Westpac Banking.


As Agent Bank, please be advised of the following rate determined on: 21-Dec-2006

Issue               : WESTPAC BANKING COPORATION - SERIES 572
                      EUR 1,000,000,000.00 FRN FRN Due 27 JUNE 2011
ISIN Number         : XS0259085388
Common Code/        : 25908538
144A ISIN
Issue Nomin     EUR : 1,000,000,000.00
Period              : 27-Dec-2007 to 27-Mar-2007          Payment Date 27-Mar-2007
Number of Days      : 90
Rate                : 3.789
Denomination EUR    : 50,000.00                   1,000,000,000.00

Amount Payable
per Denomination    : 473.63            9,472,500.00

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 8226
Institutional Trust Services  Facsimille          44 (0) 1202 34 7939
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