UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

July 7, 2015

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:    x  Form 20-F     ¨  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:    ¨  Yes    x  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

		BHP Billiton Limited		BHP Billiton Plc
		171 Collins Street		Neathouse Place
		Melbourne Victoria 3000 Australia		London SW1V 1LH UK
		GPO BOX 86		Tel +44 20 7802 4000
		Melbourne Victoria 3001 Australia		Fax + 44 20 7802 4111
		Tel +61 1300 55 47 57 Fax +61 3 9609 3015		bhpbilliton.com
		bhpbilliton.com

Company Secretariat

7 July 2015

Demerger of South32

Remittance of proceeds to Selling Shareholders and Ineligible Overseas Shareholders

BHP Billiton advises that following completion of the demerger of South32, the sale of the South32 Shares attributable to Selling Shareholders (being Small Shareholders who elected to participate in the Sale Facility) and Ineligible Overseas Shareholders, as detailed in section 7.12 of the Shareholder Circular dated 16 March 2015, has been completed.

Goldman Sachs Australia Pty Limited was engaged as the Sale Agent.

The volume-weighted average price (VWAP) of the South32 Shares sold was A$2.07358452.

The following table details the currency exchange rates applicable to the remittance of proceeds from the sale of the South32 Shares:

Proceeds will be distributed to participating Small Shareholders and Ineligible Overseas Shareholders on 10 July 2015 in the currency elected in the Selling Shareholder’s or Ineligible Overseas Shareholder’s standing dividend currency election, or if an election was not made before the relevant Record Date, in the currency in which the Selling Shareholder is paid their BHP Billiton dividend.

Rachel Agnew

Company Secretary

The BHP Billiton Group is headquartered in Australia

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.