Frequently Asked Questions

-          1. Information regarding the Mirvac Group Offer

-          2. About the instalment receipt conversion period and how to convert

1. Information regarding the Mirvac Group Offer

WFML announced on 28 April 2010 that it had entered into a Scheme Implementation Agreement with Mirvac in relation to an offer by Mirvac to acquire all WOT Units. The meeting of WOT Unitholders will be held on 21 July 2010.

For more information, and to vote online, visit the Mirvac Group Offer website:

The Explanatory Memorandum is expected to be sent to WOT unitholders and instalment receipt holders on or about Tuesday, 22 June 2010.

-          Explanatory Memorandum Section 1-10

-          Explanatory Memorandum Section 13-end

-          Scheme Implementation Agreement

2. About the instalment receipt conversion period and how to convert

The instalment receipt conversion period is now closed. The next opportunity to convert instalment receipts to fully paid units will be from 1 September 2010 to 5pm 23 September 2010.

Following the revised arrangements for conversion of instalment receipts to units, approved by investors at the meeting held on 10 September 2009, investors have the option to repay the instalment debt prior to each quarterly record date. The next opportunity to convert instalment receipts to fully paid units will be from 1 September 2010 to 5pm 22 September 2010.

Investors who elect to repay the instalment debt during this conversion period will receive fully paid units and the full distribution for the quarter ending 30 September 2010.

Investors can choose to repay the instalment debt and receive units by completing an early repayment of instalment debt notice. and mailing it with a cheque for the instalment debt amount to be received by Link Market Services within the conversion period. Investors may convert any proportion of their holdings and should not seek to trade their units until they receive a holding statement from the Registry. The early repayment form is above and is also available by calling the investor info line on 1300 766 855 (for callers within Australia) and +61 2 8280 7072 (for callers outside Australia).

Application forms received outside this window will be returned to the unit holder and can be resubmitted during the next quarter's instalment receipt conversion period.

Future dates of the instalment receipt conversion periods will be:

-          1 September 2010 to 5pm 23 September 2010

-          1 December 2010 to 5pm 22 December 2010

-          1 March 2011 to 5pm 24 March 2011

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness.

Financial products issued by Westpac Funds Management Limited ("WFML") are not deposits with or other liabilities of Westpac Banking Corporation ABN 33 007 457 141 ("Westpac"). They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither Westpac nor any of its respective directors, officers, employees, associates or its subsidiaries guarantee or give any assurance in regard to the capital value, income return or performance of the investment.

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