Update on the AXA APH transaction

AXA, AXA Asia Pacific Holdings Limited (AXA APH) and National Australia Bank Limited (NAB) have today agreed to extend until July 15, 2010 end of day the agreement relating to the proposed transaction whereby NAB will acquire 100% of AXA APH, retain the Australian and New Zealand businesses of AXA APH and sell to AXA 100% of the Asian businesses of AXA APH.