AMP LIMITED — Capital/Financing Update 2018

Dec 17, 2018

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18 December 2018

Manager Client and Market Services Team ASX Market Announcements NZX Limited Australian Securities Exchange Level 1, NZX Centre, 11 Cable Street Level 4, 20 Bridge Street PO Box 2959 Sydney NSW 2000 Wellington, New Zealand

AMP Limited (ASX/NZX: AMP)

Redemption of AMP Subordinated Notes 2 (ASX: AMPHA)

AMP today redeemed all of its $325 million AMP Subordinated Notes 2 (Notes) (3,250,000 Notes at $100 each).

Each noteholder has been paid the face value of $100 and a final interest payment of $1.1397 for each Note held on 10 December 2018 (the record date for final payments). These payments have been made in the same manner that interest payments on Notes have previously been paid.

For further information please contact AMP as follows.

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Investor enquiries

Media enquiries

Marnie Reid Catherine Woods Head of Shareholder Services Head of Media Relations Phone: 1800 245 500 Mobile: +61 477 320 333 Email: Marnie_Reid@amp.com.au Email: Catherine_Woods@amp.com.au

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Public Affairs

T 02 9257 6127 E media@amp.com.au W AMP.com.au/media

AMP Limited 33 Alfred Street, Sydney NSW 2000 Australia ABN 49 079 354 519

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