Westpac Banking : 259C Exemption Notice - WBC

Notice given in accordance with Australian Securities and Investments

Commission Corporations Act Subsection 259C (2) Exemption

To:MarketAnnouncements Office ASX Limited

20 Bridge Street Sydney NSW 2000

Westpac Banking Corporation (ABN 33 007 457 141) (the"Company") gives notice of theaggregated percentage of voting shares in the company, in respect of which its controlled entities have the power to control voting or disposal of in accordance with the terms of an exemption granted by the Australian Securities and Investments Commission pursuant to subsection 259C (2) of the Corporations Act 2001.

1. Previous Notice

Particulars of the aggregated percentage of voting share in the Company at the time at which it was last required to give a notice to the Australian Securities Exchange (the"ASX") are contained in the noticegiven to the ASX on:18/12/2018

The notice was dated:18/12/2018

2.

Issued Share Capital

3,447,571,023Ordinary shares in the capital of the Company have been issued as at18/03/2019.

3.

Aggregate percentage of voting shares

The aggregated percentage of voting shares in respect of which the Company's controlled entities have the power to control voting or disposal and voting shares underlying derivatives held by the Company'scontrolled entities is:

0.98%of total number of voting shares on issue.

4.

Details of relevant interests

Details of present beneficial holders as at18/03/2019for Westpac Banking Corporation and associated entities:

Holder of interest	Registered holder of securities	Nature of interest (7)	Class and number of securities
Advance Asset Management Limited	HSBC Custody Nominees (Australia) Limited	Advance Asset Management Limited is the RE of various unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.	Ordinary 13,552,763
Asgard Capital Management Limited	Asgard Capital Management Limited	Asgard Capital Management Limited ABN 92 009 279 592 AFSL 240695 is a custodian and operator of Investor-Directed Portfolio Service (IDPS). Asgard Capital	Ordinary 723,747
Management Limited is the custodian and operator of Asgard eWrap Investment, Asgard Funds Account, LifeForce eWrap Investment and Personal Choice Private eWrap Investment Account.
BT Funds Management Limited	HSBC Custody Nominees (Australia) Limited	BT Funds Management Limited is the manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.	Ordinary 10,914,750
BT Funds Management No.2 Limited	HSBC Custody Nominees (Australia) Limited	BT Funds Management No.2 Limited is the manager, trustee or responsible entity of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.	Ordinary 160,585
BT Funds Management (NZ) Limited	Guardian Nominees No. 2 Limited	BT Funds Management (NZ) Limited is the manager of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.	Ordinary 505,705
Westpac RE Limited	HSBC Custody Nominees (Australia) Limited	Westpac RE Limited is the manager, trustee or responsible entity of various superannuation funds, institutional investor portfolios and unit trusts and, in that capacity, can exercise the power to vote or dispose of the shares.	Ordinary 5,489,776
Westpac Financial Services Limited	HSBC Custody Nominees (Australia) Limited	Westpac Financial Services Group Limited Registered Holder of Securities. ABN 50 000 326 312.	Ordinary 2,400,466
Westpac Institutional Banking*	Westpac Institutional Banking	Westpac Institutional Bank (WIB): provides financial services to the corporate and institutional customer base, assisting and advising in the management of cash, funding, capital and market risk for companies and institutions in Australia and New Zealand. In this capacity, can exercise the power to vote or dispose of the shares.	Ordinary 30,669

(*)Westpac Institutional Bank is a business name of Westpac Banking Corporation.

5.

Addresses

The addresses of persons named in this form are as follows:

Name	Address
Westpac Banking Corporation (WBC)	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
Advance Asset Management Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
Asgard Capital Management Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
BT Funds Management Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
BT Funds Management (NZ) Limited	Westpac On Takutai Square, 16 Takutai Square, Auckland 1010 NZ
BT Funds Management No.2 Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
Westpac RE Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
Westpac Financial Services Limited	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000
Westpac Institutional Banking	Level 18, Westpac Place, 275 Kent Street, Sydney NSW 2000

Signature

Print name	capacity	Company Secretary
Sign here	date	19/03/2019

Tim Hartin