The Board of Westpac Banking Corporation has determined to pay a final ordinary dividend for the year ended September 30, 2009 of 60 cents per fully paid ordinary share on December 21, 2009. This dividend will be franked to the extent of 100% with Australian franking credits. The ex-dividend date is November 9, 2009. The dividend will be paid to all holders of Westpac ordinary shares who are registered on the share register as at the record date, 5.00 pm on November 13, 2009 in Sydney.

Westpac Banking Corporation declared a ordinary dividend of 0.56 cents per fully paid ordinary share payable on December 18, 2009. This dividend will be franked to the extent of 100% with Australian franking credits. The ex-dividend date is November 5, 2009. The dividend will be paid to all holders of Westpac ordinary shares who are registered on the share register as at the record date on November 11, 2009.

Westpac Banking Corporation reported audited consolidated earnings results for the second half and full year ended September 30, 2009. For the second half, interest income was AUD 14,413 million against AUD 16,033 million for the first half of 2009. Net interest income was AUD 6,088 million against AUD 5,558 million for the first half of 2009. Net operating income before operating expenses and impairment charges was AUD 8,418 million against AUD 8,087 million for the first half of 2009. Profit before income tax was AUD 2,995 million against AUD 3,101 million for the first half of 2009. Net profit for the year was AUD 1,301 million against AUD 2,216 million for the first half of 2009. Net profit attributable to equity holders of the company was AUD 1,271 million against AUD 2,175 million for the first half of 2009. Net cash used in operating activities was AUD 10,984 million against net cash provided by operating activities AUD 31,745 million for the first half of 2009. Capital expenditure on purchase of property, plant and equipment was AUD 168 million against AUD 117 million for the first half of 2009. For the full year, interest income was AUD 30,446 million against AUD 29,081 million a year ago. Net interest income was AUD 11,646 million against AUD 7,222 million a year ago. Net operating income before operating expenses and impairment charges was AUD 16,505 million against AUD 11,605 million a year ago. Profit before income tax was AUD 6,096 million against AUD 5,219 million a year ago. Net profit for the year was AUD 3,517 million against AUD 3,932 million a year ago. Net profit attributable to equity holders of the company was AUD 3,446 million against AUD 3,859 million a year ago. Net cash provided by operating activities was AUD 20,761 million against net cash used in operating activities AUD 10,727 million a year ago. Capital expenditure on purchase of property, plant and equipment was AUD 44 million against AUD 285 million a year ago.