Westpac Internet -Board of Directors

Board of Directors

As at 1 December 2008

Ted Evans AC, BEcon (Hons). Age 65. Term of Office: Director since November 2001. Chairman since 1 April 2007. Independent: Yes Current Directorships: Director of Navitas Limited. Other Westpac related entities Directorships:Nil. Skills, experience and expertise: Ted has extensive experience in the financial sector, having joined the Australian Treasury in 1969. From 1984 to 1989 he held the position of Deputy Secretary and was Secretary to the Treasury from 1993 to 2001. From 1976 to 1979 he was a member of the Australian Permanent Delegation to the OECD in Paris and, from 1989 to 1993, executive director on the Board of the International Monetary Fund, representing Australia and a number of other countries, mainly in the Asia Pacific region. He was a Director of the Reserve Bank of Australia from 1993 to 2001 and the Commonwealth Bank of Australia from 1993 to 1996. Westpac Board Committee membership: Chairman of Nominations Committee and member of each of the Audit, Risk Management and Remuneration Committees. Directorships of other listed entities over the past 3 years: Nil.

Gail Kelly Dip. ED, BA, MBA, Doctor of Bus (Charles Sturt University) Age 51. Term of Office: Appointed Managing Director and Chief Executive Officer ("CEO") on 1 February 2008. Independent: No Current Directorships: Director of Melbourne Business School Limited. Other Westpac related entities Directorships: Director of Westpac New Zealand Limited and Director of St.George Bank Limited. Skills, experience and expertise: Gail served as Chief Executive Officer and Managing Director of St.George Bank Limited for five and a half years. Between October 1997 and December 2001, Gail was employed at the Commonwealth Bank as General Manager, Strategic Marketing, and later became Head of Customer Service and a member of the Bank's Executive Committee. Gail began her career at Nedcor Bank, one of the largest banks in South Africa, where she held various General Manager positions, including HR, cards and personal banking. Westpac Board Committee membership: Member of the Corporate Responsibility and Sustainability Committee. Directorships of other listed entities over the past 3 years: St.George Bank Limited.

Elizabeth Bryan Age 60. Term of Office: Director since November 2006. Independent: Yes Current Directorships: Chairman of each of Caltex Australia Limited and UniSuper Limited and Director of the Australian Institute of Company Directors Other Westpac related entities Directorships: Director of Westpac New Zealand Limited and and Director of St.George Bank Limited. Skills, experience and expertise: Elizabeth has over 30 years experience in the financial services industry, government policy and administration and on the boards of companies and statutory organizations. Prior to becoming a professional director she served for six years as Managing Director of Deutsche Asset Management and its predecessor organization, NSW State Superannuation Investment and Management Corporation. Westpac Board Committee membership: Member of each of the Audit, Risk Management and Corporate Responsibility and Sustainability Committees. Directorships of other listed entities over the past 3 years: Ridley Corporation Limited (September 2001 - October 2007)l.

Gordon Cairns, MA (Hons). Age 56. Term of Office: Director since July 2004. Independent: Yes Current Directorships: Director of Centre for Independent Studies, Director of Opera Australia, Member of the Asia Pacific Advisory Board of CVC Capital Partners and Chairman of the Advisory Board of the Caliburn Partnership. Other Westpac related entities Directorships: Nil Skills, experience and expertise: Gordon has extensive Australian and international experience as a senior executive, most recently as Chief Executive Officer of Lion Nathan Limited. Gordon has also held a wide range of senior management positions in marketing and finance with Pepsico, Cadbury Schweppes and Nestlé (Spillers). Westpac Board Committee membership: Chairman of the Remuneration Committee and member of each of the Audit, Risk Management and Nominations Committees. Directorships of other listed entities over the past 3 years: Director and Chief Executive Officer of Lion Nathan Limited (October 1997-December 2004).

John Curtis, BA, LLB (Hons.). Age 58. Term of Office: Director and Deputy Chairman since 1 December 2008. Independent: Yes Current Directorships: Chairman of Allianz Australia Limited, Chairman of Merrill Lynch Australia Advisory Board and member of the Merrill Lynch Inc. International Advisory Council, Chairman of the University of Technology Sydney Faculty of Businesses Executive Council and Board member of the Sydney Symphony Orchestra. Other Westpac related entities Directorships: Director of St.George Bank Limited Skills, experience and expertise: For the past 21 years John has been a professional company director and has been Chairman and Director of a wide variety of public companies, government entities and foreign corporations. In more recent times he has been largely involved in the financial services sector with his current appointments as set out above and former appointments including Perpetual Limited and First Data Corporation in Australia. Prior to 1987 John was a main board director of Wormald International Limited and was responsible for its operations in Australia, Europe, Asia and the Americas. During part of that time he was Chairman of the National Building and Construction Council, the peak industry body. Directorships of other listed entities over the past 3 years: St.George Bank Limited.

Peter Hawkins BCA (Hons.), FAICD, SSFin, FAIM ACA (NZ). Age 54. Term of Office: Director since 1 December 2008. Independent: Yes Current Directorships: Director of Visa Inc., Mirvac Limited Group, Liberty Financial Pty Limited, Treasury Corporation of Victoria, Clayton Utz and the Camberwell Grammar School. Other Westpac related entities Directorships: Director of St.George Bank Limited. Skills, experience and expertise: Peter's career in the banking and financial services industry spans over 36 years in Australia and overseas at both the highest levels of management and directorship of major organisations. Peter has held various senior management and directorship positions with Australia and New Zealand Banking Group Limited, from 1971 to 2005, and was also a director of BHP (NZ) Steel Limited from 1990 to 1991, ING Australia Limited from 2002 to 2005 and Esanda Finance Corporation from 2002 to 2005. Directorships of other listed entities over the past 3 years: St.George Bank Limited.

Carolyn Hewson BEc, (Hons.), MA (Econ.). Age 51. Term of Office: Director since February 2003. Independent: Yes Current Directorships: Director of AGL Energy Limited, Board and advisory roles with the Royal Humane Society, YWCA NSW, Nanosonics Limited, the Australian Charities Fund and patron of The Neurosurgical Research Foundation. Other Westpac related entities Directorships: Director of BT Investment Management Ltd. Skills, experience and expertise: Carolyn has had 17 years experience in the finance sector and was an Executive Director of Schroders Australia Limited between 1989 and 1995. Westpac Board Committee membership: Chairman of the Risk Management Committee and Member of each of the Audit, Remuneration and Nominations Committees. Directorships of other listed entities over the past 3 years: Director of each of CSR Limited (March 1995-July 2005) and Australian Gaslight Company (October 1996 - October 2006).


Lindsay Maxsted DipBus (Gordon), FCA. Age 53. Term of Office: Appointed Director on 1 March 2008. Independent: Yes Current Directorships: Director of Transurban Group (from 1 March 2008), Chairman of VicRacing Pty Ltd, Managing Director of Align Capital Pty Ltd, Director of Baker Heart Research Institute. Other Westpac related entities Directorships: Director of St.George Bank Limited. Skills, experience and expertise: Lindsay was the CEO of KPMG from 1 January 2001 to 31 December 2007. Lindsay's principal area of practice prior to his becoming CEO was in the Corporate Recovery field managing a number of Australia's largest insolvency/workout/turnaround engagements. At the request of the Victoria State Government, Lindsay was on the Board of the Public Transport Corporation from December 1995 and was appointed its Chairman on 1 January 1997. Westpac Board Committee membership: Chairman of the Audit Committee and member of each of the Risk Management and Nominations Committees. Directorships of other listed entities over the past 3 years: Nil.

Graham Reaney BComm, CPA. Age 65. Term of office: Director since 1 December 2008. Independent: Yes Current Directorships: Chairman of PMP Limited and Director of AGL Energy Limited. Other Westpac related entities Directorships: Nil. Skills, experience and expertise: Graham's business experience spans 30 years, during which time he has held a number of senior corporate appointments, including as Managing Director of National Foods Limited. Other former positions include Managing Director of Industrial Equity Limited. Graham has gained extensive experience both in Australia and overseas in a broad range of industries, including mining and mining services, energy, food, rural, fast moving consumer goods and financial services. Directorships of other listed entities over the past 3 years: St.George Bank Limited.

Peter Wilson CA. Age 65. Term of office: Director since October 2003. Independent: Yes Current Directorships: Chairman of Global Equities Market Securities Limited and Director of each of The Colonial Motor Company Limited, Kermadec Property Fund Limited and Hill Country Corporation Limited and Member of the New Zealand Exchange Limited Discipline body. Other Westpac related entities Directorships: Director of Westpac New Zealand Limited. Skills, experience and expertise: Peter is a chartered accountant and formerly a partner with Ernst & Young, with extensive experience in banking, business establishment, problem resolution, asset sale and management of change functions. Peter was a Director and (from 1991) Chairman of Trust Bank New Zealand Limited which Westpac acquired in 1996. Westpac Board Committee membership: Chairman of the Corporate Responsibility and Sustainability Committee and member of each of the Audit, Risk Management and Nominations Committees. Directorships of other listed entities over the past 3 years: Director of Westpac (NZ) Investments Limited (August 1999-July 2005) and Chairman of Evergreen Forests Limited (July 1993-July 2006) and a Director of Urbus Properties Limited (January 2003-July 2005) (all previously listed in New Zealand).

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