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

Barangaroo NSW 2000

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

7 March 2017

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 QBE Insurance Group Limited (QBE)

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

QBE Insurance Group Limited (QBE)

Distribution/Entitlement

Final dividend

Amount

$0.3300 per security

Franking percentage

50%

Ex-distribution/Entitlement Date

9 March 2017

Record Date

10 March 2017

Payment Date

On or about 13 April 2017

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 new Completion Payment/s will become effective from the ex-dividend date. The following SFIs will commence trading ex-dividend on the same date as the underlying securities are ex-dividend.

Resulting Change in Completion Payment for each Self Funding Instalment

ASX Code

Previous Completion Payment

Distribution applied to reduce Completion Payment

New Completion Payment

QBESWJ

$5.8650

$0.3300

$5.5350

QBESWR

$7.1985

$0.3300

$6.8685

QBESWV

$9.7573

$0.3300

$9.4273

QBESWW

$5.4260

$0.3300

$5.0960

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 07 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 March 2017 01:37:09 UTC.

Original documenthttp://ir.iguana2.com/westpac/news-item?S=WBC&E=ASX&N=1002930

Public permalinkhttp://www.publicnow.com/view/5AC72A92537299E91B90CC1ABD08371D2CA99AA4