RNS Number:1065I
National Australia Bank Ld
27 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        64,749,078              315,000

* Total consideration paid or payable 
  for the shares                        $2,161,511,209.73       $9,200,826.94

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

                                        $36.05                  $29.30

                                        Date 19/06/02

                                        Lowest price paid      Lowest price paid

                                        $28.54                 $29.12

                                        Date 21/02/03
                                                               Highest price 
                                                               allowed under 
                                                               rule 7.33

                                                               $30.7335
*  Deleted

*  How many shares may still be
   bought back?                         Approximately 22,935,922



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 28/02/2003

Associate Company Secretary


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