NAB adds A$125 mln to 2010 notes in four increases

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SYDNEY, April 29 (Reuters) - National Australia Bank
(NAB.AX: Quote, Profile, Research, Stock Buzz), Australia's largest bank by assets, has added a total
of A$125 million ($117 million) to its 2010 floating and fixed
rate notes in four separate increases, sole lead UBS said on
Tuesday.

The increases bring the total issue of fixed and floating
rate notes to A$975 million.

The deal details are as follows:

1)

Issuer: National Australia Bank

Facility: Fixed rate note increase

Documentation: Australian

Amount issued: A$25 million

Total amount: A$300 million

Maturity: Nov. 26 2010

Set date: April 29

Coupon: 7.75%

Yield: 8.465%

Margin: undisclosed

Gross price: 101.667 including 3.3% in accrued interest

Lead(s): UBS

Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)

2)

Issuer: National Australia Bank

Facility: Fixed rate note increase

Documentation: Australian

Amount issued: A$50 million

Total amount: A$350 million

Maturity: Nov. 26 2010

Set date: April 29

Coupon: 7.75%

Yield: 8.4675%

Margin: undisclosed

Gross price: 101.661 including 3.3% in accrued interest

Lead(s): UBS

Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)

3)

Issuer: National Australia Bank

Facility: Fixed rate note increase

Documentation: Australian

Amount issued: A$25 million

Total amount: A$375 million

Maturity: Nov. 26 2010

Set date: April 29

Coupon: 7.75%

Yield: 8.59%

Margin: undisclosed

Gross price: 101.386 including 3.3% in accrued interest

Lead(s): UBS

Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)

4)

Issuer: National Australia Bank

Facility: Floating rate note increase

Documentation: Australian

Amount issued: A$25 million

Total amount: A$600 million

Maturity: Nov. 26 2010

Set date: April 23

Coupon: +40 basis points over 90-day BBSW

Yield: undisclosed

Margin: undisclosed

Gross price: 100.485 including 1.283% in accrued
interest

Lead(s): UBS

Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)
($1=A$1.07)
(Reporting by Cecile Lefort)