RNS Number:5567I
NBNZ International Ld
11 March 2003

Pricing Supplement

Issuer:                              National Bank of New Zealand Limited
Series Number:                       25
Description:                         HKD200,000,000
Currency/ Principal Amount:          Hong ong Dollars
Issue Price:                         100 per cent
Specified Denomination               HKD2,000,000
Issue Date:                          11 March 2003
Maturity Date:                       11 March 2004
ISIN:                                XS0164639063

     A copy of the above document has been submitted to the UK Listing Authority
      and will shortly be available for inspection at the UK Listing Authority's
                                Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will normally be available for inspection within six normal
business hours of this notice being given).


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