FRN Variable Rate Fix
October 15 2003 - 10:02AM
UK Regulatory
National Australia Bank Ld
As Agent Bank, please be advised of the following rate determined on: 15-Oct-2003
Issue : National Australia Bank US $250,000,000
Undated Subordianted FRN
ISIN Number : GB0006241326
Issue Nomin USD : 250,000,000.00
Period : 17-Oct-2003 to 19-Apr-2004 Payment Date 19-Apr-2004
Number of Days : 185
Rate : 1.3375
Denomination US : 10,000.00 250,000.00
Amount Payable
per Denomination : 68.73 1,718.32
Institutional Telephone 44(0) 1202 34 1286
Trust Services Facsimile 44(0) 1202 34 7438