Structured Investments Level 11, Tower Two International Towers Sydney 200 Barangaroo Avenue

Barangaroo NSW 2000

Telephone: 1800 990 107 www.westpac.com.au/structuredinvestments

19 September 2016

Mr Martin Dinh Warrant Administration

Australian Securities Exchange Level 6, 20 Bridge St

Sydney NSW 2000

Dear Mr Dinh

Re: Westpac Self-Funding Instalments over securities in Newcrest Mining Limited (NCM)

Westpac Banking Corporation, as issuer of Self-Funding Instalments ("SFI") over the following securities, notifies of a distribution/entitlement in respect of those securities:

Distribution/Entitlement of Security

Securities

Newcrest Mining Limited (NCM)

Distribution/Entitlement

Estimated distribution

Amount

$0.0975 per security

Franking percentage

0%

Ex-distribution/Entitlement Date

21 September 2016

Record Date

22 September 2016

Payment Date

On or about 18 October 2016

As detailed in the applicable Product Disclosure Statement ("PDS"), SFI holders direct that dividends be applied to reduce the Completion Payment of the SFI. The following SFI will commence trading ex- distribution on the same date as the underlying securities are ex-distribution. Should the final distribution amount differ from the above mentioned estimated amount Westpac Banking Corporation reserves the right to account for the difference in a subsequent announcement.

Resulting Change in Completion Payment for Self Funding Instalments

ASX Code

Previous Completion Payment

Distribution applied to reduce Completion Payment

New Completion Payment

NCMSWK

$8.0401

$0.0975

$7.9426

NCMSWL

$5.6296

$0.0975

$5.5321

NCMSWR

$8.2689

$0.0975

$8.1714

NCMSWV

$15.8747

$0.0975

$15.7772

For further information please contact Westpac Banking Corporation on 1800 990 107.

For and on behalf of Westpac Banking Corporation

Westpac Banking Corporation published this content on 19 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 September 2016 07:30:06 UTC.

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