Dec 7 (Reuters) - BANK OF NEW ZEALAND
* APPROVED ISSUE OF 1.1 BILLION ORDINARY SHARES TO SHAREHOLDER, NATIONAL AUSTRALIA GROUP, AT A SUBSCRIPTION PRICE OF $1.00/ SHARE
Dec 7 (Reuters) - BANK OF NEW ZEALAND
* APPROVED ISSUE OF 1.1 BILLION ORDINARY SHARES TO SHAREHOLDER, NATIONAL AUSTRALIA GROUP, AT A SUBSCRIPTION PRICE OF $1.00/ SHARE