RNS Number:3710H
National Australia Bank Ld
11 February 2003

                                                                     Appendix 3E

                                                     Daily share buy-back notice



                                  Appendix 3E

                          Daily share buy-back notice

                      (except minimum holding buy-back and

                              selective buy-back)



Name of entity

NATIONAL AUSTRALIA BANK LIMITED          ABN12 004 044 937

We (the entity) give ASX the following information.

Information about buy-back

  1. Type of buy-back                                                On market

 * Date Appendix 3C was given to ASX                                 8 November 
                                                                     2001


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 back                       60,439,396                 350,000

 * Total consideration paid or payable for the shares   $2,033,768,589.07          $10,616,270.00

 * If buy back is on-market buy-back                    Highest price paid         Highest price 
                                                                                   paid

                                                        $36.05                     $30.39

                                                        Date 19/06/02

                                                        Lowest price paid          Lowest price paid

                                                        $30.27                     $30.27

                                                        Date 11/02/03
                                                                                   Highest price 
                                                                                   allowed under rule 
                                                                                   7.33

                                                                                   $32.3568

 * Deleted

 * How many shares may still be                         Approximately 27,210,604
   bought back?


Compliance Statement


 1. The Company is in compliance with all Corporations Act 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



Signed by SE Crook  Date 12/02/2003

Associate Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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