Westpac Banking. 60IP Dividend Declaration

  Westpac Banking. (60IP) - Dividend Declaration

RNS Number : 3389Q
Westpac Banking Corporation
05 November 2012

                         WESTPAC BANKING CORPORATION


                         2012 FINAL ORDINARY DIVIDEND

Amount and payment date

The Board of Westpac Banking Corporation (Westpac) today announced in its full
year 2012 results announcement that it has determined to pay a final  dividend 
for the year ended 30 September 2012 of 84 cents per fully paid ordinary share
on 20 December 2012.

The dividend will be 100% franked with Australian franking credits.

Attached to the 2012 final dividend will be New Zealand imputation credits of
NZD 0.08 per ordinary share.

Record date

The dividend will be paid  to all holders of  Westpac ordinary shares who  are 
registered on the share register at 5:00 pm (Sydney time) on 15 November  2012 
(5:00 pm on 14 November 2012 in New York).

Ex-dividend date

The ex-dividend date is 9 November 2012.

Dividend Reinvestment Plan (DRP)

The Westpac Board has determined that the DRP will operate as follows for  the 
2012 final dividend:

· The Market  Price at  which shares  are issued  under the  DRP will  not 
include a discount.

· The pricing period for setting the  Market Price will be the 10  trading 
days commencing 19 November 2012.

The DRP discount and price terms  are reviewed prior to each dividend  payment 
and the DRP terms that will apply to future dividends will be announced to the
ASX at the relevant times.

The DRP terms  that apply to  this dividend, and  a complete copy  of the  DRP 
terms an conditions, can be  found within the Shareholder Information  section 
of Westpac's website at www.westpac.com.au/investorcentre.

If shareholders wish to participate in  the DRP for the upcoming dividend,  or 
to change their level of participation,  they must complete a DRP  application 
or variation form  and return  it to  Westpac's share  Registrar, Link  Market 
Services, by no later than 5 pm (Sydney time) on 15 November 2012.

5 November 2012

                     This information is provided by RNS
           The company news service from the London Stock Exchange


DIVBDBDBLXGBGDU -0- Nov/05/2012 12:38 GMT
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