Re Contract

BHP Billiton Limited
23 April 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.

23 April 2003 
Number: 15/03



                    BHP BILLITON SETTLES 2003 COKING COAL PRICES

BHP Billiton today announced commercial terms have been settled for the majority 
of annually priced coking coal contracts for the year commencing 1 April 2003.

The pricing outcomes relate to the BHP Billiton Mitsubishi Alliance (BMA) and 
BHP Mitsui Coal operations in Queensland, and the BHP Billiton Illawarra Coal 
operations in New South Wales.

FOB returns for all brands of metallurgical coals have decreased by an average 
of four per cent. The lower prices reflect market conditions prevailing across 
most coal types.

Volumes are expected to remain steady.

Further information can be found on our Internet site: 
http://www.bhpbilliton.com


 
Australia
Andrew Nairn, Investor Relations
Tel:  [phone] Mobile: [phone]
email: [e-mail]


Tracey Whitehead, Media Relations
Tel: [phone] Mobile: [phone]
email:[e-mail]


United States
Francis McAllister, Investor Relations
Tel: [phone] Mobile; [phone]
email: [e-mail]


 
United Kingdom
Mark Lidiard, Investor & Media Relations
Tel: [phone]
email: [e-mail]


Ariane Gentil, Media Relations
Tel:[phone]
email: [e-mail]

South Africa
Michael Campbell, Investor & Media Relations 
Tel: [phone] Mobile: [phone] 
email: [e-mail]

 
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          Neathouse Place
Melbourne Victoria 3000 Australia             London SW1V 1BH United Kingdom
Tel [phone] Fax: [phone]       Tel [phone] Fax [phone]

A member of the BHP Billiton group which is headquartered in Australia


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