Westpac Banking : Self-Funding Instalments over securities in BHP

Structured Investments

Level 11, Tower Two International Towers Sydney

200 Barangaroo Avenue Barangaroo NSW 2000

Telephone: [phone]www.westpac.com.au/structuredinvestments

8 January 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 BHP Group Limited (BHP)

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	BHP Group Limited (BHP)
Distribution/Entitlement	Estimated special dividend
Amount	$1.4180 per security
Franking percentage	100%
Ex-distribution/Entitlement Date	10 January 2019
Record Date	11 January 2019
Payment Date	On or about 30 January 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 following SFIs will commence trading ex-dividend on the same date as the underlying securities are ex-dividend. Should the final dividend amount differ from the above mentioned estimated amount Westpac Banking Corporation reserves the right to account for the difference in a subsequent announcement.

Resulting Change in Completion Payment for Self Funding Instalments

ASX Code	Previous Completion Payment	Dividend applied to reduce Completion Payment	New Completion Payment
BHPSWA	$10.9956	$1.4180	$9.5776
BHPSWR	$13.9041	$1.4180	$12.4861
BHPSWW	$6.2598	$1.4180	$4.8418

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

For and on behalf of Westpac Banking Corporation