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

Barangaroo NSW 2000

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

8 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 Woodside Petroleum Limited (WPL)

Westpac Banking Corporation ("Westpac"), as issuer of Self-Funding Instalments ("SFI") over the following securities, notifies of an amendment to the previously announced dividend in respect of those securities:

Distribution/Entitlement of Security

Securities

Woodside Petroleum Limited (WPL)

Distribution/Entitlement

Final distribution

Amount

$0.6483 per security

Franking percentage

100%

Ex-distribution/Entitlement Date

2 March 2017

Record Date

3 March 2017

Payment Date

On or about 29 March 2017

As a result of Woodside Petroleum Limited confirming their dividend in Australian Dollars, having fixed the USD/AUD exchange rate for that dividend, Westpac is amending the previously announced dividend payable on the SFIs listed below from $0.6390 per security to $0.6483 per security.

Resulting Change in Completion Payment for each Self Funding Instalment

ASX Code

Previous Completion Payment

Dividend Adjustment

New Completion Payment

WPLSWJ

$9.1270

$0.0093

$9.1177

WPLSWR

$18.5710

$0.0093

$18.5617

WPLSWV

$21.6429

$0.0093

$21.6336

WPLSWW

$11.7486

$0.0093

$11.7393

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 08 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 March 2017 23:18:04 UTC.

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