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 November 2005

 

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

 

 


 

Group Corporate Affairs

National Australia
Bank Limited
ABN 12004044937




ASX Announcement


500 Bourke Street
Melbourne
Victoria 3000
Australia

 

Melbourne, Wednesday 30 November 2005

 

NAB sells BNZ Investment Management

 

National Australia Bank Limited today announced that it has agreed to sell its subsidiary, BNZ Investment Management Limited, which carries on National’s managed funds business in New Zealand to Assure New Zealand Limited, a wholly owned subsidiary of AXA Asia Pacific Holdings Limited. The sale is subject to certain conditions, and is due for settlement on 31 January 2006.

 

A key element of the transaction is a new arrangement between Bank of New Zealand and Assure, under which Bank of New Zealand will distribute Assure’s managed fund products to the Bank’s retail customers.

 

The sale price is commercial in confidence, but is not material to the National Group’s operations.

 

For further information:

 

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

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

 

Group and Regional websites:

 

ASX Announcements and Group information (www.nabgroup.com)

Australian operations (www.national.com.au)

Clydesdale Bank (www.cbonline.co.uk)

Yorkshire Bank (www.ybonline.co.uk)

Bank of New Zealand (www.bnz.co.nz)

Institutional Markets & Services (www.nabmarkets.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

 

 

 

 

 

 

Signature:

Brendan T Case

 

Date:  30 November 2005

 

Name:

Brendan T Case

 

 

 

Title:

Associate Company Secretary

 

 

 

 

 

 

 

 

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