Westfield Group restructure - capital distribution and dividend - creating a new stapled security (2010)

Introduction

This document contains information about the 2010 Westfield Group restructure and creation of a new stapled security.

This information applies to you if:

• you are an individual, not a company or trust
• you are an Australian resident for tax purposes
• you held stapled securities in the Westfield Group as at 17 December 2010
• you did not acquire your stapled securities under an employee share scheme
• any gain or loss you made on the shares is treated only as a capital gain or capital loss - this means that you held your shares as an investment asset, not
• • as trading stock
  • as part of carrying on a business, or
  • to make a short-term or one-off commercial gain.