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.): 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 Dyno Nobel 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

Form 605 Corporations Law Section 671B Notice of Ceasing to be a Substantial Holder

To: Dyno Nobel Limited

ACN/ARSN: 117 733 463

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 01-Aug-2007 The previous notice was given to the company on 03-May-2007 The previous notice was dated 01-May-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 ofsecurities affected	Person’s votesaffected
11-May-2007 to 30-Jul-2007	AMP Capitial Investors Limited	Share acquisition	$8,761,312.00	Fully Paid Ordinary3,563,891	3,563,891
2-May-2007 to 26-Jul-2007	AMP Capitial Investors Limited	Share disposal	-$2,313,265.00	Fully Paid Ordinary-996,243	-996,243
31-May-2007 to 19-Jul-2007	AMP Life Limited	Share acquisition	$852,062.82	Fully Paid Ordinary344,312	344,312
4-May-2007 to 30-Jul-2007	AMP Life Limited	Share disposal	-$5,432,531.78	Fully Paid Ordinary-2,391,678	-2,391,678
6-Jun-2007 to 5-Jul-2007	Cogent Nominees PtyLimited	Share acquisition	$375,133.34	Fully Paid Ordinary157,670	157,670
4-May-2007 to 30-Jul-2007	Cogent Nominees PtyLimited	Share disposal	-$514,590.27	Fully Paid Ordinary-209,188	-209,188
2-Jul-2007 to 16-Jul-2007	Equipsuper	Share disposal	-$3,820,556.00	Fully Paid Ordinary-1,623,202	-1,623,202
19-Jul-07	Government Employees Superannuation Board	Share acquisition	$58,984.44	Fully Paid Ordinary25,131	25,131
6-Jun-2007 to 30-Jul-2007	Government Employees Superannuation Board	Share disposal	-$748,782.53	Fully Paid Ordinary-351,017	-351,017
23-May-07	LAMP	Share acquisition	$1,122,377.26	Fully Paid Ordinary429,600	429,600
2-Jul-2007 to 19-Jul-2007	LAMP	Share disposal	-$2,984,532.09	Fully Paid Ordinary-1,276,527	-1,276,527
27-Jul-2007 to 30-Jul-2007	Queensland Local Government Superannuation Board	Share disposal	-$219,651.38	Fully Paid Ordinary-103,258	-103,258
13-Jun-07	State Authority Superannuation Enhanced Index ShareFund	Share disposal	-$12,785.20	Fully Paid Ordinary-5,161	-5,161
27-Jul-2007 to 30-Jul-2007	StichtingPensioenfolds - ABP	Share disposal	-$30,198.43	Fully Paid Ordinary-14,192	-14,192
28-Mar-07	StichtingPensioenfolds Hoogovens	Share acquisition	$4,004.00	Fully Paid Ordinary1,725	1,725
27-Jul-2007 to 30-Jul-2007	StichtingPensioenfolds Hoogovens	Share disposal	-$3,670.54	Fully Paid Ordinary-1,725	-1,725

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 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 QLD Local Government Superannuation Board Of GPO Box 264, Brisbane QLD 4001 State Authority Superannuation Enhanced Index Share Fund 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

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