Director Shareholding

BHP Billiton Limited
13 August 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.



13 August 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 last notice                    14 June 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                        Indirect
Nature of indirect interest                        Registered holder is BHP Billiton Employee Share Plan Pty Ltd on
                                                   trust for Mr Anderson
(including registered holder)
Date of change                                     9 August 2002
No. of securities held prior to change             Nil
Class                                              Ordinary fully paid shares in BHP Billiton Limited
Number acquired                                    114 765
Number disposed
Value/Consideration                                $9.2787
No. of securities held after change                114 765     indirect

                                                   901 129     direct

                                                   1 015 894
Nature of change                                   On market purchase following the exercise by
                                                   Mr Anderson of 50,000 Performance Rights
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 Anderson holds 901 129 ordinary shares in BHP Billiton Limited in
                                                   his own name. This holding remains unchanged.





            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 became exercisable quarterly (25 000) upon completion
                                                          of service conditions and annually (100 000) on fulfilment of
                                                          performance conditions. On cessation of executive office on 1
                                                          July 2002 all of the remaining PR's (400 000) became
                                                          exercisable. Mr Anderson has voluntarily requested that 100
                                                          000 of the PR's issued in relation to the year ended 30 June
                                                          2002 remain subject to performance conditions.
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, the
Class; number                                      bonus issue on 5 July 2001 and the spin off of BHP Steel on 1 July
                                                   2002) 2.2953 ordinary shares in BHP Billiton Limited.
Exercise price (if fixed at time of grant) or
indication that price is to be fixed at time of
exercise                                           Nil
Total number of securities over which options or   The 400 000 remaining PR's are rights to
other rights held at the date of this notice       918 120 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







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




M:/Roger Taylor/ASX 2002/Anderson 12 Mar 02.doc




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