Appointment of Vice President

Broken Hill Proprietary Co Ld
25 November 1999


             BHP APPOINTS VICE PRESIDENT - MARKET RISK MANAGEMENT             

The Broken Hill Proprietary Company Limited (BHP) today announced the
appointment of Rowen Bainbridge to the new position of Vice President - Market
Risk Management, effective February next year.

Mr Bainbridge will report to BHP Chief Financial Officer, Chip Goodyear, and
will be part of the Company's Financial Services Team. His role will focus on
commodity price and currency risk management strategies across BHP's business
divisions and he will work closely with the Company's Price/Risk Management
Committee.

Mr Bainbridge, 33, was previously Risk Manager for Fletcher Challenge Energy
Limited, the energy division of the New Zealand listed company Fletcher
Challenge Limited. He holds a degree in civil engineering Lougborough
University, England, and an MBA from Durham University, England. 

Announcing the appointment, Mr Goodyear said Mr Bainbridge would bring a
strong combination of market risk management expertise and broader business
skills to the position.  'Rowen's experience in integrating sophisticated
market risk management opportunities with global business strategies will
prove an integral resource in the management of BHP's operational and
financial performance.'




Media Relations:                     Mandy Frostick
                                     Manager Media Relations
                                     BHP Group - Melbourne
                                     Tel:  [phone]


Investor Relations:                  Dr Robert Porter
                                     Vice President Investor Relations -      
                                     Melbourne
                                     Tel:  [phone]