RNS Number:4487S
National Australia Bank Ld
25 November 2003


                                                 National Australia Bank Limited

            Announcement

                                                 500 Bourke Street

                                                 Melbourne

                                                 Victoria  3000

                                                 Australia




                     Melbourne, Tuesday 25th November 2003



ANNUAL FINANCIAL REPORT 2003


Shareholders can access the Annual Financial Report for 2003 by logging on to
the National's web site www.nabgroup.com


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