10 December 2014
The Manager
Company Announcements Office
Australian Securities Exchange
Dear Sir,

DIVIDEND INVESTMENT PLAN ALLOCATION PRICE - DIVIDEND COMPONENT OF 2014 CAPITAL MANAGEMENT INITIATIVE

Wesfarmers Limited today announced that the allocation price for shares to be issued through the Dividend Investment Plan for the dividend component of the 2014 capital management initiative is $42.2090.
The allocation price for shares has been determined in accordance with the rules of the Dividend Investment Plan, which for the dividend component of the 2014 capital management initiative is calculated as the average of the daily volume weighted average price of Wesfarmers Limited shares on each of the five consecutive trading days during the period from 3 December 2014 to 9 December 2014 inclusive, excluding trades which are not considered to reflect normal supply and demand.
Based on audited data, shareholders representing 14.28 per cent of Wesfarmers Limited shares on issue had a valid election to participate in the Dividend Investment Plan.
Shares are expected to be issued to participants in the Dividend Investment Plan on
16 December 2014.

Yours faithfully,
L J KENYON
COMPANY SECRETARY

Wesfarmers Limited ABN 28 008 984 049

11th Floor, 40 The Esplanade, Perth, Western Australia 6000. GPO Box M978, Perth W A 6843. www.wesfarmers.com.au

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