NAB Buyback, page-3

NAB Buy back announcement, sourced from australianinvestor.com.au

NATIONAL AUSTRALIA BANK LIMITED 2002-11-14 ASX-SIGNAL-G

HOMEX - Melbourne

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APPENDIX 3E
DAILY SHARE BUY-BACK NOTICE
(EXCEPT MINIMUM HOLDING BUY-BACK AND
SELECTIVE BUY-BACK)

Name of Entity
National Australia Bank Limited

ACN or ARBN
12 004 044 937

We (the entity) give ASX the following information.


INFORMATION ABOUT BUY-BACK

1. Type of buy-back On market

2. Date Appendix 3C was given to 08/11/2001
to ASX

TOTAL OF ALL SHARES BOUGHT BACK, OR IN RELATION TO WHICH ACCEPTANCES
HAVE BEEN RECEIVED, BEFORE, AND ON, PREVIOUS DAY

BEFORE PREVIOUS
PREVIOUS DAY
DAY

3. Number of shares bought 36,150,513 1,111,000
back or if buy-back is
an equal access scheme,
in relation to which
acceptances have been
received

$ $
4. Total consideration paid 1,247,941,765.52 36,172,277.52
or payable for the shares

5. If buy-back is an on-market
buy-back
Highest price paid Highest price paid
$36.05 $32.65
Date: 19/06/2002

Lowest price paid Lowest price paid
$31.00 $32.41
Date: 20/12/2001
Highest price
allowed under rule
7.33:
$33.8583

PARTICIPATION BY DIRECTORS

6. Deleted 30/9/2001 -


HOW MANY SHARES MAY STILL BE BOUGHT BACK.

7. If the company has disclosed 50,738,487
an intention to buy back
maximum number of shares - the
remaining number of shares to
be bought back

COMPLIANCE STATEMENT

1. The Company is in compliance with all Corporations Law requirements relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

S E Crook
ASSOCIATE COMPANY SECRETARY
14/11/2002