AMP LIMITED — Major Shareholding Notification 2007

Aug 2, 2007

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Date:

3-Aug-07

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 Norfolk Group 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: Norfolk Group Limited

ACN/ARSN: 125 615 536

1. Details of substantial holder

Name: AMP Limited (ACN 079 354 519) and its related bodies corporate. The holder became a substantial holder on 01-Aug-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	7,548,649		7,548,649		5.81%

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:

		Class and number of		Person's votes
Holder of relevant interest	Nature of relevant interests	securities		affected
AMP Life Limited ("AMP Life")	AMP Life is entitled to be the registered holder of the	Fully Paid Ordinary:		1,389,292
	class and number of securities listed beside its name.	1,389,292
	AMP Life is a controlled body corporate of AMP Limited
	within the meaning of Section 608(3) of the
	Corporations Law
AMP Capital Investors Limited	AMP Capital, in its capacity as the investment manager	Fully Paid Ordinary:		6,159,357
('AMP Capital')	for the persons or trusts listed besides its name in	6,159,357
	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
			Total:	7,548,649

4. Details of present registered holders

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

	Registered holder of	Person entitled to be	Class and number of		Person’s votes
Holder of relevant interest	securities	registered as holder	securities		affected
AMP Life Limited	AMP Life Limited	AMP Life Limited	Fully Paid Ordinary:		1,389,292
			1,389,292
AMP Capital Investors Limited	Cogent Nominees Pty	Cogent Nominees Pty	Fully Paid Ordinary:		3,331,705
	Limited	Limited	3,331,705
	Cogent Nominees Pty	Cogent Nominees Pty	Fully Paid Ordinary:		721,072
	Limited	Limited	721,072
	Citicorp Nominees Pty	Stichting Pensionfonds	Fully Paid Ordinary:		125,000
	Limited	Hoogovens	125,000
	JP Morgan Nominees	Stichting Pensionfonds	Fully Paid Ordinary:		880,000
	AustraliaLimited	ABP	880,000
	JP Morgan Nominees	QLD Local Government	Fully Paid Ordinary:		175,000
	AustraliaLimited	Superannuation Board	175,000
	JP Morgan Nominees	Public Sector Super	Fully Paid Ordinary:		518,399
	AustraliaLimited	Scheme	518,399
	National Nominees Pty	Commonwealth Bank	Fully Paid Ordinary:		180,000
	Limited	Officers Superannunation	180,000
		Corporation Pty Ltd as
		trustee for the Officers'
		Superannuation Fund
	National Nominees Pty	Government Employees	Fully Paid Ordinary:		228,181
	Limited	Superannuation Board of	228,181
		WA -SustainableFund
				Total:	7,548,649

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:

			Class and number of
Holder of relevant interest	Date of acquisition	Consideration	securities
			Fully Paid Ordinary
AMP Life Limited	23-Jul-2007 to 1-Aug-2007	$3,019,504.09	1,532,411
			Fully Paid Ordinary
ARIA Scheme	25-Jul-2007 to 1-Aug-2007	$1,023,864.37	518,399
			Fully Paid Ordinary
Cogent Nominees PtyLimited	23-Jul-2007 to 1-Aug-2007	$1,423,382.77	721,072
Commonwealth Bank Officers
Superannunation Corporation
Pty Ltd A/T for the Officers'			Fully Paid Ordinary
Superannuation Fund.	25-Jul-07	$351,000.00	180,000
			Fully Paid Ordinary
Equipsuper	24-Jul-07	$1,856,452.65	952,027
Government Employees			Fully Paid Ordinary
Superannuation Board	24-Jul-2007 to 1-Aug-2007	$450,758.10	228,181
			Fully Paid Ordinary
LAMP	25-Jul-07	$2,498,293.20	1,281,176
Queensland Local
Government Superannuation			Fully Paid Ordinary
Board	25-Jul-07	$341,250.00	175,000
			Fully Paid Ordinary
StichtingPensioenfolds - ABP	25-Jul-07	$1,716,000.00	880,000
Stichting Pensioenfolds			Fully Paid Ordinary
Hoogovens	26-Jul-07	$243,750.00	125,000
			Fully Paid Ordinary
Cogent Nominees PtyLimited <23-Jul-2007 to 1-Aug-2007		$8,966,669.86	4,555,383

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

_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 Limited	Related bodies corporate of AMP Limited under Part 1.2 of the Corporations Law.
(ACN001 777591)

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
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
Equipsuper	171 Flinders Street, Melbourne VIC 3000
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

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