Director Shareholding

BHP Billiton Limited
14 June 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

14 June 2002


         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 last notice                    13 March 2002



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                         -

            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                                             1 000 000 Performance Rights (PR's) on
                                                          26.2.99 (no change)

Period during which or date on which exercisable          The PR's become exercisable quarterly (25 000) upon completion
                                                          of service conditions and annually (100 000) on fulfilment of
                                                          performance conditions (no change)

Total amount paid (if any) for the grant                  Nil


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

Description of securities involved:                Each PR constitutes a right to acquire (after adjustment to take
                                                   account of the spin off of OneSteel Limited in October 2000 and the
Class; number                                      bonus issue on 5 July 2001) 2.1411 ordinary shares in BHP Billiton
                                                   Limited upon completion of service conditions or fulfilment of
                                                   performance conditions.

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

Total number of securities over which options or   The 400 000 (maximum) remaining and so far unexercisable PR's are
other rights held at the date of this notice       rights to 856 440 ordinary shares in BHP Billiton Limited.

                                                   In addition, Mr Anderson holds 1 000 000 (maximum) options over 2 065
                                                   100 ordinary shares in BHP Billiton Limited. There is no change to
                                                   report in respect of these options.

Any additional information                         500 000 of the PR's were subject to service conditions, exercisable
                                                   in quarterly tranches of up to 25 000. On 12 June 2002, a further 25
                                                   000 of the PR's became exercisable, the service conditions having
                                                   been fulfilled. They, and an earlier tranche of 25 000, have not been
                                                   exercised.

                                                   Mr Anderson's holding of 901 129 ordinary shares in BHP Billiton
                                                   Limited remains unchanged.



Part 4 - Contact details

Name of authorised officers responsible for making Mr R V Taylor - BHP Billiton Limited
this notification on behalf of the entities        Mrs I Watson - BHP Billiton Plc

                                                   

Contact details                                    Mr R V Taylor  Tel:     [phone]
                                                   Fax:     [phone]

                                                   Mrs I Watson   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