RNS Number:4315D
Westpactrust Securities NZ Ld
10 May 2001


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
10-May-2001.

Issue             :  Westpac Trust Securities NZ Limited - Series 69
                     US$500,000,000 (MTN) FRN due 13th May 2002
ISIN NO           :  XS0097557564
Issue Nominal USD :  500,000.000.00
Period            :  14-May-2001  To  13-Aug-2001    Payment Date 13-Aug-2001
Number of Days    :  91
Rate              :  4.06
Denomination USD  :  10,000.00
Amount Payable       
Per Denomination  :  102.63

From:
Steven Coutts                        Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7438



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