Westpac Banking.

As Agent Bank, please be advised of the following rate determined on:23-Jun-2006

Issue               : Westpac Banking Corporation - Series 572
                      EUR 1,000,000,000 FRN Due 27 June 2011
ISIN Number         : XS0259085388
Common Code/
144A ISIN           : 25908538
Issue Nomin     EUR : 1,000,000,000.00
Period              : 27-Jun-2006 to 27-Sep-2006      Payment Date 27-Sep-2006
Number of Days      : 92
Rate                : 3.072
Denomination    EU  : 50,000.00   1,000,000.00
Amount Payable 
per Denomination    : 392.53      7,850,666.67

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

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