Woodside Petroleum : Notification of dividend update

Notification of dividend / distribution

Update Summary

Entity name

WOODSIDE PETROLEUM LTD

Security on which the Distribution will be paid

WPL - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Friday September 11, 2020

Reason for the Update

Update to Appendix 3A.1 released on Thursday August 27, 2020, to advise of the DRP share price.

Additional Information

All references to $ in this form are to USD, unless otherwise stated.

Refer to below for full details of the announcement

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

WOODSIDE PETROLEUM LTD

1.2	Registered Number Type	Registration Number
ABN	55004898962
1.3	ASX issuer code
WPL

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Update to Appendix 3A.1 released on Thursday August 27, 2020, to advise of the DRP share price.

1.4b Date of previous announcement(s) to this update

Thursday August 27, 2020

1.5 Date of this announcement

Friday September 11, 2020

1.6 ASX +Security Code

WPL

ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Tuesday June 30, 2020

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2A.4 +Record Date

Tuesday August 25, 2020

2A.5 Ex Date

Monday August 24, 2020

2A.6 Payment Date

Friday September 18, 2020

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

USD - US Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

USD 0.26000000

2A.9a AUD equivalent to total dividend/distribution amount per +security

AUD 0.36247038

2A.9b If AUD equivalent not known, date for information	Estimated or Actual?
to be released	Actual
Thursday August 27, 2020
2A.9c FX rate (in format AUD 1.00 / primary currency	FX rate (in format AUD rate/primary currency rate)
rate): AUD	Primary Currency rate
AUD 1.00	USD 0.71730000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

No

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

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Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

2B.2 Please provide a description of your currency arrangements

Woodside dividends are determined and declared in US dollars. However, shareholders will receive their dividend in Australian dollars unless their registered address is in the United Kingdom, where they will receive their dividend in British pounds, or in the United States, where they will receive their dividend in US dollars. Shareholders who reside outside of the United States can elect to receive their dividend in US dollars, payable into a US financial institution account. Shareholders must make an election to alter their dividend currency on or before the election date of Wednesday August 26, 2020 by contacting the Woodside share registry on 1300 558 507 (within Australia) or [phone] (outside Australia).

Currency conversion will be based on the foreign currency exchange rates on the record date of Tuesday August 25, 2020.

Shareholders who reside outside of the United States, the United Kingdom and Australia may elect to receive their dividend electronically in their local currency using the share registry's Global Wire Payment Service. For a list of currencies offered and how to subscribe to the service, shareholders should contact the share registry.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency	Payment currency equivalent amount per security
AUD - Australian Dollar	AUD 0.36247038
GBP - Pound Sterling	GBP 0.19897908

2B.2b Please provide the exchange rates used for non-primary currency payments

AUD/USD 0.71730000

GBP/USD 1.30667000

2B.2c If payment currency equivalent and exchange	Estimated or Actual?
rates not known, date for information to be released	Actual
Thursday August 27, 2020

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

Yes

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