Press Release
Approval of Application by National Australia Bank Ltd to Acquire Great Western Bancorporation, Inc
April 30, 2008

NEW YORK—The Federal Reserve Bank of New York on April 25 approved the application by National Australia Bank Limited, Melbourne, Australia; National Equities Limited, Melbourne, Australia; National Americas Holdings LLC, New York, New York; and National Americas Investment, Inc., New York, New York, for prior approval of the Board of Governors of the Federal Reserve System to become bank holding companies, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, by acquiring all of the outstanding voting shares of Great Western Bancorporation, Inc., Omaha, Nebraska and its wholly-owned subsidiary, Great Western Bank, Watertown, South Dakota.

According to standard procedure, the proposal cannot be completed for 15 days.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.

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