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Westpac Self-Funding Instalments over securities in IAG

Operational Update16 February 2018WBCFinancials

Structured Investments
Level 11, Tower Two

International Towers Sydney

200 Barangaroo Avenue

Barangaroo NSW 2000


Telephone: 1800 990 107

www.westpac.com.au/structuredinvestments


16 February 2018


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

Insurance Australia Group Limited (IAG)



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

Insurance Australia Group Limited (IAG)

Distribution/Entitlement

Interim dividend

Amount

$0.1400 per security

Franking percentage

100%

Ex-distribution/Entitlement Date

20 February 2018

Record Date

21 February 2018

Payment Date

On or about 29 March 2018


As detailed in the applicable Product Disclosure Statement (“PDS”), SFI holders direct that dividends

be applied to reduce the Completion Payment of the SFIs. 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

IAGSWA $3.0855 $0.1400 $2.9455

IAGSWR $2.9323 $0.1400 $2.7923


For further information please contact Westpac Banking Corporation on 1800 990 107.


For and on behalf of Westpac Banking Corporation

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