RNS Number:1368Z
Westpactrust Securities NZ Ld
25 July 2002



As Agent Bank, please be advised of the following rate determined on: 
25-JUL-2002.

Issue             :  WESTPAC TRUST SECURITIES NZ LIMITED
                     USD300,000,000 GUARANTEED FRN DUE 29 JAN 2004
ISIN Number       :  XS0123291139
Issue Nominal USD :  300,000,000.00
Period            :  29-JUL-2002  To  29-OCT-2002    Payment Date  29-OCT-2002

Number of Days    :  92
Rate              :  1.9275
Denomination USD  :  500,000.00
Amount Payable
Per Denomination  :  2,462.92

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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