Westpac Self-Funding Instalments over securities in IPL

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 November 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 Incitec Pivot Limited (IPL)

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
Incitec Pivot Limited (IPL)
Distribution/Entitlement
Final dividend
Amount
$0.0620 per security
Franking percentage
20%
Ex-distribution/Entitlement Date
22 November 2018
Record Date
23 November 2018
Payment Date
On or about 17 December 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
IPLSWR $2.3112 $0.0620 $2.2492

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

For and on behalf of Westpac Banking Corporation