Westpactrust Securities NZ Ld

As Agent Bank, please be advised of the following rate determined on:04-Aug-2005

Issue               : Westpac Trust Securities NZ Limited - Series 362
                      EUR 100,000,000 FRN Due 08 August 2006
ISIN Number         : XS0173503581
Common Code/        : 17350358
144A ISIN           
Issue Nomin     EUR : 100,000,000.00
Period              : 08-Aug-2005 to 08-Feb-2006      Payment Date 08-Feb-2006 
Number of Days      : 184
Rate                : 2.188
Denomination     EU : 1,000,000.00
Amount Payable      : 11,183.11
per Denomination    


Rate Fix Desk                      Telephone   44(0) 1202 34 1286
Institutional Trust Services       Facsimile   44(0) 1202 34 1267
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