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AMP LIMITED Capital/Financing Update 2018

Nov 14, 2018

64379_rns_2018-11-14_6e49603e-7b29-47d4-adeb-b57bd6eb73d3.pdf

Capital/Financing Update

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15 November 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)

AMP Limited issues $250m of AMP Subordinated Notes

AMP Limited (AMP) has successfully raised $250 million of AMP Subordinated Notes at a margin of 275 basis points over the BBSW rate.

AMP expects to use all or a substantial portion of the proceeds of the issue to fund or support the funding of tier 2 capital of a regulated entity within the AMP group.

ANZ, CBA, NAB and UBS were each Joint Lead Managers for the AMP Subordinated Notes while King & Wood Mallesons acted as legal adviser to AMP.

Media enquiries

Investor enquiries

Catherine Woods Mobile: +61 477 320 333

Jason Bounassif Group Treasurer Mobile: +61 411 404 637

Public Affairs

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T 02 9257 6127 E [email protected] W AMP.com.au/media

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

AMP_AU