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

14 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 (“Westpac”), as issuer of Self-Funding Instalments (“SFI”) over the
following securities, notifies of an amendment to the previously announced dividends in respect of
those securities:

Distribution/Entitlement of Security
Securities
South32 Limited (S32)
Distribution/Entitlement
Adjusted Ordinary dividend ($0.0719) +
Adjusted Special dividend ($0.0240)
Amount
$0.0959 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 a result of South32 Limited confirming their dividends in Australian Dollars, having fixed the
USD/AUD exchange rate for the dividends, Westpac is amending the previously announced dividend
payable on the SFIs listed below from $0.0953 per security to $0.0959 per security.

Resulting Change in Completion Payment for each Self Funding Instalment
ASX Code
Previous
Completion
Payment
Dividend
Adjustment
New
Completion
Payment
S32SWR $0.7626 $0.0006 $0.7620
S32SWW $0.3909 $0.0006 $0.3903

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

For and on behalf of Westpac Banking Corporation