SCENTRE GROUP TRUST 1 — Major Shareholding Notification 2003

May 14, 2003

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

T 0Company Name/Scheme
	Westfield Trust (WFT)
ACN/ARSN	090 849 746
1.Details of substantial holder(1)
Name
	WESTPAC BANKING CORPORATION (WBC)
ACN/ARSN (if applicable)	007 457 141
There was a change in the interests of the
substantial holder on	13 May 2003
The previous notice was given to the company on	7 May 2002
The previous notice was dated	7 May 2002

$2.$ Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice in the company or scheme, are as follows:

Class of securities(4)	Previous Notice		Present Notice
	Person's votes	Voting Power	Person's votes	Votine Power (5)
Shares	.606'36.457.	6.90%	524.044	:63%

3. Changes in relevant interests

Particulars of each change in, or change int eh nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interestchanged	Nature ofchange $(6)$	Considerationgiven in relationto change $(7)$	Class andnumber ofsecuritiesaffected	Person'svotesaffected
	WBC & its AssociatesWestpac Financial ServicesGroup Limited (WFSG),Sagitta Wealth ManagementLimited (SWML), BTFinancial Group PtyLimited (BTFG) & BTFunds Management Limited'BTFM)	SeeSchedule	SeeSchedule	See:Schedule	See.Schedule

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registered holderof securities	Person entitled tobe registered asholder $(8)$	Nature of relevantinterest $(6)$	Class and numberof securities	Person's votes
WBC & ItsAssociates	See Schedule	-See Schedule	See Schedule	See Schedule	- See Schedule

5. Changes in association

The persons who have become associates (2) of, or ceased to be associates of, or have changed the nature of their association (9) with, the holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

$\sqrt{\frac{1}{2}}$	Address
Westpac Banking Corporation (WBC)	Level 25, 60 Martin Place, Sydney NSW 2000
Westpac Financial Services Group Limited	Level 25, 60 Martin Place, Sydney NSW 2000
l (WFSG).
Sagitta Wealth Management Limited (SWML)	Level 25, 60 Martin Place, Sydney NSW 2000
BT Financial Group Pty Limited (BTFG)	Level 15, Chifley Tower, 2 Chifley Square,
	Sydney NSW 2000
BT Funds Management Limited (BTFM)	Level 15, Chifley Tower, 2 Chifley Square,
	Sydney NSW 2000
Westfield Trust	Level 24, Westfield Tower, 100 William Street
	Kings Cross NSW 2011

Signature

print name Susan Corbett capacity Senior Manager, Compliance

sign here

date 15 May 2003 Sales & Purchases for the period : 13/04/03 to 13/05/03 SECURITY: WFT

Sagitta Wealth Management

Date	Registered Company14-Apr-2003 BT AUSTRALIA LIMITED8-May-2003 BT AUSTRALIA LIMITED		Quantity$-63,200$$-2,650,000$TOTAL: -2,713,200	Value$-219,936$$-9,142,500$$-9,362,436$
Date	Registered Company13-May-2003 CITICORP NOMINEES PTY LTD	TOTAL:	Quantity$-8,641$$-8,641$	Value$-30,128$$-30,128$
Date	Registered Company14-Apr-2003 COMMONWEALTH CUSTODIAL SERVICES LIMITED13-May-2003 COMMONWEALTH CUSTODIAL SERVICES LIMITED	TOTAL:	Quantity$-137,170$-4,983$-142, 153$	Value-477,352$-17,374$$-494,726$
Date	Registered Company8-May-2003 NATIONAL AUSTRALIA CUSTODIAN SERVICES13-May-2003 NATIONAL AUSTRALIA CUSTODIAN SERVICES13-May-2003 NATIONAL AUSTRALIA CUSTODIAN SERVICES		Quantity$-1,278,723$$-371$-583TOTAL: -1,279,677	Value$-4,411,594$$-1,294$$-2,033$$-4,414,921$
Date	Registered Company13-May-2003 PERMANENT TRUSTEES AUSTRALIA LIMITED	TOTAL:	Quantity$-1,378$$-1,378$	Value$-4,805$$-4,805$
Date	Registered Company28-Apr-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		Quantity$-68,800$	Value$-238,736$
	29-Apr-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-350,000$	$-1,207,900$
	9-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-85,000$	$-294,100$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		-795	$-2,772$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-6,256$	$-21,813$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-18,555$	$-64,695$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		-689	$-2,402$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-265$	-924
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		-21,046	$-73,380$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-7,210$	$-25,139$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		-742	$-2,587$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-6,415$	$-22,367$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-1,000,000$	$-3,480,000$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED		$-143,612$	$-500,727$
	13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTY		-43,259	$-150,830$

Page 3 of 3

LIMITED
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-8.694$	$-30,313$
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-424$	$-1.478$
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-265$	$-924$
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-22,000$	$-76.707$
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-2.174$	$-7,580$
13-May-2003 RBC GLOBAL SERVICES AUSTRALIA NOMINEES PTYLIMITED	$-1.643$	$-5.729$
	TOTAL: -1.787.844	$-6,211,103$

Sagitta Wealth Management TOTAL: -5,932,893 -20,518,119

Westpac Investment Management

14-Apr-2003 Westpac Custodian Nominees3,00010,47014-Apr-2003 Westpac Custodian Nominees$-1,000$$-3,500$17,45015-Apr-2003 Westpac Custodian Nominees5,00015-Apr-2003 Westpac Custodian Nominees$-1,030$$-3,595$1,0003,48016-Apr-2003 Westpac Custodian Nominees$-340$$-1,190$16-Apr-2003 Westpac Custodian Nominees$-120$$-420$16-Apr-2003 Westpac Custodian Nominees2,5008,75016-Apr-2003 Westpac Custodian Nominees16-Apr-2003 Westpac Custodian Nominees$-136$-476$-280$$-980$16-Apr-2003 Westpac Custodian Nominees$-200$$-700$16-Apr-2003 Westpac Custodian Nominees12,2503,50016-Apr-2003 Westpac Custodian Nominees3,29016-Apr-2003 Westpac Custodian Nominees940$-2,760$$-9,660$16-Apr-2003 Westpac Custodian Nominees17-Apr-2003 Westpac Custodian Nominees$-1,400$$-4,858$$-7,500$$-26,025$17-Apr-2003 Westpac Custodian Nominees$-2,400$$-8,328$17-Apr-2003 Westpac Custodian Nominees$-3,600$$-12,492$17-Apr-2003 Westpac Custodian Nominees$-2,300$$-7,981$17-Apr-2003 Westpac Custodian Nominees$-19,000$$-65,930$17-Apr-2003 Westpac Custodian Nominees17-Apr-2003 Westpac Custodian Nominees-49,900$-173,153$17-Apr-2003 Westpac Custodian Nominees$-265,900$$-922,673$17-Apr-2003 Westpac Custodian Nominees$-143,700$-498,6395001,73517-Apr-2003 Westpac Custodian Nominees3,00010,41017-Apr-2003 Westpac Custodian Nominees$-20,000$28-Apr-2003 Westpac Custodian Nominees$-69,400$30-Apr-2003 Westpac Custodian Nominees$-372,500$$-1,284,815$30-Apr-2003 Westpac Custodian Nominees$-227,500$$-784,685$8,00027,68030-Apr-2003 Westpac Custodian Nominees$-2,487$$-8,580$1-May-2003 Westpac Custodian Nominees$-13,900$-48,0941-May-2003 Westpac Custodian Nominees$-18,383$5-May-2003 Westpac Custodian Nominees$-5,313$34,7005-May-2003 Westpac Custodian Nominees10,0007-May-2003 Westpac Custodian Nominees2,0006,900TOTAL:$-1,103,826$$-3,817,442$DateRegistered CompanyQuantityValue17-Apr-2003 Winston Churchill$-14,921$$-4,300$22-Apr-2003 Winston Churchill$-2,660$$-9,257$	Date	Registered Company	Quantity	Value

		TOTAL:	-6.960	-24.178
	Westpac Investment Management TOTAL: -1,110,786			$-3,841,620$
BT Funds Management
Date	Registered Company		Quantity	Value
	23-Apr-2003 JP Morgan Custodial Services Pty Limited		5.000	17.600
	29-Apr-2003 JP Morgan Custodial Services Pty Limited		3.376	11,679
	30-Apr-2003 JP Morgan Custodial Services Pty Limited		4,172	14,389
	1-May-2003 JP Morgan Custodial Services Pty Limited		2,464	8,504
	2-May-2003 JP Morgan Custodial Services Pty Limited		2.464	8.537
		TOTAL:	17.476	60,709
	BT Funds Management TOTAL:		17,476	60,709