Westpac VIEWs over securities in WPL

Structured Investments
Level 11, Tower Two
International Towers Sydney
200 Barangaroo Avenue
Barangaroo NSW 2000

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

20 February 2018

Mr Martin Dinh
Warrant Administration
Australian Securities Exchange
Level 6, 20 Bridge St
Sydney NSW 2000


Dear Mr Dinh

Re: Westpac Vanilla Instalment Equity Warrants over securities in
Woodside Petroleum Limited (WPL)


Westpac Banking Corporation is the issuer of the following Vanilla Instalment Equity Warrants (“VIEWs”)
over securities in WPL:

WPLIWK

As issuer, Westpac Banking Corporation notifies an adjustment to the Completion Payment in respect of
those VIEWs:

On 14 February 2018, WPL announced a 1 for 9 pro-rata accelerated renounceable entitlement offer.
Under the Terms of Issue of the above warrants, Westpac has sold the rights entitlement at an average
price of $1.51 per right. As a result, holders will have their Completion Payment reduced by $0.1678 per
warrant. The new Completion Payments will become effective immediately. The following VIEWs will
commence trading on an adjusted basis on 20 February 2018:

Resulting Change in Completion Payment for each VIEW
ASX Code
Previous
Completion
Payment
Rights Sale Proceeds
applied to reduce
Completion Payment
Interest
Refund applied to
reduce Completion
Payment
New
Completion
Payment
WPLIWK $20.0000 $0.1678 $0.0026 $19.8296

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


For and on behalf of Westpac Banking Corporation