Westpac Banking.

As Agent Bank, please be advised of the following rate determined on:25-Sep-2008

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              : 29-Sep-2008 to 29-Dec-2008        Payment Date 29-Dec-2008
Number of Days      : 91
Rate                : 5.194
Denomination     EU : 50,000.00            1,000,000.00
Amount Payable
per Denomination    : 656.46               13,129,277.7


Bank of New York
Rate Fix Desk                     Telephone    44 1202 689580
Corporate Trust Services          Facsimile    44 1202 689601



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