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

Barangaroo NSW 2000

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

30 June 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 Vanguard Australia Shares Index ETF (VAS)

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

Vanguard Australia Shares Index ETF (VAS)

Distribution/Entitlement

Estimated distribution

Amount

$0.4995 per security

Franking percentage

0%

Ex-distribution/Entitlement Date

3 July 2017

Record Date

4 July 2017

Payment Date

On or about 18 July 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 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

VASSWA

$38.5597

$0.4995

$38.0602

VASSWR

$36.9845

$0.4995

$36.4850

VASSWX

$23.4255

$0.4995

$22.9260

VASSWZ

$23.1337

$0.4995

$22.6342

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 30 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 July 2017 06:16:08 UTC.

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