AMP LIMITED — Major Shareholding Notification 2007

Dec 18, 2007

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Date: 19th December 2007

The Manager Listings Department Australian Stock Exchange Limited

No. of Pages (incl.): 3

NOTICE OF INITIAL SUBSTANTIAL HOLDER

Dear Sir/Madam,

Pursuant to Section 671B of the Corporations Law, AMP Limited discloses a substantial holding in HFA Holdings Limited.

The enclosed ASIC Form 603 discloses all required details.

Yours faithfully,

Justin Christopher Head of Custody BNP Paribas Securities Services Phone: 02 9222 0029

BNP PARIBAS FUND SERVICES AUSTRALASIA PTY LTD Level 6 60 Castlereagh Street Sydney NSW 2000 Australia PO BOX R209 Royal Exchange NSW 1225 Australia Tel: +61 2 9222 0000 - Fax: +61 2 9222 0255 ABN 71 002 655 674

Form 603 Corporations Law Section 671B

Notice of Initial Substantial Holder

To: HFA Holdings Limited ACN/ARSN: 101 585 737

1. Details of substantial holder

Name: AMP Limited (ACN 079 354 519) and its related bodies corporate.

The holder became a substantial holder on 17th December 2007

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest on the date the substantial holder became a substantial holder are as follows:

Class of securities Number of Securities Persons’ votes Voting power Fully Paid Ordinary 16,621,474 16,621,474 5.12%

3. Details of relevant interests

The nature of relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interests	Class and number of securities	Person's votes affected
AMP Life Limited ("AMP Life")	AMP Life is entitled to be the registered holder of the class and number of securities listed beside its name. AMP Life is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary: 3,222,460	3,222,460
AMP Capital Investors Limited ('AMP Capital')	AMP Capital, in its capacity as the investment manager for the persons or trusts listed besides its name in Paragraph 4, has the power to control voting and/or the disposal of securities. AMP Capital is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary: 12,659,540	12,659,540
AMP Capital Investors Limited as Responsible Entity of the Future Directions Australian Small Companies Fund	AMP Capital Investors Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary: 626,904	626,904
AMP Capital Investors Limited as Responsible Investment Leader Australian	AMP Capital Investors Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3)of the Corporations Law	Fully Paid Ordinary: 112,570	112,570
Total: 16,621,474

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class and number of securities	Person’s votes affected
AMP LifeLimited	AMP LifeLimited	AMP LifeLimited	FullyPaid Ordinary:3,222,460	3,222,460
AMP Capital Investors Limited	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited	Fully Paid Ordinary: 8,531,819	8,531,819
	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited	Fully Paid Ordinary: 1,035,030	1,035,030
	Citicorp Nominees Pty Limited	Stichting Pensionfonds Hoogovens	Fully Paid Ordinary: 98,000	98,000
	JP Morgan Nominees AustraliaLimited	Stichting Pensionfonds ABP	Fully Paid Ordinary: 800,000	800,000
	JP Morgan Nominees AustraliaLimited	QLD Local Government Superannuation Board	Fully Paid Ordinary: 79,000	79,000
	JP Morgan Nominees AustraliaLimited	ARIA scheme	Fully Paid Ordinary: 1,252,508	1,252,508
	National Nominees Pty Limited	Commonwealth Bank Officers Superannunation Corporation Pty Ltd as trustee for the Officers' Superannuation Fund	Fully Paid Ordinary: 283,645	283,645
	National Nominees Pty Limited	Government Employees Superannuation Board of WA -SustainableFund	Fully Paid Ordinary: 579,538	579,538
AMP Capital Investors Limited as Responsible Entity of the Future Directions Australian Small Companies Fund	Cogent Nominees Pty Limited	AMP Capital Investors Limited	Fully Paid Ordinary: 626,904	626,904
AMP Capital Investors Limited as Responsible Investment Leader Australian ShareFund	Cogent Nominees Pty Limited	AMP Capital Investors Limited	Fully Paid Ordinary: 112,570	112,570
Total: 16,621,474

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration	Class and number of securities
AMP Capitial Investors Limited	1-Oct-2007 to 11-Dec-2007	$1,660,748.61	Fully Paid Ordinary Shares 739,474
AMP Life Limited	21-Aug-2007 to 7-Dec- 2007	$4,863,844.35	Fully Paid Ordinary Shares 2,325,938
ARIA Scheme	21-Aug-2007 to 12-Dec- 2007	$1,910,700.54	Fully Paid Ordinary Shares 912,785
Cogent Nominees PtyLimited	21-Aug-2007 to 7-Dec- 2007	$1,252,254.24	Fully Paid Ordinary Shares 621,177
Cogent Nominees PtyLimited	10-Dec-07	$0.00	Fully Paid Ordinary Shares -1
Cogent Nominees PtyLimited	21-Aug-2007 to 7-Dec- 2007	$12,850,924.53	Fully Paid Ordinary Shares 6,137,923
Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	20-Aug-2007 to 7-Dec- 2007	$813,500.78	Fully Paid Ordinary Shares 408,645
Government Employees Superannuation Board	21-Aug-2007 to 11-Dec- 2007	$857,011.15	Fully Paid Ordinary Shares 409,537
Government Employees Superannuation Board	11-Dec-07	$0.00	Fully Paid Ordinary Shares -1
Queensland Local Government Superannuation Board	10-Dec-07	$162,740.00	Fully Paid Ordinary Shares 79,000
StichtingPensioenfolds - ABP	10-Dec-07	$1,648,000.00	Fully Paid Ordinary Shares 800,000
Stichting Pensioenfolds Hoogovens	17-Dec-07	$201,880.00	Fully Paid Ordinary Shares 98,000

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN (if applicable) Nature of association

AMP Life Limited (ACN 079 Related bodies corporate of AMP Limited under Part 1.2 of the Corporations Law. 300 379) AMP Capital Investors Related bodies corporate of AMP Limited under Part 1.2 of the Corporations Law. Limited (ACN 001 777 591)

7. Addresses

The addresses of persons named in this form are as follows:

Name Address AMP Life Limited Level 24, 33 Alfred Street, Sydney NSW 2000 AMP Capital Investors Limited Level 22, 33 Alfred Street, Sydney NSW 2000 Cogent Nominees Pty Limited Level 6, 60 Castlereagh Street, Sydney NSW 2000 Commonwealth Bank Officers Superannuation 9th Floor, 48 Martin Place, Sydney NSW 2000 Equipsuper 171 Flinders Street, Melbourne VIC 3000 Government Employee Superannuation Board PO Box J755, Perth WA 6842 JP Morgan Nominees Australia Limited 259 George Street, Sydney NSW 2000 National Nominees Pty Limited 271 Collins Street, Melbourne VIC 3000 QLD Local Government Superannuation Board Of GPO Box 264, Brisbane QLD 4001 Stichting Pensioenfonds Hoogovens PO Box 10,000, 1970 CA IJmuiden, The Netherlands Stichting Pensioenfonds ABP PO Box 10,000, 1970 CA IJmuiden, The Netherlands

9th Floor, 48 Martin Place, Sydney NSW 2000 171 Flinders Street, Melbourne VIC 3000 PO Box J755, Perth WA 6842 259 George Street, Sydney NSW 2000 271 Collins Street, Melbourne VIC 3000 Of GPO Box 264, Brisbane QLD 4001 PO Box 10,000, 1970 CA IJmuiden, The Netherlands PO Box 10,000, 1970 CA IJmuiden, The Netherlands

This Initial Substantial Holder Notice (ASIC Form 603) comprises 2 page/s in total.