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

(Registrant’s 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.

 

 

Form 20-F

ý

Form 40-F

o

 

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.

 

 

Yes

o

No

ý

 

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National Australia Bank Limited and to be part thereof from the date on which this Report, is filed, to the extent not superseded by documents or reports subsequently filed or furnished.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

National Australia
Bank Limited
ABN 12004044937

 

 

 

500 Bourke Street
Melbourne

ASX Announcement

Victoria 3000

 

Australia

 

Melbourne, Wednesday, 7 December 2004

 

National Australia Bank and Ion Limited

 

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 administrator’s options and proposals for any potential restructuring of the Ion Group and the potential impacts on the National’s 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

 

 

Karen Cush

 

Investor Relations Officer

 

03 8641 3580 work

 

0404 881 517 mobile

 

 

 

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.

 

 

 

 

NATIONAL AUSTRALIA BANK LIMITED

 

 

 

 

 

 

 

 

 

 

/s/ Susan Crook

 

Date:

8 December 2004

Title:

Associate  Company Secretary

 

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