AMP LIMITED — Capital/Financing Update 2009

Mar 9, 2009

==> picture [563 x 90] intentionally omitted <==

----- Start of picture text -----

ASX Announcement
----- End of picture text -----

10 March 2009

Manager Manager Company Announcements Office Market Information Services Section Australian Stock Exchange New Zealand Stock Exchange Level 4, 20 Bridge Street Level 2, NZX Centre, 11 Cable Street Sydney NSW 2000 Wellington New Zealand Announcement No: 08/09

Please find attached a letter to AMP shareholders outlining AMP Notes. This document will be sent to selected shareholders in the next week.

ABN 49 079 354 519

AMP Limited (AMP) ASX Announcement AMP Limited Level 24, 33 Alfred Street Sydney NSW 2000 Australia

your SrN / hiN iS: i 0123456789

Your chance to buy AMP Notes Register for a prospectus now

MR John SMith 123 JohnS Road SMithville nSW 2000

do you:

• have a$5,000 or nZ$5,000 or more to invest?

• want an investment that pays quarterly interest above a market-based rate?

For more information and a prospectus

go to www.ampnotesoffer.com.au

or

• want to invest in the aMP group?

aMP notes are new subordinated unsecured debt securities that come in two types – australian dollar notes to be traded on the australian Securities exchange and new Zealand dollar notes to be traded on the new Zealand debt exchange.

contact the AMP Notes Information Line Monday to Friday between 8.30am and 5.00pm (Sydney time) 1300 750 485 (within Australia) 0800 444 229 (within New Zealand).

We’ll need to receive your completed application form, which you’ll find in the prospectus, by 2 April 2009 . (Check the website for possible changes to this date)

aMP notes will be issued by aMP Group Finance Services limited

important notices: AMP Group Finance Services Limited (ABN 95 084 247 914) lodged a prospectus in relation to the offer of AMP Notes with the Australian Securities and Investments Commission (ASIC) on 3 March 2009. It has, or will be, lodged with the New Zealand Companies Office (NZCO) on or about that date. This card is not an offer of, or invitation to apply for, AMP Notes. The offer of AMP Notes will be made in, or accompanied by, the prospectus. Anyone wishing to acquire AMP Notes will need to complete the application form in or accompanying the prospectus. For the purpose of this card, the definition of prospectus will include the replacement prospectus that is expected to be lodged with ASIC and NZCO on or about 11 March 2009.

The information on this card does not take into account your investment objectives, financial situation or particular needs. You should consider whether investing in AMP Notes is appropriate for you in light of your investment objectives and financial circumstances. In deciding whether to subscribe for AMP Notes you should read and consider the prospectus and seek advice from your financial adviser. An investment in AMP Notes is subject to risks which are disclosed in the prospectus. AMP Notes are not bank deposits and there is a risk that investors may lose some or all of their principal investment.