AMP LIMITED — Major Shareholding Notification 2009

Oct 5, 2009

==> picture [157 x 55] intentionally omitted <==

Date:

6th October 2009

The Manager Listings Department Australian Stock Exchange Limited

No. of Pages (incl.): 3

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 Challenger Financial Services Group.

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: Challenger Financial Services Group

ACN/ARSN:

106 842 371

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 2nd October 2009 The previous notice was given to the company on 10-Sep-2009 The previous notice was dated 08-Sep-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:

	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:	.e holder ceased to be a substantial holder on2nd October 2009e previous notice was given to the company on10-Sep-2009e previous notice was dated08-Sep-2009Changes in relevant interestsrticulars of each change in, or change in the nature of, relevant interests of the substantial holderan associate in voting securities of the company, since the substantial holder was last required toe a substantial holding notice to the company or scheme are as follows:
Da	te of change	Person whose relevant interestchanged	_Nature of change _	Consideration given in_relation to change _	Class and number ofsecurities affected	Person’s votesaffected
10	-Sep-2009 to 17-Sep-2009	AMP Capitial Investors Limited	Share acquisition	$1,522,229.83	Fully Paid Ordinary488,552	488,552
9-	Sep-2009 to 2-Oct-2009	AMP Capitial Investors Limited	Share disposal	-$3,103,218.24	Fully Paid Ordinary-944,888	-944,888
15	-Sep-2009 to 21-Sep-2009	AMP Life Limited	Share acquisition	$3,278,576.17	Fully Paid Ordinary1,076,839	1,076,839
14-Sep-2009 to 2-Oct-2009	-Se-2009 to 2-Oct-2009	AMP Life Limited	Share disosal	-$259783243	Fully Paid Ordinary-794528	-794528
			p	,,.	,	,
11-Sep-09		AMPCI Sustainable ExtendedAlpha Fund	Share acquisition	$59,632.49	Fully Paid Ordinary18,386	18,386
1-Oct-2009 to 2-Oct-2009		AMPCI Sustainable ExtendedAlpha Fund	Share disposal	-$438,506.73	Fully Paid Ordinary-134,746	-134,746
2-Oct-09					Fully Paid Ordinary
	Oct-09	ARIA Scheme	Share disposal	-$1,085,172.73	-333,734	-333,734
1-	Oct-2009 to 2-Oct-2009	Christian Superannuation Fund	Share disposal	-$288,058.28	Fully Paid Ordinary-88,393	-88,393
15	-Sep-2009 to 18-Sep-2009	Cogent Nominees PtyLimited	Share acquisition	$521,948.39	Fully Paid Ordinary167,190	167,190
14-Sep-2009 to 21-Sep-2009		Cogent Nominees PtyLimited	Share disposal	-$166,394.57	Fully Paid Ordinary-51,256	-51,256
15-Sep-2009 to 29-Sep-2009		Cogent Nominees Pty Limited	Share acquisition	$763,957.61	Fully Paid Ordinary245,789	245,789
21-Sep-2009 to 2-Oct-2009		Cogent Nominees Pty Limited	Share disposal	-$8,815,905.19	Fully Paid Ordinary-2,705,187	-2,705,187
15-Sep-09		Commonwealth Bank OfficersSuperannunation Corporation PtyLtd A/T for the Officers'Superannuation Fund.	Share acquisition	$53,912.24	Fully Paid Ordinary17,951	17,951
15-Sep-09		Government EmployeesSuperannuation Board	Share acquisition	$392,246.00	Fully Paid Ordinary130,605	130,605
1-Oct-2009 to 2-Oct-2009		Government EmployeesSuperannuation Board	Share disposal	-$604,760.55	Fully Paid Ordinary-185,556	-185,556
15-Sep-09		Queensland Local GovernmentSuperannuation Board	Share acquisition	$48,028.78	Fully Paid Ordinary15,992	15,992
15-Sep-09		StichtingPensioenfolds - ABP	Share acquisition	$419,170.75	Fully Paid Ordinary139,584	139,584
15-Sep-09		Stichting PensioenfoldsHoogovens	Share acquisition	$62,426.36	Fully Paid Ordinary20,788	20,788
21-Sep-2009 to 29-Sep-2009		Stichting PensioenfoldsHoogovens	Share disposal	-$249,518.17	Fully Paid Ordinary-73,790	-73,790

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:

No Changes

Name and ‘ACN Nature of association

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
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 notice of change of interests of substantial holder (ASIC Form 605) comprises 2 page/s in total.