Media Release - National Australia Bank to Roadshow Residential Mortgage-Backed Securities Issue Through National RMBS Trust 2004-1 - 3 September 2004

National Australia Bank to Roadshow Residential Mortgage-Backed Securities Issue through National RMBS Trust 2004-1

National Australia Bank Limited today announced it will commence a roadshow for a residential mortgage-backed securities issue ("National RMBS Trust 2004-1").

This will be the National's second residential mortgage-backed securities issue, with the previous transaction completed in January 2001.  The current transaction will be structured to include US Dollars, Euro Notes (under a SEC shelf filing) and Australian Dollar Notes.

The roadshow is expected to commence in Melbourne, Australia on Wednesday, 8 September 2004, followed by European and United States roadshows, beginning on Monday, 13 September 2004. 

The National has appointed National Australia Bank as the Lead Manager and Bookrunner in respect of the issue of Australian Dollar Notes, with Deutsche Bank A.G., Société Générale, Australian Branch, and Citigroup as Co-Managers.

The National has appointed Deutsche Bank Securities Inc. as Lead Manager and Bookrunner in respect of the issue of US Dollar Notes and Euro Notes.  J.P. Morgan Securities Inc., has been appointed as Co-Lead Manager, while National Australia Bank, SG Americas Securities, LLC, Société Générale, London Branch, and Citigroup will be Co-Managers.

For further information:

Graham Maloney
General Manager, Corporate Finance
+61 3 8641 0902 (work)

Ian McLean
Head of Group Funding & Liquidity
+61 3 8641 3358 (work)

Samantha Evans
Group Corporate Affairs
+61 3 8641 4982 (work)
+61 3 404 883 509 (mobile)