DRIVER AUSTRALIA MASTER TRUST — Capital/Financing Update 2019

Jan 20, 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 January 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$3,200,000 Series 2017-2 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.

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.

1	Issue Price:	A$3,200,000
2	Initial Series 2017-2 Class A Note Issue Date:	25 July 2017
3	Further Issue Date:	25 January 2019
4	First occurring Payment Date with respect to the	25 February 2019
	Further Notes of Series 2017-2 Class A Notes subject
	to these Final Terms:

Final Terms – Series 2017-2 Class A Notes

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5	Class A	Series Number:	Series Number:	2	017-2	017-2
6	Tranche	Number:		1	6
7	Area	e Nominal Amount of the	Further Notes	A	UD 3200000
	gggsubject	f these Final Terms:			,,
8	Aggrega	e Nominal Amount of Ser	ies 2017-2 Class A	A	UD 63,500,000.00
	Notes (in	cluding the Notes subject	of these Final
	Terms):
9	Maximu	m Issuance Amount of Ser	ies 2017-2 Class A	A	UD100,000,000
	Notes:
10	Series 2	17-2 Class A Notes Inter	est Rate:	1	month BBSW plus t	he Margin as set out in
				C	ondition 83
					.
11	Series 2	17-2 Class A Notes Fact	or	T	e calculation of the	Notes Factor is
	(Conditi	on 7.1(c))		d	scribed in the relev	ant definition.
12	Amount	on which interest is to be	paid on the
	Payment	Date the date of these Fi	nal Terms	A	UD 60,300,000.00
	(Conditi	on 9.1):
13	Margin (	Condition 8.3):		0.	95 per cent_per ann_	um(as amended in
				a	cordance withCon	dition 9.5)
						.
14	Si 2	172 Cl A Rli	id Eii	P	D flli	J 2019 b	th
	eres	- ass evovng	ero xpraton		yment ate ang	n une (ut
	Date:			e	cluding) (or as exte	nded in accordance w
				C	ondition 9.5).
							sass
15	Series 2	017-2 Class A Scheduled	Repayment Date	P	ayment Date falling	in February 2023 (or a
	(Conditi	on 9.4):		ex	tended in accordan	ce withCondition 9.5
				a	consequence of the	extension of the Serie
				2	017-2 Class A Revo	lving Period Expiration
				D	ate)
16	Series 2	17-2 Class A Final Matur	ity Date	P	ayment Date falling	in August 2027 (or as
	(Conditi	on 94):		e	tended in accordan	ce withCondition 95
		.			f th	. ti f th Si
				a2	consequence o e172 Cl A R	exenson o e erei Pid Eii
	Settlement information:			Delivery against payment
	ISIN Code			AU3FN0037180
	Admission to trading and total expenses:			Application has been made for the Series2017-2 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.

Final Terms – Series 2017-2 Class A Notes

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