DRIVER AUSTRALIA MASTER TRUST — Capital/Financing Update 2017

Oct 24, 2017

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An investment in the Notes that are the subject of these Final Terms is only suitable for financially sophisticated investors who are capable of evaluating the merits and risks of such investment and who have sufficient resources to be able to bear any losses (including the total loss of the invested amount) which may result from such investment.

Final Terms

25 October 2017

PERPETUAL CORPORATE TRUST LIMITED in its capacity as trustee of the Driver Australia Master Trust

( incorporated with limited liability in Australia with ACN 000 341 533 )

as Issuer

for the issuance of the

A$3,300,000 Series 2016-2 Class A Notes

issued in registered form pursuant to the

A$3,000,000,000 Programme for the Issuance of Notes

These Final Terms are issued to supplement the information in relation to the issue of Class A Notes by Perpetual Corporate Trust Limited in its capacity as trustee of the Driver Australia Master Trust under the A$3,000,000,000 Programme for the issuance of Notes (the " Programme ").

Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Offering Circular. Capitalised terms not otherwise defined herein shall have the meaning specified in the Conditions of the Class A Notes. All references in these Final Terms to numbered Conditions are to be read as reference to the respective Conditions of the Class A Notes.

1	Issue Price:	A$3,300,000
2	Initial Series 2016-2 Class A Issue Date:	25 November 2016
3	First occurring Payment Date with respect to theFurther Notes subject of these Final Terms	27 November 2017
4	Class A Series Number:	2016-2
5	Tranche Number:	11
6	Aggregate Nominal Amount of Further Notes ofsubject of these Final Terms:	AUD3,300,000
7	Aggregate Nominal Amount of Series 2016-2 Class ANotes (including the Notes subject of these FinalTerms):	AUD18,600,000
8	Maximum Issuance Amount of Series 2016-2 Class A	AUD 100,000,000

Final Terms – Series 2016-2 Class A Notes

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	Notes:	Notes:
9	Series 2016-2 Class A Notes Interest Rate:		1 month BBSW plus the Margin as set out inCondition 8.3
10	Series 2016-2 Class A Notes Factor		The calculation of the Notes Factor is
	(Condition 7.1(c))
11	Amount on which interest is to be paid on thePayment Date the date of these Final Terms		AUD15,300,000
	(Condition 9.1):
			0.95 per cent.per annum(as amended in
12	Margin (Condition 8.3):		0.95 per cent.per annum(as amended in
			accordance withCondition 9.5).
13	Series 2016-2 Class A Revolving Period ExpirationDate:		Payment Date falling in June 2018 (butexcluding) (or as extended in accordance wiCondition 9.5).				th
14	Series 2016-2 Class A Scheduled Repayment DateCdii 94		Payment Date falling in February 2022 (or add i d ihCdii 95
	(onton .):
			2016-2 Class A Revolving Period ExpirationDate)
15	Series 2016-2 Class A Final Maturity Date		Payment Date falling in August 2026 (or as
	(Condition 9.4):		extended in accordance withCondition 9.5asa consequence of the extension of the Series2016-2 Class A Revolving Period ExpirationDate)
16	Settlement information:		Delivery against payment.
17	ISIN Code		AU3FN0036612
			Application has been made for the Series
18	Admission to trading and total expenses:		Application has been made for the Series
			2016-2 Class A Notes subject of these FinalTerms to be admitted to trading on the

Final Terms – Series 2016-2 Class A Notes

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