Wesfarmers : Ceasing to be a substantial holder

605 page 1/2 15July 2001

Particularsof eachchangein, or changein thenatureof, arelevant interest (2)of thesubstantial holder or anassociate(3 ) invotingsecuritiesof thecompanyor scheme, sincethe substantial holder waslast requiredtogiveasubstantial holdingnoticeto thecompanyor schemeareasfollows:

1. Changes in association

   Thepersonswhohavebecomeassociates (3)of, ceasedtobeassociatesof, or havechangedthenatureof their association(7) with, thesubstantial holder in relationtovoting interests in thecompanyor schemeareasfollows:

   Name andACN/ARSN (if applicable)	Nature of association

2. Addresses

Theaddressesof personsnamedin this formareasfollows:

* At a meeting of the Board on 22 November 2013, the Directors resolved to approve the delegation of the preparation and lodgement of substantial shareholder notices on behalf of BlackRock Investment Management (Australia) Limited.

605 page 2/2 15July 2001

1. If there area number of substantial holders withsimilaror relatedrelevant interests (eg. a corporationandits relatedc orporations, or themanager andtrusteeof an equity trust), thenamescouldbeincludedinanannexure to theform. If therelevant interestsof agroupof personsareess entiallysimilar, theymaybereferredto throughout the formasa specifically namedgroupif themembership of eachgroup, with thenamesandaddressesof members isc learly set out in paragraph4 of the form.

2. See thedefinitionof "relevant interest" in sections608and671B(7)of theCorporationsAct 2001.

3. See thedefinitionof "associate" in section9 of theCorporationsAct 2001.

4. Includedetailsof:

5. anyrelevant agreement orother circumstancesbecauseof which thechangein relevant interest occurred. If subsection671B (4)applies, a copyof any document settingout the termsof anyrelevant agreement, anda statement by thepersongiving full andaccurate details of any contract, scheme or arrangement, must accompanythis form, together witha writtenstatement certifyingthiscontract, schemeor arrangement; and

6. anyqualificationof thepower of apersontoexercise, control theexerciseof, or influencetheexerciseof, thevotingpo wersor disposal of thesecuritiesto whichtherelevant interest relates(indicatingclearly theparticular securitiestowhichthequalificationapplies).

   See thedefinitionof "relevant agreement" in section9 of theCorporationsAct 2001.

7. Detailsof theconsiderationmust includeanyandall benefits,moneyandother, that anypersonfromwhoma relevant intere st wasacquiredhas, ormay, become entitledto receivein relationto that acquisition. Detailsmust beincludedevenif thebenefit isconditional onthehappen ingor not of acontingency. Detailsmust be includedof anybenefit paidonbehalf of thesubstantial holder or itsassociate inrelationto theacquisitions, evenif they arenot paiddirectly to thepersonfrom whom therelevant interest wasacquired.

8. Thevotingsharesof acompanyconstituteoneclassunlessdividedintoseparateclasses.

9. Givedetails, if appropriate, of thepresent associationandanychangein that associationsincethelast substantial holdi ngnotice.

Annexure A

This is Annexure A of 2 pages referred to in form 605 Notice of ceasing to be a substantial shareholder

Kayla Mulvihill, Authorised Signatory

23-Dec-16

Date

2. Changes in relevant interests

WESFARMERS LTD (WES)

Date of Change

Person whose relevant interest changed

Nature of change (4) / Consideration given in relation to change (5)

CCY

Class (6) and number of securities affected

Person's votes affected

19-Dec-16	BlackRock Advisors (UK) Limited	in specie	n/a	AUD	ord	-14,974	-14,974
19-Dec-16	BlackRock Advisors (UK) Limited	in specie	n/a	AUD	ord	-28,999	-28,999
19-Dec-16	BlackRock Advisors (UK) Limited	in specie	n/a	AUD	ord	-60,556	-60,556
19-Dec-16	BlackRock Japan Co., Ltd.	on mkt sell	41.82	AUD	ord	-64	-64
19-Dec-16	BlackRock Advisors (UK) Limited	collateral transfer	n/a	AUD	ord	-185,111	-185,111
19-Dec-16	BlackRock Investment Management, LLC	collateral transfer	n/a	AUD	ord	2,797	2,797
19-Dec-16	BlackRock Investment Management (UK) Limited	collateral transfer	n/a	AUD	ord	67,264	67,264
19-Dec-16	BlackRock Asset Management North Asia Limited	collateral transfer	n/a	AUD	ord	-125,360	-125,360
19-Dec-16	BlackRock Investment Management, LLC	on mkt sell	41.82	AUD	ord	-1,974	-1,974
19-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	41.82	AUD	ord	5,456	5,456
19-Dec-16	BlackRock Investment Management (Australia) Limited	in specie	n/a	AUD	ord	474,962	474,962
19-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	41.82	AUD	ord	7,842	7,842
19-Dec-16	BlackRock Asset Management Canada Limited	on mkt buy	41.82	AUD	ord	3,109	3,109
19-Dec-16	BlackRock Advisors (UK) Limited	on mkt buy	41.82	AUD	ord	399	399
19-Dec-16	BlackRock Advisors (UK) Limited	on mkt sell	41.82	AUD	ord	-2,674	-2,674
19-Dec-16	BlackRock Advisors (UK) Limited	on mkt sell	41.82	AUD	ord	-12,858	-12,858
19-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt buy	41.82	AUD	ord	4,582	4,582
19-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-15,471	-15,471
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.23	AUD	ord	8,454	8,454
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.23	AUD	ord	5,633	5,633
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.29	AUD	ord	15,141	15,141
20-Dec-16	BlackRock Investment Management (UK) Limited	on mkt sell	41.86	AUD	ord	-9,857	-9,857
20-Dec-16	BlackRock Japan Co., Ltd.	collateral transfer	n/a	AUD	ord	2,725	2,725
20-Dec-16	BlackRock Advisors (UK) Limited	collateral transfer	n/a	AUD	ord	63,686	63,686
20-Dec-16	BlackRock Investment Management, LLC	collateral transfer	n/a	AUD	ord	-887	-887
20-Dec-16	BlackRock Investment Management (UK) Limited	collateral transfer	n/a	AUD	ord	-14,399	-14,399
20-Dec-16	BlackRock Asset Management North Asia Limited	collateral transfer	n/a	AUD	ord	-4,714	-4,714
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.23	AUD	ord	2,292	2,292
20-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-3,008	-3,008
20-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-6,016	-6,016
20-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-9,024	-9,024
20-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-18,596	-18,596
20-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt buy	42.27	AUD	ord	2,014	2,014
20-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt buy	42.27	AUD	ord	1,006	1,006
20-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt buy	42.29	AUD	ord	2,445	2,445
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.23	AUD	ord	1,795	1,795
20-Dec-16	BlackRock Investment Management, LLC	on mkt sell	42.29	AUD	ord	-433	-433

WES page 1 of 2

Date of Change

Person whose relevant interest changed

Nature of change (4) / Consideration given in relation to change (5)

CCY

Class (6) and number of securities affected

Person's votes affected

20-Dec-16	BlackRock Institutional Trust Company, National Association	in specie	n/a	AUD	ord	-8,577	-8,577
20-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-56,727	-56,727
20-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt sell	42.23	AUD	ord	-446	-446
20-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt buy	42.27	AUD	ord	4,343	4,343
21-Dec-16	BlackRock Japan Co., Ltd.	collateral transfer	n/a	AUD	ord	-2,712	-2,712
21-Dec-16	BlackRock Advisors (UK) Limited	collateral transfer	n/a	AUD	ord	-395,530	-395,530
21-Dec-16	BlackRock Investment Management, LLC	collateral transfer	n/a	AUD	ord	7,443	7,443
21-Dec-16	BlackRock Investment Management (UK) Limited	collateral transfer	n/a	AUD	ord	-19,909	-19,909
21-Dec-16	BlackRock Asset Management North Asia Limited	collateral transfer	n/a	AUD	ord	12,477	12,477
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-1,068	-1,068
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-1,805	-1,805
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-25,974	-25,974
21-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-1,478	-1,478
21-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-2,956	-2,956
21-Dec-16	BlackRock Fund Advisors	in specie	n/a	AUD	ord	-17,736	-17,736
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-2,220	-2,220
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-30,710	-30,710
21-Dec-16	BlackRock Advisors (UK) Limited	on mkt sell	42.07	AUD	ord	-4,476	-4,476
21-Dec-16	BlackRock Advisors (UK) Limited	on mkt buy	42.07	AUD	ord	3,025	3,025
21-Dec-16	BlackRock Advisors (UK) Limited	on mkt buy	42.07	AUD	ord	262	262
21-Dec-16	BlackRock Advisors (UK) Limited	on mkt sell	42.07	AUD	ord	-906	-906
21-Dec-16	BlackRock Institutional Trust Company, National Association	on mkt sell	42.07	AUD	ord	-1,800	-1,800
21-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.07	AUD	ord	2,078	2,078
21-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.07	AUD	ord	2,508	2,508
21-Dec-16	BlackRock Investment Management (Australia) Limited	on mkt buy	42.07	AUD	ord	5,207	5,207
21-Dec-16	BlackRock Fund Advisors	on mkt sell	42.07	AUD	ord	-18,667	-18,667

WES page 2 of 2