As Agent Bank, please be advised of the following rate determined            on: 23-Dec-2008
 Issue                             � Westpac Banking Corporation - Series 572
                                   EUR 1,000,000,000.00 FRN Due 27-Jun-2011
 ISIN Number                       � XS0259085388
 Common Code / 144A ISIN           � 25908538
 Issue Nomin EUR                   � 1,000,000,000.00
 Period                            � 29-Dec-2008 to 27-Mar-2009              Payment Date 27-Mar-2009
 Number of Days                    � 88
 Rate                              � 3.094
 Denomination EUR                  � 50,000.00             � 1,000,000,000.00                   �
                                                                                                     
 Amount Payable per Denomination   � 378.16                � 7,563,111.11                       �
                                                                                                     
 Bank of New York
 Rate Fix Desk                                             Telephone         � 44 1202 689580
 Corporate Trust Services                                  Facsimile         � 44 1202 689601
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