Issued by: BHP Billiton Plc

Issued by: BHP Billiton Plc

To: Company Announcements Office

The London Stock Exchange

Old Broad Street

London EC2N 1HP

United Kingdom

Company Announcements Office

The Australian Stock Exchange

4th Floor, 20 Bridge Street

Sydney NSW 2000

Australia

cc: New York Stock Exchange

Swiss Stock Exchange

New Zealand Stock Exchange

Johannesburg Stock Exchange

Paris Bourse (Euronext)

Deutsche Bank

 

Date: 7 November 2002

For Release: 7.00 a.m., 8 November 2002

Contact: Ines Watson 020 7747 3976

Notification of Major Interests in Shares

The following notification was received today by BHP Billiton Plc in a letter from Old Mutual plc dated 6 November 2002 relating to major interests in shares of BHP Billiton Plc as at 1 November 2002:

"Notification of interests under Sections 198 - 212 Companies Act 1985

I enclose for your information an updated list of Old Mutual material interests in the share capital of BHP Billiton plc. This follows an aggregate reduction in holdings which are now less than 4% in total.

Number of Shares

Company

Registered Holder

%

35,255,420

Old Mutual Asset Managers (South Africa) (Pty) Ltd

Old Mutual Life Assurance Company (South Africa) Ltd

1.43%

1,622,745

Old Mutual Asset Managers (South Africa) (Pty) Ltd

Old Mutual Unit Trusts (SA)

0.07%

11,526

Old Mutual Asset Managers (South Africa) (Pty) Ltd

Old Mutual Unit Trusts (Namibia)

0.00%

24,431,896

Old Mutual Asset Managers (South Africa) (Pty) Ltd

Old Mutual Asset Managers (South Africa) Ltd (Managed fund client assets)

0.99%

262,435

Old Mutual Asset Managers (Namibia) (Pty) Ltd

Old Mutual Life Assurance Company (Namibia) Ltd

0.01%

232,849

Old Mutual Asset Managers (Namibia) (Pty) Ltd

Old Mutual Holdings (Namibia) (Pty) Ltd

0.01%

63,692

Old Mutual Asset Managers (Namibia) (Pty) Ltd

Old Mutual Asset Managers (Namibia) Ltd (Managed fund client assets)

0.00%

3,705,874

Old Mutual Asset Managers (Bermuda) Ltd

Old Mutual Global Asset Fund

0.15%

10,409,248

Old Mutual Asset Managers (Bermuda) Ltd

Old Mutual South Africa Equity Trust Limited

0.42%

871,407

Old Mutual Asset Managers (Bermuda) Ltd

Old Mutual South African Trust Plc

0.04%

272,043

Prudential Portolio Managers S.A. (Pty) Ltd (not an Old Mutual Company)

Old Mutual Life Assurance Company (South Africa) Ltd

0.01%

290,628

Coronation Fund Managers (Pty) Ltd (not an Old Mutual Company)

Old Mutual Life Assurance Company (South Africa) Ltd

0.01%

465,385

Liberty Asset Management (Pty) Ltd (not an Old Mutual Company)

Old Mutual Life Assurance Company (South Africa) Ltd

0.02%

269,776

PeregrineQuant (Pty) Ltd (not an Old Mutual Company)

Old Mutual Life Assurance Company (South Africa) Ltd

0.01%

5,268,312

Quantative Asset Management

Nominee accounts

0.21%

5,101

NIB Securities

Nominee accounts

0.00%

6,374,148

Franklin Templeton/NIB Investments

Nominee accounts

0.26%

658,444

Nedcor Investment Bank Ltd

Nominee accounts

0.03%

1,091,288

Mutual & Federal Limited

Mutual & Federal Limited

0.04%

114,634

Mutual & Federal Namibia Limited

Mutual & Federal Namibia Limited

0.00%

411,651

Phoenix Assurance Limited

Phoenix Assurance Limited

0.02%

212,850

CGU Insurance Limited

CGU Insurance Limited

0.01%

106,425

Sentrasure

Sentrasure

0.00%

383,124

BoE Asset Managers Limited

ABSA Nominees

0.02%

556,700

BoE Asset Managers Limited

Nedcor Bank Nominees

0.02%

1,427,443

BoE Asset Managers Limited

Standard Bank Nominees

0.06%

53,000

Acadian Asset Management

Clients of Acadian Asset Management

0.00%

94,828,044

3.84%

 

BHP Billiton Limited ABN 49 004 028 077
Registered in Australia
Registered Office: 600 Bourke Street Melbourne Victoria 3000
Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
Telephone +44 20 7747 3800 Facsimile +44 20 7747 3900

The BHP Billiton Group is headquartered in Australia