Transaction in Own Shares
23 December 2003 - 6:00PM
UK Regulatory
RNS Number:5858T
National Australia Bank Ld
23 December 2003
Group Corporate
Affairs
National Australia
Bank Limited
ABN 12004044937
500 Bourke Street
ASX Announcement Melbourne
Victoria 3000
Australia
Melbourne, Tuesday 23rd December 2003
National Australia Bank to buy-back TrUEPrS preference shares
Following approval of shareholders at its recent Annual General Meeting,
and as part of its ongoing capital management strategy, National
Australia Bank Limited (NAB) has called for the buy-back of the NAB
Preference Shares issued as part of the trust units exchangeable for
preference shares (TrUEPrS) in September 1998.
The buy-back will be effective on 22 January 2004. This buy-back will
also result in NAB redeeming the TrUEPrS for cash on the same date.
Each of the TrUEPrS will be exchanged for US$25.00 plus an amount equal
to the accrued but unpaid interest from 31 December 2003 to 22 January
2004.
Notices will be sent to the holders of the TrUEPrS and payment of cash
will be made to the holders through The Bank of New York, 21W, 101
Barclay Street, New York, NY 10286, United States of America.
For enquiries please contact:
Hany Messieh
Investor Relations
03 8641 2312
0414 446 876
This information is provided by RNS
The company news service from the London Stock Exchange
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