AMP LIMITED — Major Shareholding Notification 2007

Oct 24, 2007

==> picture [147 x 52] intentionally omitted <==

Date:

25-Oct-07

The Manager Listings Department Australian Stock Exchange Limited

No. of Pages (incl.): 2

NOTICE OF PERSON CEASING TO BE A SUBSTANTIAL HOLDER

Dear Sir/Madam,

Pursuant to Section 671 of the Corporations Law, AMP Limited hereby advises that it is no longer a substantial holder in Transfield Services Limited.

The enclosed ASIC Form 605 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

Notice of Ceasing to be a Substantial Holder

Form 605 Corporations Law Section 671B

To: Transfield Services Limited

ACN/ARSN: 000 484 417

1. Details of substantial holder

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

The holder ceased to be a substantial holder on 23-Oct-2007 The previous notice was given to the company on 08-Oct-2007 The previous notice was dated 04-Oct-2007

2. 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 securities affected	Person’s votes affected
8-Oct-2007 to 23-Oct-2007	AMP Capitial Investors Limited	Share disposal	-$624,867.00	Fully Paid Ordinary -45,198	-45,198
10-Oct-2007 to 15-Oct-2007	AMP Life Limited	Share acquisition	$1,125,026.65	Fully Paid Ordinary 82,432	82,432
10-Oct-2007 to 23-Oct-2007	AMP Life Limited	Share disposal	-$5,583,471.75	Fully Paid Ordinary -380,439	-380,439
11-Oct-2007 to 15-Oct-2007	Cogent Nominees PtyLimited	Share acquisition	$404,252.48	Fully Paid Ordinary 29,738	29,738
22-Oct-2007 to 23-Oct-2007	Cogent Nominees PtyLimited	Share disposal	-$128,928.99	Fully Paid Ordinary -8,756	-8,756
11-Oct-2007 to 15-Oct-2007	Cogent Nominees Pty Limited	Share acquisition	$510,787.19	Fully Paid Ordinary 37,575	37,575
10-Oct-07	Cogent Nominees Pty Limited	Share disposal	-$1,282,979.57	Fully Paid Ordinary -23,050	-88,071
11-Oct-07	Queensland Local Government Superannuation Board	Share acquisition	$96,554.90	Fully Paid Ordinary 7,000	7,000
11-Oct-2007 to 15-Oct-2007	State Authority Superannuation Scheme	Share acquisition	$452,075.50	Fully Paid Ordinary 33,256	33,256
11-Oct-2007 to 15-Oct-2007	UniSuper Limited	Share acquisition	$269,972.90	Fully Paid Ordinary 19,860	19,860
19-Oct-07	UniSuper Limited	Share disposal	-$1,452,234.00	Fully Paid Ordinary -97,400	-97,400

3. 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 holder in relation to voting interests in the company or scheme are as follows:

Name and ‘ACN Nature of association

No Changes

4. 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 QLD Local Government Superannuation Board Of GPO Box 264, Brisbane QLD 4001 State Authority Superannuation Scheme Level 14, 83 Clarence Street, Sydney NSW 2000 UniSuper Limited Level 28, 367 Collins Street, Melbourne VIC 3000

This notice of change of interests of substantial holder (ASIC Form 605) comprises 1 page/s in total.