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Exchange of NZ Class Shares for Westpac Ordinary Shares
On 5 May 2005 Westpac announced its decision to exchange the NZ Class shares for Westpac ordinary shares. This followed an initial announcement in November 2004 that Westpac had the option to exchange the NZ Class shares for Westpac ordinary shares as a result of changes to Australian tax rules.
A formal notice of the exchange (the "Exchange Notice") was sent to NZ Class shareholders on 7 July 2005.
As a result of the Exchange Notice, on 11 July 2005 each NZ Class share was exchanged for one ordinary share in Westpac Banking Corporation.
Westpac has established a New Zealand branch register for the former NZ Class shareholders, which will be maintained by Link Market Services Limited (LINK). This register forms part of Westpac's main register of holders of ordinary shares.
Link Market Services Limited
| Address: | Level 12, 120 Albert Street Auckland New Zealand |
| Postal address: | PO Box 91976 Auckland 1030 New Zealand |
| Telephone: | 0800 002 727 (free call in New Zealand) or (+649) 375 5998 |
| Fax: | (+649) 375 5990 |
| Email: | lmsenquiries@linkmarketservices.com |
| Website: | Link Market Services NZ |
Exchange Notice to NZ Class Shareholders (PDF 29kb) 7 July 2005 NZ Class shareholder explanatory letter (PDF 289kb) 9 May 2005 Summary of tax consequences of exchange (PDF 110kb) 9 May 2005 Exchange Deed (PDF 211kb) 3 September 1999
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