AMP LIMITED — Major Shareholding Notification 2009

Dec 16, 2009

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Date:

17th December, 2009

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 NRW Holdings Limited.

The enclosed ASIC Form 605 discloses all required details.

Yours faithfully,

Glen Moran Head of Corporate Actions BNP Paribas Securities Services Phone: 02 9222 0091

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: NRW Holdings Limited

ACN/ARSN: 118 300 217

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 15th December, 2009 The previous notice was given to the company on 05-Nov-2009 The previous notice was dated 03-Nov-2009

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 of securities affected	Person’s votes affected
20-Nov-2009 to 9-Dec-2009	AMP Capitial Investors Limited	Share acquisition	$69,139.91	Fully Paid Ordinary 38,299	38,299
4-Nov-2009 to 15-Dec-2009	AMP Life Limited	Share disposal	-$1,573,420.48	Fully Paid Ordinary -900,221	-900,221
3-Dec-09	AMPCI Sustainable Extended Alpha Fund	Share acquisition	$55,888.00	Fully Paid Ordinary 30,498	30,498
6-Nov-2009 to 15-Dec-2009	AMPCI Sustainable Extended Alpha Fund	Share disposal	-$29,642.19	Fully Paid Ordinary -16,288	-16,288
6-Nov-2009 to 15-Dec-2009	Christian Superannuation Fund	Share disposal	-$19,781.78	Fully Paid Ordinary -10,877	-10,877
18-Nov-09 to 1-Dec-09	Cogent Nominees PtyLimited	Share acquisition	$767,217.31	Fully Paid Ordinary 426,670	426,670
1-Dec-2009 to 15-Dec-2009	Cogent Nominees PtyLimited	Share disposal	-$396,764.37	Fully Paid Ordinary -225,493	-225,493
4-Nov-2009 to 15-Dec-2009	Cogent Nominees Pty Limited	Share disposal	-$879,803.22	Fully Paid Ordinary -491,244	-491,244
11-Dec-2009 to 15-Dec-2009	Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	Share disposal	-$14,417.61	Fully Paid Ordinary -7,482	-7,482
4-Nov-2009 to 15-Dec-2009	Government Employees Superannuation Board	Share disposal	-$467,735.03	Fully Paid Ordinary -274,285	-274,285
4-Nov-2009 to 15-Dec-2009	Queensland Local Government Superannuation Board	Share disposal	-$62,421.60	Fully Paid Ordinary -36,346	-36,346
4-Nov-2009 to 15-Dec-2009	StichtingPensioenfolds - ABP	Share disposal	-$670,370.09	Fully Paid Ordinary -388,426	-388,426
4-Nov-2009 to 15-Dec-2009	Stichting Pensioenfolds Hoogovens	Share disposal	-$91,605.20	Fully Paid Ordinary -53,062	-53,062

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
Commonwealth Bank Officers Superannuation Corporation Pty Ltd 9th Floor, 48 Martin Place, Sydney NSW 2000
Government Employee Superannuation Board	PO Box J755, Perth WA 6842
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 notice of change of interests of substantial holder (ASIC Form 605) comprises 1 page/s in total.