AMP LIMITED — Major Shareholding Notification 2007

Aug 19, 2007

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Date: 20-Aug-07

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 Tower Australia 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: Tower Australia Group Limited

ACN/ARSN: 003 401 698

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 16-Aug-2007 The previous notice was given to the company on 16-Jul-2007 The previous notice was dated 12-Jul-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 Previous notice	Person’s votes Voting power Present notice	Person’s votes Voting power Present notice
FullyPaid Ordinary	16,883,790	5.05%	20,743,933	6.21%

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
15-Aug-07	AMP Life Limited	Interfund Transfer In	$77,592.00	Fully Paid Ordinary 36,600	36,600
15-Aug-07	AMP Life Limited	Interfund Transfer Out	-$77,592.00	Fully Paid Ordinary - 36,600	-36,600
13-Jul-2007 to 16-Aug-2007	AMP Life Limited	Share acquisition	$3,932,637.46	Fully Paid Ordinary 1,747,908	1,747,908
16-Jul-2007 to 9-Aug-2007	Cogent Nominees Pty Limited	Share acquisition	$889,628.88	Fully Paid Ordinary 370,988	370,988
9-Aug-07	Cogent Nominees Pty Limited	Share disposal	-$871,005.60	Fully Paid Ordinary - 362,919	-362,919
16-Jul-2007 to 16-Aug-2007	Cogent Nominees Pty Limited	Share acquisition	$980,592.75	Fully Paid Ordinary 450,785	450,785
25-Jul-2007 to 16-Aug-2007	Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	Share acquisition	$553,275.86	Fully Paid Ordinary 227,444	227,444
20-Jul-2007 to 1-Aug-2007	Equipsuper	Share acquisition	$105,863.62	Fully Paid Ordinary 45,086	45,086
30-Jul-2007 to 16-Aug-2007	Government Employees Superannuation Board	Share acquisition	$658,993.86	Fully Paid Ordinary 286,542	286,542
30-Jul-2007 to 9-Aug-2007	Queensland Local Government Superannuation Board	Share acquisition	$81,656.01	Fully Paid Ordinary 34,611	34,611
10-Aug-07	Queensland Local Government Superannuation Board	Share disposal	-$114,000.00	Fully Paid Ordinary -50,000	-50,000
16-Jul-2007 to 16-Aug-2007	State Authority Superannuation Scheme	Share acquisition	$576,034.25	Fully Paid Ordinary 268,485	268,485
30-Jul-2007 to 16-Aug-2007	Stichting Pensioenfolds - ABP	Share acquisition	$1,264,331.98	Fully Paid Ordinary 549,848	549,848
30-Jul-2007 to 16-Aug-2007	Stichting Pensioenfolds Hoogovens	Share acquisition	$115,748.12	Fully Paid Ordinary 50,338	50,338
16-Jul-2007 to 16-Aug-2007	UniSuper Limited	Share acquisition	$354,392.72	Fully Paid Ordinary 165,186	165,186
20-Jul-2007 to 1-Aug-2007	Cogent Nominees Pty Limited	Share acquisition	$178,077.63	Fully Paid Ordinary 75,841	75,841

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: 11,071,181	11,071,181
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: 3,247,209	3,247,209
	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited		Fully Paid Ordinary: 362,919	362,919
	Citicorp Nominees Pty Limited	Stichting Pensionfonds Hoogovens		Fully Paid Ordinary: 163,806	163,806
	Goldman Sachs	AMP Capital Investors Australian Long Short Fund		Fully Paid Ordinary: 34,858	34,858
	JP Morgan Nominees AustraliaLimited	Stichting Pensionfonds ABP		Fully Paid Ordinary: 745,483	745,483
	JP Morgan Nominees Australia Limited	QLD Local Government Superannuation Board		Fully Paid Ordinary: 240,205	240,205
	JP Morgan Nominees Australia Limited	State Authority Superannuation Scheme		Fully Paid Ordinary: 2,097,733	2,097,733
	JP Morgan Nominees Australia Limited	State Authority Superannuation Enhanced Index Share Fund		Fully Paid Ordinary: 144,044	144,044
	National Nominees Pty Limited	Government Employees Superannuation Board		Fully Paid Ordinary: 651,844	651,844
	National Nominees Pty Limited	Commonwealth Bank Officers Superannunation Corporation Pty Ltd as trustee for the Officers' Superannuation Fund		Fully Paid Ordinary: 667,065	667,065
	National Nominees Pty Limited	Equipsuper		Fully Paid Ordinary: 45,086	45,086
	National Nominees Pty Limited	UniSuper Limited		Fully Paid Ordinary: 1,272,500	1,272,500

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 National Nominees Pty Limited 271 Collins Street, Melbourne VIC 3000 QLD Local Government Superannuation Board Of GPO Box 264, Brisbane QLD 4001 State Authority Superannuation Scheme Level 14, 83 Clarence Street, Sydney NSW 2000 State Authority Superannuation Enhanced Index Share Level 14, 83 Clarence Street, Sydney NSW 2000 Stichting Pensioenfonds Hoogovens PO Box 10,000, 1970 CA IJmuiden, The Netherlands Stichting Pensioenfonds ABP PO Box 10,000, 1970 CA IJmuiden, The Netherlands Unisuper Limited Level 28, 367 Collins Street, Melbourne 3000 United SMF Sector Leaders Australian Equity Fund Level 3, 30 Collins Street Melbourne, Victoria 3000

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