ASX Announcement - Ian MacDonald to Retire - 18 October 2005

National Australia Bank Group Chief Information Officer Ian MacDonald has decided to retire in 2006 after a 34-year career with the Group.

Ian was appointed Group Chief Information Officer in August 2004.  Prior to this he was Executive General Manager, Financial Services Australia.

Ian also held key roles for the National in the United Kingdom.  During his time in the United Kingdom Ian was Head of Retail Services with Clydesdale Bank and was Chief Operating Officer for Yorkshire Bank.

National Australia Bank Managing Director and Group Chief Executive Officer, John Stewart said: "I would like to thank Ian for the leadership he has shown throughout his career with the National.  I wish him the very best for the future."

For further information:

Brandon Phillips
Group Manager, External Relations
03 8641 3857 work
0419 369 058 mobile

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

Hany Messieh
Group Manager, Investor Relations
03 8641 2312 work
0414 446 876 mobile