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BRIEF-National Australia Bank Says Court Approved Settlement Of Class Action On CCI Products

May 12 (Reuters) - National Australia Bank Ltd:

* FEDERAL COURT APPROVES SETTLEMENT OF CLASS ACTION AGAINST NAB & MLC LTD IN RELATION TO CONSUMER CREDIT INSURANCE PRODUCTS

* SETTLEMENT INVOLVES A PAYMENT OF $49.5 MILLION Source text here Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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