Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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BHP Billiton PLC (BLT)

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Monday 15 November, 2004

BHP Billiton PLC

Sale of Laminaria & Corallina

BHP Billiton PLC
15 November 2004

  Date         15 November 2004
  Number       37/04



BHP Billiton today announced it has agreed to sell its interests in the
Laminaria and Corallina oil fields to Paladin Oil & Gas (Australia) Pty Ltd, a
fully owned subsidiary of Paladin Resources plc, an independent oil and gas
company listed on the London Stock Exchange.

The purchase price is US$150 million effective as at 1 July 2004, and is subject
to adjustments for working capital and cash flow movements between 1 July 2004
and completion.

The sale of BHP Billiton's interests in the Laminaria and Corallina oil fields
is part of the Company's active portfolio management strategy. Following a
review, BHP Billiton's interests in the fields were identified as being non-core
to BHP Billiton's future petroleum strategy.

The Laminaria and neighbouring Corallina oil fields were discovered in 1994 and
1995 respectively, and are located in the Timor Sea, about 550km west-north-west
of Darwin, in offshore production licences AC/L5 and WA-18-L.

The fields were developed with a Floating Production Storage and Offloading
facility, the Northern Endeavour, which is moored between the two oil fields in
385 metres of water. Oil production from Laminaria and Corallina commenced in
November 1999, and a second phase of development commenced production in June
2002. The facility is operated by Woodside Energy Ltd.

The sale to Paladin is subject to the pre-emptive rights of joint venture
participants, and formal government approvals. The transaction is expected to be
completed in early 2005.

BHP Billiton has a 32.6125 per cent interest in Laminaria. The other
participants are Woodside Energy Ltd (operator - 44.925 per cent) and Shell
Development (Australia) Proprietary Limited (22.4625 per cent). The Laminaria
field is unitised over licences AC/L5 and WA-18-L.

BHP Billiton has a 25 per cent interest in Corallina. The other participants are
Woodside Energy Ltd (operator- 50 per cent) and Shell Development (Australia)
Proprietary Limited (25 per cent).

Further information on BHP Billiton can be found on our Internet site:

Jane Belcher, Investor Relations 
Tel:    +61 3 9609 3952  Mobile: +61 417 031 653 

Tania Price, Media Relations                       
Tel:    +61 3 9609 3815  Mobile: +61 419 152 780  
United Kingdom 
Mark Lidiard, Investor & Media Relations 
Tel:    +44 20 7802 4156 

Ariane Gentil, Media Relations 
Tel:    +44 20 7802 4177  Mobile: +44 78 81 51 8715 

United States                                           
Francis McAllister, Investor Relations 
Tel:    +1 713 961 8625  Mobile: +1 713 480 3699 

South Africa 
Michael Campbell, Investor & Media Relations 
Tel:    +27 11 376 3360  Mobile: +27 82 458 2587 

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