Microsoft Word - SYD SFI Div Announcement 24 06 2016.doc

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

Barangaroo NSW 2000

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

27 June 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 Sydney Airport (SYD)

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

Sydney Airport (SYD)

Distribution/Entitlement

Interim distribution

Amount

$0.15 per security

Franking percentage

0%

Ex-distribution/Entitlement Date

29 June 2016

Record Date

30 June 2016

Payment Date

On or about 12 August 2016

As detailed in the applicable Product Disclosure Statement ("PDS"), SFI holders direct that distributions be applied to reduce the Completion Payment of the SFI. In addition, for SFIs issued under the PDS dated 30 December 2005, any refund of prepaid interest that follows from this reduction will also be applied to reduce the Completion Payment. The new Completion Payment/s will become effective from the ex-distribution date. The following SFIs will commence trading ex- distribution on the same date as the underlying securities are ex-distribution.

Resulting Change in Completion Payment for each Self-Funding Instalment

ASX Code

Previous Completion Payment

Distribution applied to reduce Completion Payment

Interest Refund applied

to reduce Completion Payment

New Completion Payment

SYDSWG

$1.5779

$0.1500

$0.0000

$1.4279

SYDSWR

$2.7848

$0.1500

$0.0000

$2.6348

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 27 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 June 2016 01:58:05 UTC.

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