AMP LIMITED — M&A Activity 2010

Dec 2, 2010

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Kevin Keenan Company Secretary

Phone: 61 3 8688 3978 Fax: 61 3 9614 5298

3 December 2010

Australian Securities Exchange Company Announcements Office 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

AXA Asia Pacific Holdings Limited (AXA APH)

Please find attached correspondence from our Chairman to shareholders in relation to the new Proposal from AMP Limited and AXA SA to acquire all shares in AXA APH.

Yours sincerely

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Kevin Keenan Company Secretary

Page 1 of 2 pages

AXA Asia Pacific Holdings Limited ABN 78 069 123 011

750 Collins Street Docklands VIC 3008

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AXA_GM_173955/000001/000001/i