The Broken Hill Proprietary Company Limited (BHP) said today reports received at its Melbourne headquarters indicate there have been no problems to date with the Year 2000 date transition at the Company's operations around the world. The situation will continue to be monitored.

BHP Managing Director and CEO Paul Anderson said: "The smooth transition of our businesses and operations is extremely pleasing. It is a credit to the extensive planning and preparation which has been underway to ensure the Company's successful transition to Year 2000."

BHP has been addressing the Year 2000 problem since 1996 and the Company's Year 2000 Project will continue through to March 2000, covering the Leap Year issue.