ASX Announcement - Additional Responsibilities for CFO, Michael Ullmer - 2 September 2004

National Australia Bank Chief Executive Officer, John Stewart, today announced that the Group's Risk Management division will report to the Chief Financial Officer, Michael Ullmer.

 "This move brings the two pillars of finance and risk together under common leadership and will ensure a strong control framework across the Group," Mr Stewart said.

The new reporting arrangements for Mr Ullmer will be finalised over the coming weeks.

For further information:

Samantha Evans     
Corporate Relations Manager   
03 8641 4982 work  
0404 883 509 mobile    

Callum Davidson  
Head of Group Investor Relations
03 8641 4964 work
0411 117 984 mobile