan

282 762      - Performance Shares in BHP
               Billiton Plc under the Group
               Incentive Scheme

 89 056      - maximum number of Deferred
               Shares in BHP Billiton Plc under
               the Group Incentive Scheme

________

677 187       Total



Any additional information



This change represents an award of Deferred Shares and Performance Shares under
the Group Incentive Scheme following approval by shareholders at the 2003 Annual
General Meetings of the Group.

Mr Salamon also holds rights over shares of BHP Billiton Plc under the
Restricted Share Scheme and Co-Investment Plan as detailed above.




Part 4 - Contact details


Name of authorised officers responsible for making this notification on behalf
of the entities

Mr R V Taylor - BHP Billiton Limited

Ms E A Hobley - BHP Billiton Plc - BHP Billiton Plc

Contact details


Mr R V Taylor     Tel:     [phone]

                  Fax:     [phone]

Ms E A Hobley     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: Level 27, 180 Lonsdale Street Melbourne  Registered Office: Neathouse Place London SW1V 1BH United
Victoria 3000                                               Kingdom
Telephone [phone] Facsimile [phone]        Telephone [phone] Facsimile [phone]

                                                                    

                    The BHP Billiton Group is headquartered in Australia




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