Structured Investments

Level 11, Tower Two

International Towers Sydney

200 Barangaroo Avenue

Barangaroo NSW 2000

Telephone: 1800 990 107

www.westpac.com.au/structuredinvestments

15 September 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

CSL Limited (CSL) - Dividend amendment announcement

Westpac Banking Corporation, as issuer of Westpac Vanilla Instalment Equity Warrants ("Westpac VIEWs") over the following Underlying Securities, notifies of an amendment to the dividend previously announced in respect of those Underlying Securities:

Underlying Securities

CSL Limited (CSL)

Dividend/distribution type

Final dividend

Amount

$1.4696 per security

Franking percentage

0%

Ex-distribution Date

10 September 2020

Record Date

11 September 2020

Payment Date

On or about 9 October 2020

As a result of CSL confirming their dividend in Australian dollars, having fixed the AUD/USD exchange rate for that dividend, the previously announced dividend amount on the series of Westpac VIEWs noted below is amended from $1.4810 per security to $1.4696 per security.

CSLIWM

CSLIWO

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 15 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2020 10:44:03 UTC