AMP LIMITED — Major Shareholding Notification 2007

Aug 2, 2007

2 August 2007

BY FAX - ORIGINAL IN POST (61 2 9257 7445)

AMP Limited Level 24, AMP Building 33 Alfred Street Sydney, NSW 2000 Australia

Re: Notice of Change in Interests of Substantial Shareholder under Section 671B

Company Secretary:

Enclosed is a Notice of Change in Interests of Substantial Shareholder Under Section 671B dated 01 August 2007. Please note that a copy of this report has been sent to the Australian Stock Exchange.

Neither the Capital Group Companies, Inc. nor any of its affiliates own shares of your company for its own account. Rather, the shares reported on Form 604 are owned by accounts under the discretionary investment management of one or more of the investment management companies that make up the Capital Group Companies, Inc.

For the purposes of this Notice an outstanding share balance of 1,874,852,876 shares was used to calculate the percentages of holdings of the relevant share capital. We believe this outstanding share balance is current; however, if this number is not accurate, please contact us as soon as possible so that we may make the necessary revisions to this Notice.

Should you have questions or require additional information, please contact Gina Martinez or Vivien Tan at (213) 615-0469, or send a fax message to (213) 486-9698. Alternatively, you may contact us via E-mail at GRGroup@capgroup.com.

Regards,

Vivien Tan Compliance Specialist

604 page Page 1 of 2

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme AMP Limited ACN/ARSN 1. Details of substantial holder(1) Name The Capital Group Companies, Inc. ACN/ARSN (if applicable) n/a There was a change in the interests of the substantial holder on 01 August 2007 The previous notice was given to the company on 09 March 2007 The previous notice was dated 08 March 2007

The shares reported were owned by accounts under the discretionary investment management of 1 investment management company (Capital Research and Management Company) which is a direct or indirect subsidiary of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071.

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 (2) had a relevant interest (3) 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 (4)	Previous notice	Previous notice	Present notice	Present notice
	Person'svotes	Voting power(5)	Person'svotes	Voting power(5)
Ordinary Shares	113,193,915	6.0375%	132,633,342	7.0743%

The shares being reported under this section are owned by accounts under the discretionary investment management of 1 investment management company (Capital Research and Management Company) which is a direct or indirect subsidiary of The Capital Group Companies, Inc., 333 South Hope Street, 55th Floor, Los Angeles, California 90071.

604 page Page 2 of 2

3. Changes in relevant interests

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

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person'svotesaffected
12/3/2007to01/8/2007	The Capital GroupCompanies, Inc.	Increasedholdings	Average price of 10.0848	19,439,427Ordinary Shares	19,439,427

See Annexure A dated 08 March 2007

4. Present relevant interests

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

Holder ofrelevantinterest	Registered holder ofsecurities	Person entitled tobe registered asholder(8)	Nature of relevantinterest (6)	Class andnumber ofsecurities	Person's votes
		none
See Annexure A dated 01 August 2007 (copy attached)

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (ifapplicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
The Capital Group Companies, Inc.	333 South Hope Street, 55thFloorLosAngeles, CA90071

Signature

==> picture [328 x 62] intentionally omitted <==

----- Start of picture text ----- print name: Liliane Corzo Capacity: Associate Counselsign here __________________ date 02 August 2007----- End of picture text -----

Annexure “A”

This is the Annexure of 1 page marked Annexure “A” referred to in Form 604 signed by this corporation dated 1 August 2007.

The Capital Group Companies, Inc.

By: ______________________________________ Liliane Corzo Associate Counsel

Australia Annexure AMP Limited

1 August 2007

CG Investment Management CompanyCapital Research and Management CompanyGRAND TOTAL	Account NumberNumber of Shares1100000521,000,0001100000620,680,000110000073,756,3011100001025,000,2021100001210,024,1771100001612,959,607110000276,880,0001100003324,872,466110000704,925,000110000712,535,589132,633,342132,633,342	% Held7.07%

Nominee List

AMP Limited 01 August 2007

Nominee Name

Nominee Name
Chase Manhattan Bank Australia Limited
Level 36 World Trade Centre
Jamison Street
Sydney, NSW 2000 Australia
11000005	21,000,000
11000006	20,680,000
11000007	3,756,301
11000012	10,024,177
11000016	12,959,607
11000033	24,872,466
Total Shares:	93,292,551
State Street Nominees Limited
Canary Wharf
27th Floor, 1 Canada Square
London E14 5AF
11000027	6,880,000
Total Shares:	6,880,000
Westpac Custodian Nominees
50 Pitt Street, 8th Floor
Sydney, NSW 2000
Australia
11000010	25,000,202
11000070	4,925,000
11000071	2,535,589
Total Shares:	32,460,791