Federal Reserve Board Approval for Great Western Bank acquisition

Monday 28 April 2008

National Australia Bank today announced that the Federal Reserve Board has approved its application for the acquisition of Great Western Bancorporation, the holding company of Great Western Bank.

This was the final banking regulatory approval necessary for the acquisition originally announced on 29 November 2007.

The acquisition of Great Western Bank is expected to close this quarter, subject to other customary closing conditions.

For further information:

Media
Brandon Phillips
M: +61 (0) 419 369 058

Investor Relations
Hany Messieh
M: +61 (0) 414 446 876