REG-Westpac Banking Corporation FRN Variable Rate Fix

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Mon Mar 30, 2009 12:04pm EDT

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 30/03/09                                                           
 Issue                            | Westpac Banking Corporation - Series 657 - EUR 5,000,000 FRN Due 01 Oct 2015                         
                                                                                                                                         
 ISIN Number                      | XS0320673873                                                                                         
 ISIN Reference                   | 32067387                                                                                             
 Issue Nomin EUR                  | 5,000,000                                                                                            
 Period                           | 01/04/09 to 01/07/09                                         Payment Date 01/07/09                 
 Number of Days                   | 91                                                                                                   
 Rate                             | 1.55                                                                                                
 Denomination EUR                 | 50,000                | 5,000,000                                                    |           
                                                                                                                                        
 Amount Payable per Denomination  | 195.90                | 19,590.28                                                    |           
                                                                                                                                        
 Bank of New York                                                                                                                       
 Rate Fix Desk                                             Telephone                            | 44 1202 689580                      
 Corporate Trust Services                                   Facsimile                            | 44 1202 689601                      


Westpac Banking Corporation 

Copyright Business Wire 2009

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