FILE NO 1-9945
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or
15d-16 of
the Securities Exchange Act of 1934
For the month of December 2004
National Australia Bank Limited
ACN 004 044 937
(Registrants Name)
Level 24
500 Bourke Street
MELBOURNE VICTORIA 3000
AUSTRALIA
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
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Form 20-F |
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Form 40-F |
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Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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Yes |
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No |
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If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82
This Report on Form 6-K shall be deemed to be incorporated by reference in the prospectus included in the Registration Statement on Form F-3 (No. 333-6632) of National Australia Bank Limited and to be part thereof from the date on which this Report, is filed, to the extent not superseded by documents or reports subsequently filed or furnished.
Group Corporate Affairs |
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500 Bourke Street |
ASX Announcement |
Victoria 3000 |
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Australia |
Melbourne, Wednesday, 7 December 2004
The National Australia Bank has an exposure in relation to Australian auto parts company, Ion Limited, whose Board has today appointed Mr Colin Nicol of McGrath Nicol + Partners as voluntary administrator for the company and its Australian subsidiaries.
The National was part of a syndicate with four other banks to provide funding for Ion. The total exposure for the National is approximately $135 million, including approximately $100 million in syndicated unsecured credit.
The National will be liaising with the voluntary administrator, its fellow syndicate members and other creditors to better understand the administrators options and proposals for any potential restructuring of the Ion Group and the potential impacts on the Nationals position (including the need to make specific provision for its exposure).
For further information:
Brandon Phillips |
Samantha Evans |
Group Manager |
Group Communications Adviser |
Group Corporate Relations |
Group Corporate Affairs |
03 8641 3857 work |
03 8641 4982 work |
0419 369 058 mobile |
0404 883 509 mobile |
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Karen Cush |
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Investor Relations Officer |
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03 8641 3580 work |
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0404 881 517 mobile |
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Or visit www.nabgroup.com |
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SIGNATURE PAGE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
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NATIONAL AUSTRALIA BANK LIMITED |
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/s/ Susan Crook |
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Date: |
8 December 2004 |
Title: |
Associate Company Secretary |
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