Structured Investments

Level 11, Tower Two

International Towers Sydney

200 Barangaroo Avenue

Barangaroo NSW 2000

Telephone: 1800 990 107

www.westpac.com.au/structuredinvestments

4 August 2020

Mr Martin Dinh

Warrant Administration

Australian Securities Exchange

Level 6, 20 Bridge St

Sydney NSW 2000

Dear Mr Dinh

Re: Westpac Vanilla Instalment Equity Warrants over securities in

Rio Tinto Limited (RIO) - Dividend announcement

Westpac Banking Corporation, as issuer of Westpac Vanilla Instalment Equity Warrants ("Westpac VIEWs") over the following Underlying Securities, notifies of a dividend in respect of those Underlying Securities.

Underlying Securities

Rio Tinto Limited (RIO)

Dividend/distribution type

Interim dividend

Amount

$2.1647 per security

Franking percentage

100%

Ex-dividend Date

6 August 2020

Record Date

7 August 2020

Payment Date

On or about 17 September 2020

Correspondingly, the following series of Westpac VIEWs will commence trading on an ex-dividend basis on same date as the Underlying Securities are ex-dividend:

RIOIWM

RIOIWO

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 VIEWs Product Disclosure Statement.

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

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Westpac Banking Corporation published this content on 04 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2020 09:30:19 UTC