Westpac Self-Funding Instalments over securities in QAN

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

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

26 June 2020


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 Qantas Airways Limited (QAN) –
Revocation of interim dividend

Westpac Banking Corporation (“Westpac”), is the issuer of the following Westpac Self-Funding
Instalments (“Westpac SFIs”) over Qantas Airways Limited (QAN):

QANSWB
QANSWC
QANSWR

On 25 June 2020, QAN announced that it had decided to revoke their interim dividend (ex-dividend date 2
March 2020) that was due to be paid on 1 September 2020.

As detailed in the Westpac SFIs Product Disclosure Statement (“PDS”), Holders direct that Dividends
be applied to reduce the Completion Payment of the Westpac SFIs. However, as
Dividends paid on
the Underlying Security are used to reduce the Completion Payment of the Westpac SFIs on the ex-
dividend date for the relevant Dividend, Westpac has determined, that in this instance, despite QAN
revoking its interim dividend, the Completion Payment for the following series of Westpac SFIs will remain
unchanged.

ASX Code
Completion
Payment
QANSWB $2.4169
QANSWR $1.2732

Additionally there is no impact on the Completion Payment of QANSWC which was recently issued on
23 June 2020.

For further information please contact Westpac Structured Investments on 1800 990 107.

Capitalised terms not otherwise defined in this announcement have the same meaning as given in the
Westpac SFIs Product Disclosure Statement.

This document has been authorised for release by Tim Hartin, Company Secretary