Director Shareholding

BHP Billiton Limited
13 March 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

13 March 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                  19 February 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     The PR's become exercisable quarterly 
exercisable                              (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 
Class; number                           (after adjustment to take account of the 
                                        spin off of OneSteel Limited in October 
                                        2000 and the bonus issue on 5 July 2001) 
                                        2 141 100 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 indication that price is to be fixed at 
time of exercise                           Nil


Total number of securities over which   The 425 000 (maximum) remaining PR's are 
options or other rights held at the     rights to 909 968 ordinary shares in BHP 
date of this notice                     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 6 March 2002, a further
                                    25 000 of the PR's became exercisable, the 
                                    service conditions having been fulfilled.  
                                    They 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     Mr R V Taylor - BHP Billiton Limited
for making this notification on behalf                           
of the entities 

                                            Mrs M Taylor -  BHP Billiton Plc
Contact details                             Mr R V Taylor   Tel: [phone]
                                                            Fax: [phone]

                                            Mrs M Taylor   Tel: [phone]
                                                           Fax: [phone]


BHP Billiton Limited ABN 49 004 028 077    BHP Billiton Plc Registration number 
Registered in Australia                    3196209 Registered in England and Wales
Registered Office: 600 Bourke Street       Registered Office: 1-3 Strand London 
Melbourne Victoria 3000                    WC2N 5HA   United Kingdom  
Telephone [phone]                  Telephone [phone] 
Facsimile [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