DRIVER AUSTRALIA MASTER TRUST — Capital/Financing Update 2019

Mar 19, 2019

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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 March 2019

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$10,800,000 Series 2017-1 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.

Solely for the purpose of each manufacturer’s product approval process, the target market assessment in respect of the Class A Notes has led to the conclusion that: (i) the target market for the Class A Notes is eligible counterparties and professional clients only, each as defined in Directive 2014/65/EU (as amended, " MiFID II "); and (ii) all channels for distribution of the Class A Notes to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the Class A Notes (a " distributor ") should take into consideration the manufacturers’ target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Class A Notes (by either adopting or refining the manufacturers’ target market assessment) and determining appropriate distribution channels.

	riate. Any person subsequently offering, selling otake into consideration the manufacturers’ target	r recommending the Class A Notes (a "distribmarket assessment; however, a distributor su	r recommending the Class A Notes (a "distribmarket assessment; however, a distributor su	r recommending the Class A Notes (a "distribmarket assessment; however, a distributor su
	I is responsible for undertaking its own target madopting or refining the manufacturers’ target mar	rket assessment in respect of the Class A Notket assessment) and determining appropriate
	ls.
1
	Issue Price:		A$10,800,000
2
	Initial Series 2017-1 Class A Note Issue Date:		26 June 2017
3
	Further Issue Date:		25 March 2019
4
	First occurring Payment Date with respect to thFurther Notes of Series 2017-1 Class A Notes s	eubject	26 April 2019
	to theseFinal Terms:
5
	Class A Series Number:		2017-1
6
	Tranche Number:

Final Terms – Series 2017-1 Class A Notes

1

 King & Wood Mallesons 41154423_4

7	Aggregate Nominal Amount of the Further Notessubject oftheseFinal Terms:	AUD 10,800,000	AUD 10,800,000
8	Aggregate Nominal Amount of Series 2017-1 Class ANotes (including the Notes subject of these FinalTerms):	AUD 245,200,000
9	Mi I A f Si 20171 Cl A	AUD 30000000
	axmum ssuance mount o eres - assNotes:	5,,
10	Si 20171 Cl A N I R	1 h BBSW l h Mi i
	eres - ass otes nterest ate:	mont pus te argn as set out nCondition 8.3
11	Si 20171 Cl A N F	Th lli f h N F i
	eres - ass otes actor(Condition 7.1(c))	e cacuaton o te otes actor sdescribed in the relevant definition.
12	A hih i i i h	AD 244
	mount on wc nterest s to be pad on tePayment Date the date of these Final Terms(Condition 9.1):	U 3,00,000
13	MiCdii 83	095 dd i
	argn (onton .):	. per cent_per annum_(as amene naccordance withCondition 9.5).
14	Si 20171 Cl A Rli Pid Eii	P D flli i J 2019 b
	eres - ass evovng ero xpratonDate:	ayment ate ang n une (utexcluding) (or as extended in accordance withCondition 9.5).
1	Si 20171 Cl A Shdld R D	P D flli i Fb 2023
5	eres - ass ceue epayment ate(Condition 9.4):	ayment ate ang n eruary (or asextended in accordance withCondition 9.5asa consequence of the extension of the Series2017-1 Class A Revolving Period ExpirationDate)
16	Si 20171 Cl A Fil Mi D	P D flli i A 2027
	eres - ass na aturty ate(Condition 9.4):	ayment ate ang n ugust (or asextended in accordance withCondition 9.5asa consequence of the extension of the Series2017-1 Class A Revolving Period ExpirationDate)
17	Sl ifi	Dli i
	ettement normaton:	every aganst payment
18	ISIN Cd	AU3FN0036737
	oe
19	Adii di d l	Alii h b d f h Si
	msson to trang an tota expenses:	ppcaton as een mae or te eres2017-1 Class A Notes subject of these FinalTerms to be admitted to trading on theregulated market of the Australian SecuritiesExchange with effect from the Initial IssueDate. The total expenses related to theadmission to trading will amount to Nil.
20	Diibi f f I Pi	Austraclear	DAMT20 DVP
	struton account (or payment o ssue rce)	Code:	()
		Bank	ANZ Banking Group
		BSB:	012-003
		Account number:	836860289
		Swift code:	ANZBAU3MXXX

Final Terms – Series 2017-1 Class A Notes

2

 King & Wood Mallesons 41154423_4

Account name:	Perpetual Corporate
	Trust Limited ATF
	Driver Australia
	Master Trust –
	Distributions Account

Final Terms – Series 2017-1 Class A Notes

3

 King & Wood Mallesons 41154423_4