41MF Hsbc Bk. 23

    

Westpac Banking Corporation




As Agent Bank, please be advised of the following rate determined on: 18-Apr-2007

Issue               : Westpac Banking Corporation - Series 587
                      USD 300,000,000.00 FRN Due 20 Oct 2016
ISIN Number         : XS0272075705
Common Code/        : 27207570
144A ISIN
Issue Nomin     USD : 300,000,000.00
Period              : 20-Apr-2007 to 20-Jul-2007          Payment Date 20-Jul-2007
Number of Days      : 91
Rate                : 5.56813
Denomination USD    : 100,000.00                  300,000,000.00

Amount Payable
per Denomination    : 1,407.50                    4,222,498.58

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

Hsbc Bk. 23 (LSE:41MF)
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Hsbc Bk. 23 (LSE:41MF)
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