AMP LIMITED — Major Shareholding Notification 2007

Jul 31, 2007

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Date:

1-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 Alchemia 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: Alchemia Limited

ACN/ARSN: 079 354 519

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 30-Jul-2007 The previous notice was given to the company on 02-Jul-2007 The previous notice was dated 29-Jun-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:

	Person whose relevant interest		Consideration given in	Class and number of	Person’s votes
Date of change	changed	_Nature of change _	_relation to change _	securities affected	affected
				Fully Paid Ordinary Shares
6-Jul-07	AMP Life Limited	Share acquisition	$14,886.00	16,540	16,540
				Fully Paid Ordinary Shares
6-Jul-2007 to 19-Jul-2007	AMP Life Limited	Share disposal	-$1,275,507.50	-1,595,208	-1,595,208
				Fully Paid Ordinary Shares
19-Jul-07	Cogent Nominees PtyLimited	Share disposal	-$30,197.62	-37,872	-37,872

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 Cogent Nominees Pty Limited Level 6, 60 Castlereagh Street, Sydney NSW 2000

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