Westpac Self-Funding Instalments over securities in S32

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

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

5 March 2019

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 South32 Limited (S32)

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
South32 Limited (S32)
Distribution/Entitlement
Estimated Ordinary Dividend ($0.0715) +
Estimated Special Dividend ($0.0238)
Amount
$0.0953 per security
Franking percentage
100%
Ex-distribution/Entitlement Date
07 March 2019
Record Date
08 March 2019
Payment Date
On or about 04 April 2019

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 following SFIs 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
S32SWR $0.8579 $0.0953 $0.7626
S32SWW $0.4862 $0.0953 $0.3909

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

For and on behalf of Westpac Banking Corporation