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

Barangaroo NSW 2000

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

3 January 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 SPDR MSCI Australia Select High Dividend Yield Fund (SYI)

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

SPDR MSCI Australia Select High Dividend Yield Fund (SYI)

Distribution/Entitlement

Interim dividend

Amount

$0.3638 per security

Franking percentage

93.11%

Ex-distribution/Entitlement Date

29 December 2016

Record Date

30 December 2016

Payment Date

On or about 11 January 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

SYISWJ

$7.6198

$0.3638

$7.2560

SYISWL

$11.9919

$0.3638

$11.6281

SYISWR

$16.6559

$0.3638

$16.2921

SYISWT

$13.2700

$0.3638

$12.9062

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 03 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2017 02:52:13 UTC.

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