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Nat.Australia Bank (NAB)

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Thursday 07 December, 2006

Nat.Australia Bank

Appendix 3E - Buyback

National Australia Bank Ld
06 December 2006



Appendix 3E



Daily share buy-back notice

(except minimum holding buy-back and

selective buy-back)



Information and documents given to ASX become ASX's property and may be made
public.






Name of entity                                                           ABN
National Australia Bank Limited                                          12 004 044 937





We (the entity) give ASX the following information.





Information about buy-back


1      Type of buy-back                                                   On market



2      Date Appendix 3C was given to ASX                               3 November 2006







Total of all shares bought back, or in relation to which acceptances have been
received, before, and on, previous day


                                                  Before previous day              Previous day






  3     Number of shares bought back or if             2,315,224                     355,417
        buy-back is an equal access scheme,
       in relation to which acceptances have
                   been received




  4     Total consideration paid or payable         $89,677,765.03                $13,704,595.18
                  for the shares




                                             Before previous day           Previous day





5      If buy-back is an on-market buy-back  highest price paid: $39.22    highest price paid: $38.80

                                             date: 30 -Nov 06



                                             lowest price paid: $37.87     lowest price paid: $38.42

                                             date:  29 Nov 06

                                                                           highest price allowed under
                                                                           rule 7.33:     $40.65





Participation by directors


6      Deleted 30/9/2001.





How many shares may still be bought back?


7      If the company has disclosed an         Up to a maximum total consideration of A$396,617,639.79
       intention to buy back a maximum
       number of shares - the remaining
       number of shares to be bought back





Compliance statement



1.                The company is in compliance with all Corporations Act
requirements relevant to this buy-back.



2.                There is no information that the listing rules require to be
disclosed that has not already been disclosed, or is not contained in, or
attached to, this form.





Sign here:
............................................................
Date: 07 Dec 06







Print name:

                                 == == == == ==





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