Slide 1: Filed by BHP Billiton under Rule 425
Filed by: BHP Billiton Plc and BHP Billiton Limited Pursuant to Rule 425 under the Securities Act of 1933 Subject Company: Rio Tinto plc Commission File No.: 001-10533 The following are slides comprising a presentation that was given by Alex Vanselow, Chief Financial Officer, BHP Billiton on August
Slide 2: Preliminary Results Sales – Team Briefing
Preliminary Results Sales – Team Briefing August 2008 Alex VanselowChief Financial Officer
Slide 3: Disclaimer
Disclaimer By viewing this presentation you agree to be bound by the following conditions. Thedirectors of BHPBillitonLimitedandBHPBillitonPlc (“BHP Billiton") acceptresponsibility fortheinformation containedin thispresentation. Havingtakenall reasonable caretoensurethatsuchis thecase,theinformation
Slide 4: Disclaimer continued
Disclaimer continued No statement concerning expected cost savings, revenue benefits (and resulting incremental EBITDA) and EPS accretion in this presentation should be interpreted to mean that the future earnings per share of the enlarged BHP Billiton group for current and future financial years wi
Slide 5: Overview – Year ended June 2008
Overview Y –ear ended June 2008 • HSEC • Outstanding operating and financial results – Annual production records set in 7 commodities – Underlying EBITDA up 22% to US$28.0 billion – Underlying EBIT up 21% to US$24.3 billion – Attributable profit of US$15.4 billion, up 12% – Earnings per share of 275
Slide 6: Outstanding results driven by strategy and execution
Outstanding results driven by strategy and execution (a) Underlying EBIT (US$bn) 25 24.3 14.7 20.1 20 15.3 H2 15 9.9 10 9.6 5.5 5 3.5 H1 3.1 0 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 Preliminary Results Sales - Team Briefing Notes: Slide 5 a) FY2002 to FY2005 calculated on the basis of UKGA
Slide 7: A track record of project delivery
A track record of project delivery Copperequivalent growth(a) production (Indexed, 100=FY2001) 200 • Projects successfully delivered: – 44 since the DLC merger 150 – 10 completed in FY2008 • 10% growth estimated in FY2009 • Completed projects ramping up in FY2009 100 – Atlantis South, Genghis Khan,
Slide 8: Diversity = Stability and Strength
Diversity = Stability and Strength (1) EBIT Margin % 80 70 60 Petroleum Aluminium 50 Base Metals D&SP SSM 40 Iron Ore Manganese 30 Met Coal Energy Coal 20 BHP Billiton 10 0 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 Preliminary Results Sales - Team Bri
Slide 9: Short-term global challenges exist
Short-term global challenges exist (a) United States annualGDPgrowth (Annual growth, %) 6% • Global economic activity is moderating 4% • Financial market instability, housing market decline and inflationary 2% pressures • Emerging economies not immune 0% Jun-06Sep-06Dec-06Mar-07Jun-07Sep-07Dec-07Mar
Slide 10: However, long-term fundamentals of emerging/developing economies remain intact
However, long-term fundamentals of emerging/developing economies remain intact IMF world GDP growth (%) 12% Developed Economies Emerging & Developing Economies China 10.1% 10.1% 9.8% 10% 9.4% 8% 7.0% 6.7% 6.4% 6% 4% 3.5% 2.8% 2.9% 2.3% 2% 1.3% 0% Average historical growthAverage historical growthAve
Slide 11: Supply-side constraints are limiting the industry's response
Supply-side constraints are limiting the industry’s response Existing Supply Future Supply Growth • Equipment stress • Infrastructure bottlenecks • Industrial action and wage disputes• Developments are increasingly • Labour shortages tending to be: • Equipment shortages – Smaller • Significant cost
Slide 12: Accelerating growth from a diversified portfolio of projects
Accelerating growth from a diversified portfolio of projects Production incopperequivalent tonnes % of growth CY2007-2012 (Copper equivalent tonnes '000s) (Estimated & unrisked) 14,000 12,000 Steelmaking Non-Ferrous Materials 10,000 18% 8,000 45% 6,000 37% 4,000 Energy 2,000 0 CY2007 CY2008 CY2009FC
Slide 13: Delivering superior returns to shareholders
Delivering superior returns to shareholders Ordinary dividends per share Earnings per share (US cents per share) (US cents per share) 70 300 H1 H2 60 250 CAGR 36% CAGR 37% 50 200 40 150 30 100 20 50 10 0 0 FY2005 FY2006 FY2007 FY2008 FY2005 FY2006 FY2007 FY2008 Preliminary Results Sales - Team Brief
Slide 14: Summary
Summary • Excellent operating and financial results • Long-term demand outlook remains strong despite some short-term economic uncertainty • Supply-side constraints are limiting the ability for the industry to respond to demand growth • BHP Billiton’s portfolio of assets focused in stable geographie
Slide 15: Indicative Timetable for the Offer
Indicative Timetable for the Offer Offer Announcement Satisfaction of Regulatory Approval Pre-conditions Offer Period 6-Feb-2008 • 30-May-2008: FormCOfiledwiththeEuropean Early 2009 • BHP Billiton Commission • UK Offer Timetable announced pre- • 3-Jul-2008:US merger review completed • 50% minimum co
Slide 16: bhpbilliton
ébl bhpbilliton sourcing the future