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Further to Westpac New Zealand Limited’s (WNZL) announcement earlier today, WNZL has released the final terms sheet relating to its issue of perpetual preference shares. For further information, please contact a Joint Lead Manager (listed below) or your usual financial advice provider. Arranger and Joint Lead Manager Westpac 0800 772 142 Joint Lead Managers BNZ 0800 284 017 Craigs Investment Partners 0800 272 442 Forsyth Barr 0800 367 227 Jarden 0800 800 372 Authorised by: Name: Ollie Williams, Treasurer, Westpac New Zealand Limited. Contact Details: (+64 9) 348 9995 The contact person for this announcement is: Name: Ollie Williams, Treasurer, Westpac New Zealand Limited. Contact Details: (+64 9) 348 9995