2 October 2002 Number: 52/02 BHP BILLITON ANNOUNCES INAUGURAL EUROBOND BHP Billiton, the world's largest diversified natural resources company, announced today the launch of its inaugural Eurobond. The launch follows an extensive pan-European road show to market the bond. The bond is to be documented under the company's recently launched Euro Medium Term Note (EMTN) programme. BHP Billiton's Chief Financial Officer, Chris Lynch commented, "The great success of this issue in such volatile market conditions, illustrates the strength of the BHP Billiton credit story. The bond was well supported and attracted a geographically diverse and high quality order book. The issue size of Euro 750 million should ensure sufficient liquidity in the bond and contributes significantly to the BHP Billiton Group's objective of diversifying its funding sources." Further information can be found on our Internet site: http://www.bhpbilliton.com Australia Andrew Nairn, Investor Relations Tel: +61 3 9609 3952 Mobile: +61 408 313 259 mailto:Andrew.W.Nairn@bhpbilliton.com Tracey Whitehead, Media Relations Tel: +61 3 9609 4202 Mobile: +61 419 404 978 mailto:Tracey.Whitehead@bhpbilliton.com United States Francis McAllister, Investor Relations Tel: +1 713 961 8625 Mobile: +1 713 480 3699 mailto:Francis.R.McAllister@bhpbilliton.com United Kingdom Mark Lidiard, Investor & Media Relations Tel: +44 20 7747 3956 mailto:Mark.T.Lidiard@bhpbilliton.com South Africa Michael Campbell, Investor & Media Relations Tel: +27 11 376 3360 Mobile: +27 82 458 2587 mailto:Michael.J.Campbell@bhpbilliton.com