51LR Westpac B Frn29

RNS Number:1203E
Westpactrust Securities NZ Ld
21 November 2002


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

Issue             :  WESTPAC TRUST SECURITIES NZ LTD
                     US$250,000,000 (MTN) FRN DUE 23/5/2003
ISIN Number       :  XS0111581020
Issue Nominal USD :  250,000,000.00
Period            :  25-NOV-2002  To  24-FEB-2003    Payment Date 24-FEB-2003 
Number of Days    :  91
Rate              :  1.47375
Denomination USD  :  500,000.00
Amount Payable
Per Denomination  :  1,862.66

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
RC UAVSRUNRAUAA

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