Distribution Information

Westfield Corporation Distribution Policy

Investors in the Westfield Corporation will receive distributions from each component of the Stapled Security comprising dividends from Westfield Corporation Limited as well as distributions from WFD Trust and Westfield America Trust. These combined distributions will be paid to investors half-yearly no later than two months after the end of each half-year.

The Westfield Corporation Board will set Westfield Corporation’s distribution target at the start of each year having regard to the prior year’s distribution, forecast changes in FFO, capital expenditure plans as well as other general business and financial considerations.

The aim of this distribution policy is to provide greater overall returns to the investors of Westfield Corporation through appropriate capital management. The flexibility to vary the distribution provides financial capacity to continue to invest in opportunities with strong returns.

For the 6 months to 31 December 2015, the distribution forecast is US12.55 cents per security. Westfield Corporation will pay this distribution in February 2016.

Payment Of Distribution

Your distribution can be received in two ways.

1. Direct Credit:

Your distribution payment can be automatically credited to your financial institutions account. It can be paid into an Australian bank account, building society, credit union or cash management account. Direct Credit Instruction forms are available on this website at Securityholder Forms.

A statement setting out details of the distribution payment will be sent to you on the day of payment.

2. Cheque:

A cheque will be sent to your registered address if you do not nominate to have your distribution paid to a financial institution.

A statement setting out details of the distribution payment will be sent to you on the day of payment.

From 1 July 2014, new investors in Westfield Corporation will be required to receive their distribution by direct credit.