Westpac Banking Corporation


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Funding and securitisation

Credit ratings

Westpac Banking Corporation
Agency Short term Long term Outlook
Fitch Ratings  F1+  AA-  Stable
Moody's Investors Service  P-1  Aa1  Negative
Standard & Poor's   A-1+  AA  Stable
Westpac New Zealand Limited
Agency Short term Long term Outlook
Fitch Ratings  F1+  AA-  Stable
Moody's Investors Service  P-1  Aa2  Stable
Standard & Poor's   A-1+  AA  Stable

For more information on what our credit ratings mean you can visit the following websites:

www.standardandpoors.com.au
Standard & Poor's Ratings Services is the world's leading provider of timely, objective credit analysis and information

www.moodys.com.au
Moody's Investor Service, the leading provider of independent credit ratings, research and financial information to the capital markets. Additional information about the company is also available at www.moodys.com.

www.fitchratings.com
Fitch is an international rating agency that provides global capital market investors with the highest quality ratings and research.