Helping you trade your way

Helping you trade your way

2 3 4 5 7 8 10 Enhance your investing and trading performance with Westpac Broking Make fast, easy orders Stay in control Pay for trades whichever way suits you Discover what else we offer online investors Brokerage rates Get started open a Westpac Broking account It s your turn to trade 2 Westpac Securities Limited ABN 39 087 924 221, AFSL No. 233 723.

You re always ready to seize a great opportunity with Westpac Broking. Westpac Broking provides online investing and trading tools that put you in control of your full share trading potential. It s ideal if you want: The latest company and market analysis Fast, cost-effective trading 24/7 access Simple and organised portfolio management Powerful tools like email/sms alerts and conditional orders A range of flexible settlement options Offsetting buys and sells over different days (Contra trading)

Enhance your investing and trading performance with Westpac Broking. Westpac Broking passes the share trading reins to you, enabling you to buy and sell on your terms. Use your own knowledge and ours The online research centre provides you with a comprehensive directory of company and research information, with access to ASX-listed stock information, market commentary, customised search tools, price charts and more. Everything you need to guide you towards your next opportunity is waiting on your desktop. To take your knowledge even further, you can also access Premium Research* provided by Morningstar. It offers a superior level of independent analysis, as well as access to premium tools and features including: A comprehensive weekly update detailing company recommendation changes, along with overseas and Australian summaries Buy/Sell/Hold recommendations and analysis on the ASX 300 A customised portfolio tool Model portfolios A corporate calendar highlighting upcoming company events Get real time market pricing Request an instant quote and get a snapshot of the market depth for a particular share. You can receive live price quotes, volumes and the top ten price points at which potential buyers and sellers are prepared to trade so you make an informed decision every time. Let us watch the market for you Conditional Orders allow you to define the conditions that must be met within the market before your order is placed. This means you can rest assured that your order will be processed when your conditions are met, giving you full control without having to watch the market continuously. Never be away from the action An Alerts service keeps you up-to-date with what s happening in the market, whether you re on a business trip, in a meeting, or on the golf course. Messages can be sent by either SMS or email when your pre-set market conditions are met on stock price, volume traded and company announcements. Get personal support when you need it Our Trading Room is available to help you along the way. Whether it s for trade assistance, technical support or help with your account, simply contact the team by phone or email for a quick and easy solution to your query. 2 *There is an additional fee for this service.

Make fast, easy orders. With Westpac Broking, it s effortless to buy and sell and then watch the effects of your strategy on your portfolio. No set-up hassles There are no special software requirements to trade online all you need is a compatible internet browser. Keep your trading costs down Trade online or by phone from just $24.95 per trade. Benefits include: No registration or broking account keeping fees Only pay as you trade Buy and sell any ASX-listed securities, including shares and warrants Place orders anytime When you re ready to trade, simply place your orders online, 24/7. If it s after market hours, orders will be processed for placement on the market the next business day. Alternatively, you can call our Trading Room on 13 13 31, Monday to Friday between 7am and 7pm (AEST) where one of our Trading Representatives will assist you in placing your order *. Fast order processing Orders that pass all our automated filters are sent straight to market with no human intervention, making the process quick, easy and secure every time. Review, amend or cancel If market conditions change and you want to amend or cancel an order, you can do so from the moment it is sent, right up until the time your order is filled online or over the phone. 3 Flexible payment options Choose from a range of payment options, including payment direct from any bank account or margin loan. Offsetting buys and sells over different days (Contra trading) Depending on your chosen method of payment, Westpac Broking may offset buy and sell trades made over different days of the settlement period. This process (referred to as Contra trading ) generally makes it easier for you to manage the funds required to settle buy and sell trades. *Brokerage rates are determined by how you place your order. Please refer to page 8 for details.

Stay in control. You can track your portfolio and the market 24/7 simply by logging on to your Westpac Broking account at westpac.com.au/broking Get an instant view of your portfolio, 24/7 Go online and you ll be able to access your account information anytime. Get an instant view of: Your holdings, updated as soon as your transactions have settled Your current CHESS-registered holdings, cost of acquisition, market value of your holdings, unrealised gains and losses and percentage profit/loss Keep a closer watch on shares of interest You can easily customise watch lists and portfolios to track your favourite shares, get a detailed quote with market depth, chart a company against an index or view the trade history for a share or warrant. Our live pricing allows you to receive up-to-the-second market prices and market depth. Stay informed Live company announcements, indices, world and local market reports and information on floats and dividends can all be found at the click of a button. Our market information section enables you to stay in touch with what s happening here and around the world. Trade securely With Westpac Broking, you have the assurance of the latest security encryption, along with a unique customer ID and password, to protect the security of each session. Simplify your record keeping Provide us with your email address and we will email all contract notes to you free of charge, enabling you to file all your trading records electronically. Alternatively, if you prefer, we will send the contract notes by post. Online technical assistance when you need it Our Trading Representatives can assist you with more than just placing an order or getting a quote. If you require technical assistance, or need help using the online Westpac Broking service, you can call 1300 139 494 Monday to Friday, between 7am and 7pm (AEST). 4

Pay for trades whichever way suits you. With Westpac Broking, you ve got a range of flexible ways to settle your trades so nothing stands between you and building a successful share portfolio. Integrated accounts Standard accounts Trade from $24.95 Trade from $29.95 Westpac Cash Facility BT Margin Lending Facility Any bank account Any margin loan Our Integrated Accounts are available when you settle to an eligible Westpac cash account or BT Margin Loan. The Integrated Accounts offer preferred brokerage, a richer view of your portfolio updated as you trade, along with competitive interest rates. Please check our website for the full list of eligible Westpac cash accounts and fees and charges that apply. Our Standard Accounts option gives you greater choice in how you pay for your trades, allowing you to settle to any bank account or margin loan. See your bank for the fees and charges that apply to your settlement account. Integrated accounts 5 Manage both your cash and shares from one place Westpac Broking offers an integrated Westpac Cash Facility, which lets you view your cash, share trading account and portfolio, all from one convenient hub. When you settle via direct debit to an eligible Westpac cash account, you ll enjoy: Preferred brokerage Control of your portfolio view and manage your cash and equity in one place Reduced need for multiple cash accounts Greater flexibility you can place orders up to the value of your combined cash and share portfolio High interest while your funds aren t in the market Westpac Cash Manager account pays high-tiered interest on balances of $10,000 and above, with full access to your cash. (For the latest tiered interest rates, please visit westpac.com.au)

Borrow to increase your market capacity To add to your investment power, you have the option to link your Westpac Broking account to a BT Margin Loan, and take advantage of: Faster execution of trades with Straight Through Processing of your orders Up-to-the-minute loan status view your BT Margin Loan can be viewed on the Westpac Broking site, updated as you trade Control receive detailed messages if order requests are not accepted so you can react and respond immediately Interest savings receive at least 0.20% p.a. off the standard variable and fixed BT Margin Loan interest rates A market leading margin loan BT has over 20 years experience in margin lending Standard accounts Pay conveniently from your own bank account You can link any bank account to your Westpac Broking account and choose from two easy payment options: Direct Debit and BPAY. Direct Debit: Your trades will be automatically paid by direct debit on the day your trade settles. On your application form, you must nominate the bank account you want these payments made from. For security purposes, this bank account must be in the same name as your Westpac Broking account. We also pay sell proceeds to this bank account. BPAY : If you select BPAY, you can pay for your trades via the phone or internet. For more information about internet banking, visit westpac.com.au Have the flexibility to pay from any margin loan If you already have a margin loan with a lender other than BT Margin Lending, then our standard accounts allow you to settle easily to your existing loan. For a preview, take a test drive. Visit westpac.com.au/broking 6

Discover what else we offer online investors. If you re interested in driving your own investment strategies beyond just share trading, Westpac Broking is there to help you maximise your wider investment potential. Access the strength of Westpac s full investment offering Westpac Broking also offers you access to a range of: BT Investment and Superanuation Funds with zero entry fees Gearing solutions, such as BT Margin Lending and protected equity loans Structured Investment products offered by Westpac Bank Cash options such as Westpac Cash Manager account, the BT Cash Management Trust and the BT Premium Cash Fund Visit www.westpac.com.au/broking or call us on 13 13 31 for more information on each of these products. Be rewarded every time you trade with our award-winning Altitude credit card If you re an Altitude cardholder, you ll earn one Altitude point for every dollar spent on brokerage through Westpac Broking. There s no limit to the number of points you can earn and with no points expiry you can redeem the reward of your choice sooner. 7 To apply for an Altitude Credit Card or to find out more, call 1300 761 077 or visit westpac.com.au

Brokerage rates, fees and changes * (GST Inclusive) Internet Trading Integrated Accounts (Westpac Cash Facility** or BT Margin Lending) Standard Accounts (Settlement to any bank account) The greater of $24.95 or 0.11% of trade value The greater of $29.95 or 0.15% of trade value Phone Trading Standard and Integrated accounts Non-BT Margin Lending Accounts Additional Services The greater of $59.90 or 0.44% of trade value The greater of $82.50 or 0.55% of trade value Fee (GST inclusive) Alerts Emails SMS $0.10 per alert (min $1.50 per month) $0.33 per alert, charged directly by phone carrier Conditional Orders Premium Research Sell Only Service $10 per trade in addition to brokerage $20 per month greater of $69.95 or 0.44% of trade value 8 All fees and charges are subject to change without notice, as determined by Westpac Broking. * As at November 2008 ** Integrated Westpac Cash Facility applies only where settlement is by direct debit to an eligible Westpac cash account.

Miscellaneous Fees and Charges These fees are in addition to Brokerage charged on transactions executed with Westpac Broking. Ad hoc Contract Note Request $5 Contract note postal fee Early Settlement Fee Fail Fee (Buy and Sell) Multiple SRNs* per trade $2 per contract note $50 minimum $25 + 0.1% of trade value Minimum $125 per contract per day $20 per SRN in addition to brokerage Off Market Transfer CHESS $50 Off Market Transfer non CHESS $65 Replacement CHESS statement fee $20 per statement Trade Reversal $40 9 *Shareholder Reference Number

Get started Open a Westpac Broking account. The easiest way is to complete the online application form. Alternatively you can download a PDF application form or complete the application form included in this booklet. Whichever way you choose, please ensure you read the Terms and Conditions, CHESS Sponsorship Agreement and Direct Debit Service Agreement. Online application form Visit westpac.com.au/broking Click on Join Now Select the online application form and follow the instructions Once you ve completed your application, review your details, print and sign the application form Send all documents to Westpac Broking, Reply Paid 7777, Cloisters Square, WA 6850 Download PDF application form Visit westpac.com.au/broking Click on Join Now Download the PDF form, print and complete the relevant sections Once you ve completed your application, review your details and sign the application form Send all documents to Westpac Broking, Reply Paid 7777, Cloisters Square, WA 6850 Hard copy application form Complete the relevant sections Review your details and sign your application form Send all documents to Westpac Broking, Reply Paid 7777, Cloisters Square, WA 6850 NOTE: Be sure to include all the mandatory information where indicated 10

What happens next? Once we ve processed your application, your Welcome Pack with your Customer ID, initial password and Financial Services Guide will be sent to you. When you first log onto Westpac Broking you will be presented with our Trading Guide, which provides you with information on how to use Westpac Broking online. We recommend you download a copy of this for future reference. 11

Things you should know: The information in this brochure is current as at 1 November 2008. We respect your privacy. If you do not wish to receive any further marketing communication from any member of the Westpac Group about products or services, please call us on 132 032, write to us via email at westpac.com.au or call into any of our branches. You can also view our privacy policy at westpac.com.au. Please note that information you provide to us may be disclosed to our service providers or other members of the Westpac Group. You can access the personal information we collect, if we have retained it by contacting us in the ways set out above. The earning and redemption of Altitude points is subject to the Altitude Rewards Terms and Conditions. Altitude points are not earned on cash advances. You are also not entitled to points in certain circumstances refer to the Altitude Rewards Terms and Conditions. Points do not expire as long as you are an Altitude cardholder unless the rewards program is terminated. You must have earned a minimum of 3,000 points before you can redeem for any rewards. You must be a member of the relevant frequent flyer program to redeem Altitude points for frequent flyer points. Award points are subject to capacity controls, and availability is limited. The terms and conditions of the relevant frequent flyer program apply. This brochure has been prepared by Westpac Securities Limited (ABN 39 087 924 221 AFSL 233723) trading as Westpac Broking. It is general information only and has been prepared without taking into account your individual objectives, financial situation or needs. Before making an investment decision, you should consider the appropriateness of this information and obtain professional advice to take into account your particular investment objectives, financial situation and needs, as well as considering Westpac Securities Limited s Financial Services Guide. No responsibility is taken for any liability arising out of the provision or use of this brochure, except to the extent that liability cannot be excluded by law. 12

Visit westpac.com.au/broking or call 13 13 31 2008 Westpac Banking Corporation ABN 33 007 457 141 WFS304 (12/08) 143865