Ann Filing of Reg for IPO

BHP Billiton Limited
23 August 2004

     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.



  ALCOA AND BHP BILLITON ANNOUNCE FILING OF REGISTRATION STATEMENT FOR IPO OF
                                INTEGRIS METALS



New York, NY - August 23, 2004 -- Alcoa Inc. and BHP Billiton today announced
that Integris Metals Corporation has filed a registration statement on Form S-1
with the U.S. Securities and Exchange Commission for an initial public offering
(IPO) of its common stock. Alcoa and BHP Billiton each own 50% of Integris
Metals and plan to sell Integris Metals shares in the IPO as selling
stockholders. The underwriters will also have an option to purchase additional
shares of common stock from Integris Metals to cover over-allotments.

Integris Metals, a metals service center company engaged in the processing and
distribution of metals, predominantly aluminum and stainless steel, was formed
in November 2001 through the combination of Reynolds Aluminum Supply Company
(RASCO) and NAMD, Inc., the metals distribution businesses of Alcoa and BHP
Billiton, respectively.

Deutsche Bank Securities Inc., and J.P. Morgan Securities Inc., will act as the
joint book-running managers of the offering. When available, copies of the
preliminary prospectus may be obtained from Deutsche Bank Securities Inc., Attn:
Syndicate Operations, 1251 Avenue of the Americas, New York, New York 10005; or
J.P. Morgan Securities Inc., Prospectus Department, One Chase Manhattan Plaza,
Floor 5B, New York, NY 10081

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

For further information contact:

Alcoa Investor Contact
William F. Oplinger
[phone]

Media Contact
Kevin G. Lowery
[phone]

BHP Billiton Investor/Media
Francis McAllister
[phone]








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