May 4 (Reuters) - BHP Billiton (LON:BLT) Ltd BHP.AX :
* Samarco update
* Federal public prosecution service commenced proceedings against Samarco MineraçãO S.A, Vale and BHP Billiton Brasil LTDA
* Federal public prosecution service commenced proceedings for BRL 155 bln for social, environmental and economic compensation
* BHP Billiton has not received formal notice of the claim
* Inter- Federative Committee (IFC) has been established
* IFC would validate program designs, and review progress and achievement of
objectives of remediation and compensation programs
* Vale and BHP Billiton Brasil established foundation that would develop and
execute environmental and socio-economic programs
* On 2 March 2016 Vale and BHP Billiton Brasil entered into an agreement with
the federal attorney general of Brazil
* Says agreement remains subject to court approval
* Source text for Eikon ID:nASX6r3V6J
*