Westpactrust Securities NZ Ld

As Agent Bank, please be advised of the following rate determined on:
03-Mar-2006

Issue               : Westpac Trust Securities NZ Limited - Series 558
                      EUR 300,000,000 FRN Due 7 Sep 2007
ISIN Number         : XS0245971642
Common Code/
144A ISIN           : 024597164
Issue Nomin     EUR : 300,000,000.00
Period              : 07-Mar-2006 to 07-Apr-2006   Payment Date 07-Apr-2006
Number of Days      : 31
Rate                : 2.624
Denomination    EU  : 100,000.00    300,000,000.00
Amount Payable 
per Denomination    : 225.96        677,866.67

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 1267
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