Transurban : WestConnex Issues A$650 Million AMTN

asx release

24 March 2021

WESTCONNEX ISSUES A$650 MILLION AMTN

Transurban announces that WestConnex Finance Company Pty Limited, the financing vehicle of the WestConnex Group (WCX), will issue A$650 million of fixed rate 10-year senior secured A$ medium term notes (Notes). Transurban owns a 25.5% interest in WCX.

Pricing was completed on 23 March 2021 and settlement is expected to occur on 31 March 2021, subjectto customary closing conditions. The Notes will rank equally with WCX's existing seniorsecured debt and the proceeds will be used to partially refinance an existing A$1.2 billion 2 year bridge facility, and for general corporate purposes.

Transurban Interim CFO Tom McKaysaid of the transaction: "Thisrepresents WCX's inauguralbond issuance and we are pleased with the strong reception that WCX received in the domestic bond market. The success of the issuance demonstrates the underlying strength of the WCX business and extendsWCX's debtmaturity profile."

Investor enquiries	Media enquiries
Tess Palmer	Sarah Chapman
Head of Investor Relations	Manager, Media and Communications
[phone]	[phone]

This announcement is authorised by Transurban CEO, Scott Charlton.

Classification

Transurban Group

Transurban International Limited ABN 90 121 746 825

Transurban Holdings Limited ABN 86 098 143 429

Level 31

Transurban Holding Trust ABN 30 169 362 255

Tower Five, Collins Square 727 Collins Street Docklands

ARSN 098 807 [e-mail]

Victoria 3008 Australia

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