Westpac Banking : SFIs over securities in CWN

Structured Investments

Level 11, Tower Two

International Towers Sydney

200 Barangaroo Avenue

Barangaroo NSW 2000

Telephone: [phone]

www.westpac.com.au/structuredinvestments

17 September 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 Crown Resorts Limited (CWN)

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	Crown Resorts Limited (CWN)
Distribution/Entitlement	Final dividend
Amount	$0.3000 per security
Franking percentage	25%
Ex-distribution/Entitlement Date	19 September 2019
Record Date	20 September 2019
Payment Date	On or about 04 October 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 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

		Distribution
	Previous	applied to	New
ASX Code	Completion	reduce	Completion
	Payment	Completion	Payment
		Payment
CWNSWB	$6.1302	$0.3000	$5.8302
CWNSWR	$5.2255	$0.3000	$4.9255
CWNSWT	$3.8071	$0.3000	$3.5071

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

For and on behalf of Westpac Banking Corporation