Listing New PLC Shares

BHP Billiton Limited
22 July 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.



22 July 2002
Number: 42/02

         DEMERGER OF BHP STEEL - LISTING OF NEW BHP BILLITON PLC SHARES

Following the demerger of BHP Steel and the consequent issue of bonus shares to
shareholders of BHP Billiton Plc, BHP Billiton confirms that 113,799,025 new
ordinary shares of US$0.50 each in BHP Billiton Plc have today been issued to
holders of BHP Billiton Plc shares registered on the UK section of the register.

The new shares will rank pari passu in all respects with existing ordinary BHP
Billiton Plc shares. A total of 2,432,946,910 ordinary shares are now in issue.

A further issue of approximately 35,200,505 shares will be made on 29 July 2002
to BHP Billiton Plc shareholders registered on the South African section of the
register. An announcement of the exact number of shares issued will be made at
that date.



For further information, please contact:
Australia                                                     United Kingdom
Andrew Nairn, Investor Relations                              Mark Lidiard, Investor & Media Relations
Tel: + 61 3 9609 3952 Mobile: [phone]                 Tel: [phone]
email: [e-mail]                         email: [e-mail]

Mandy Frostick, Media Relations                               South Africa
Tel: + 61 3 9609 4157 Mobile: [phone]                 Michael Campbell, Investor & Media Relations
email: [e-mail]                       Tel: + 27 11 376 3360 Mobile: + 27 82 458 2587
                                                              email: [e-mail]
United States
Francis McAllister, Investor Relations
Tel: [phone] Mobile: [phone]
email: [e-mail]


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