AMP LIMITED — Major Shareholding Notification 2007

Oct 29, 2007

==> picture [111 x 40] intentionally omitted <==

Date: 29th October 2007

The Manager Listings Department Australian Stock Exchange Limited

No. of Pages (incl.): 3

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

Dear Sir/Madam,

Pursuant to Section 671B of the Corporations Law, AMP Limited hereby advises of a change in its relevant interest in Just Group Limited.

The enclosed ASIC Form 604 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 604 Corporations Law Section 671B

Notice of Change of Interests of Substantial Holder

To: Just Group Limited ACN/ARSN: 096 911 410 1. Details of substantial holder Name: AMP Limited ACN 079 354 519 and its related bodies corporate.

There was a change in the interests of the substantial holder on 25th October 2007 The previous notice was given to the company on 24-Aug-2007 The previous notice was dated 22-Aug-2007 2. Previous and present 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 in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:	There was a change in the interests of the substantial holder on 25th October 2007 The previous notice was given to the company on 24-Aug-2007 The previous notice was dated 22-Aug-2007 2. Previous and present 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 in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:	There was a change in the interests of the substantial holder on 25th October 2007 The previous notice was given to the company on 24-Aug-2007 The previous notice was dated 22-Aug-2007 2. Previous and present 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 in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:	There was a change in the interests of the substantial holder on 25th October 2007 The previous notice was given to the company on 24-Aug-2007 The previous notice was dated 22-Aug-2007 2. Previous and present 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 in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:	There was a change in the interests of the substantial holder on 25th October 2007 The previous notice was given to the company on 24-Aug-2007 The previous notice was dated 22-Aug-2007 2. Previous and present 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 in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
Class of securities	Person’s votes Voting power Previous notice		Person’s votes Voting power Present notice
FullyPaid Ordinary	12,977,616	6.45%	15,062,371	7.48%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, relevant interests of the substantial holder or an associate in voting securities of the company since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	_Nature of change _	Consideration given in _relation to change _	Class and number of shares affected	Person’s votes affected
18-Oct-2007 to 23-Oct-2007	AMP Capitial Investors Limited	Share disposal	-$61,845.17	Fully Paid Ordinary -12,000	-12,000
13-Sep-2007 to 25-Oct-2007	AMP Life Limited	Share acquisition	$2,473,214.70	Fully Paid Ordinary 495,654	495,654
20-Sep-2007 to 18-Oct-2007	AMP Life Limited	Share disposal	-$101,318.38	Fully Paid Ordinary -20,172	-20,172
13-Sep-2007 to 25-Oct-2007	Cogent Nominees Pty Limited	Share acquisition	$2,141,468.68	Fully Paid Ordinary 51,966	455,588
12-Sep-2007 to 25-Oct-2007	Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	Share acquisition	$389,772.75	Fully Paid Ordinary 79,255	79,255
24-Aug-2007 to 4-Sep-2007	Equipsuper	Share acquisition	$743,127.32	Fully Paid Ordinary 161,042	161,042
31-Aug-07	Equipsuper	Share disposal	-$824,428.00	Fully Paid Ordinary -182,800	-182,800
13-Sep-2007 to 25-Oct-2007	Government Employees Superannuation Board	Share acquisition	$828,395.45	Fully Paid Ordinary 166,473	166,473
17-Oct-2007 to 23-Oct-2007	LAMP	Share acquisition	$2,874,962.60	Fully Paid Ordinary 557,500	557,500
13-Sep-2007 to 25-Oct-2007	Queensland Local Government Superannuation Board	Share acquisition	$173,851.78	Fully Paid Ordinary 33,613	33,613
13-Sep-2007 to 25-Oct-2007	Stichting Pensioenfolds - ABP	Share acquisition	$1,540,351.44	Fully Paid Ordinary 312,249	312,249
13-Sep-2007 to 25-Oct-2007	Stichting Pensioenfolds Hoogovens	Share acquisition	$191,399.36	Fully Paid Ordinary 38,353	38,353

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities	Person’s votes affected
AMP Life Limited	AMP Life Limited	AMP Life Limited	AMP Life is entitled to be the registered holder of the class and number of securities listed beside its name AMP Life Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary: 4,127,611	4,127,611
AMP Capital Investors Limited ('AMP Capital')	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited Accounts>	AMP Capital, in its capacity as the investment manager for the persons or trusts listed besides its name, 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: 6,242,288	6,242,288
	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited		Fully Paid Ordinary: 571,750	571,750
	Citicorp Nominees Pty Limited	Stichting Pensionfonds Hoogovens		Fully Paid Ordinary: 124,333	124,333
	Goldman Sachs	AMP Capital Investors Australian Long Short Fund		Fully Paid Ordinary: 22,514	22,514
	JP Morgan Nominees Australia Limited	Stichting Pensionfonds ABP		Fully Paid Ordinary: 636,731	636,731
	JP Morgan Nominees Australia Limited	LAMP		Fully Paid Ordinary: 949,307	949,307
	JP Morgan Nominees Australia Limited	ARIA Scheme		Fully Paid Ordinary: 815,698	815,698
	JP Morgan Nominees Australia Limited	QLD Local Government Superannuation Board		Fully Paid Ordinary: 147,051	147,051
	JP Morgan Nominees Australia Limited	State Authority Superannuation Enhanced Index Share Fund		Fully Paid Ordinary: 117,677	117,677
	National Nominees Pty Limited	Government Employees Superannuation Board		Fully Paid Ordinary: 452,189	452,189
	National Nominees Pty Limited	Commonwealth Bank Officers Superannunation Corporation Pty Ltd as trustee for the Officers' Superannuation Fund		Fully Paid Ordinary: 269,375	269,375
	National Nominees Pty Limited	QLD Local Government Superannuation Board of WA - Sustainable Fund		Fully Paid Ordinary: 364,535	364,535
	National Nominees Pty Limited	Equipsuper		Fully Paid Ordinary: 193,312	193,312
AMP Capital Investors Limited as Responsible Entity of the Future Directions Extended Markets International Share Fund	Citibank N.A. Hong Kong	AMP Capital Investors Limited	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: 28,000	28,000
				Total: 15,062,371

5. Change in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial shareholder in relation to voting interests In the company or scheme are as follows:

Name and ACN	Nature of association
No Changes

6. 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 Citicorp Nominees Pty Limited 101 Collins Street, Melbourne VIC 3000 Cogent Nominees Pty Limited Level 6, 60 Castlereagh Street, Sydney NSW 2000 Commonwealth Bank Officers Superannuation Corporation 9th Floor, 48 Martin Place, Sydney NSW 2000 Pty Ltd Equipsuper 171 Flinders Street, Melbourne VIC 3000 Goldman Sachs Asia LLC 68th Floor, 2 Queens Road, Central Hong Kong Government Employee Superannuation Board PO Box J755, Perth WA 6842 JP Morgan Nominees Australia Limited 259 George Street, Sydney NSW 2000 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

This notice of change of interests of substantial holder (ASIC Form 604) comprises 2 page/s in total.