AMP LIMITED — Major Shareholding Notification 2009

Jul 22, 2009

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Date: 23-Jul-09

The Manager Listings Department Australian Stock Exchange Limited No. of Pages (incl.): 3

NOTICE OF INITIAL SUBSTANTIAL HOLDER

Dear Sir/Madam,

Pursuant to Section 671B of the Corporations Law, AMP Limited discloses a substantial holding in Tassal Group Limited.

The enclosed ASIC Form 603 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 603 Corporations Law Section 671B Notice of Initial Substantial Holder

To: Tassal Group Limited

ACN/ARSN: 15 106 067 270

1. Details of substantial holder

Name:

The holder became a substantial holder on

AMP Limited (ACN 079 354 519) and its related bodies corporate.

21-Jul-2009

2. Details of 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 had a relevant interest on the date the substantial holder became a substantial holder are as follows:

Class of securities Number of Securities Persons’ votes Voting power Fully Paid Ordinary Shares 7,081,510 7,081,510 5.18%

3. Details of relevant interests

The nature of relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interests	Class and number of securities	Person's votes affected
AMP Life Limited ("AMP Life")	AMP Life is entitled to be the registered holder of the class and number of securities listed beside its name. AMP Life is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary Shares: 2,742,182	2,742,182
AMP Capital Investors Limited ('AMP Capital')	AMP Capital, in its capacity as the investment manager for the persons or trusts listed besides its name in Paragraph 4, has the power to control voting and/or the disposal of securities. AMP Capital is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary Shares: 1,559,786	1,559,786
AMP Capital Investors Limited as Responsible Entity of the Future Directions Australian Smaller Companies Fund	AMP Capital Investors Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3) ofthe CorporationsLaw	Fully Paid Ordinary Shares: 605,367	605,367
AMP Capital Investors Limited as Future Directions Australian Share Fund	AMP Capital Investors Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary Shares: 1,062,282	1,062,282
AMP Capital Investors Limited as Future Directions Australian Small Companies Fund	AMP Capital Investors Limited is a controlled body corporate of AMP Limited within the meaning of Section 608(3) of the Corporations Law	Fully Paid Ordinary Shares: 1,111,893	1,111,893
Total: 7,081,510

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class and number of securities	Person’s votes affected
AMP Life Limited	AMP Life Limited	AMP Life Limited	Fully Paid Ordinary Shares: 2,742,182	2,742,182
AMP Capital Investors Limited	Cogent Nominees Pty Limited	Cogent Nominees Pty Limited	Fully Paid Ordinary Shares: 982,654	982,654
	Citicorp Nominees Pty Limited	Stichting Pensionfonds Hoogovens	Fully Paid Ordinary Shares: 15,685	15,685
	Goldman Sachs	AMP Capital Investors Australian Equity Long ShortFund	Fully Paid Ordinary Shares: 24,558	24,558
	JP Morgan Nominees AustraliaLimited	Stichting Pensionfonds ABP	Fully Paid Ordinary Shares: 100,075	100,075
	JP Morgan Nominees AustraliaLimited	QLD Local Government Superannuation Board	Fully Paid Ordinary Shares: 12,368	12,368
	JP Morgan Nominees AustraliaLimited	ARIA scheme	Fully Paid Ordinary Shares: 67,359	67,359
	National Nominees Pty Limited	Government Employees Superannuation Board	Fully Paid Ordinary Shares: 99,041	99,041
	National Nominees Pty Limited	Christian Superannuation Fund	Fully Paid Ordinary Shares: 14,470	14,470

	National Nominees Pty Limited	Commonwealth Bank Officers Superannunation Corporation Pty Ltd as trustee for the Officers' Superannuation Fund	Fully Paid Ordinary Shares: 207,578	207,578
	National Nominees Pty Limited	Government Employees Superannuation Board of WA -SustainableFund	Fully Paid Ordinary Shares: 35,998	35,998
AMP Capital Investors Limited as Responsible Entity of the Future Directions Australian Smaller Companies Fund	Cogent Nominees Pty Limited	AMP Capital Investors Limited	Fully Paid Ordinary Shares: 605,367	605,367
AMP Capital Investors Limited as Future Directions AustralianShareFund	Cogent Nominees Pty Limited	AMP Capital Investors Limited	Fully Paid Ordinary Shares: 1,062,282	1,062,282
AMP Capital Investors Limited as Future Directions AustralianSmallCompaniesFund	Cogent Nominees Pty Limited	AMP Capital Investors Limited	Fully Paid Ordinary Shares: 1,111,893	1,111,893
	Total: 7,081,510

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration	Class and number of securities
AMP Capitial Investors Limited	1-Apr-2009 to 24-Jun-2009	$610,698.90	Fully Paid Ordinary Shares 330,363
AMP Life Limited	6-Mar-2009 to 21-Jul-2009	$2,054,766.99	Fully Paid Ordinary Shares 977,296
ARIA Scheme	6-Mar-09	$2,629.80	Fully Paid Ordinary Shares 1,614
Christian Superannuation Fund	6-Mar-09	$564.96	Fully Paid Ordinary Shares 346
Cogent Nominees PtyLimited	6-Mar-2009 to 21-Jul-2009	$284,594.47	Fully Paid Ordinary Shares 157,112
Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	6-Mar-2009 to 21-Jul-2009	$34,223.32	Fully Paid Ordinary Shares 18,824
Government Employees Superannuation Board	6-Mar-2009 to 21-Jul-2009	$183,906.59	Fully Paid Ordinary Shares 99,903
Queensland Local Government Superannuation Board	22-Jun-2009 to 21-Jul-2009	$22,786.41	Fully Paid Ordinary Shares 12,368
StichtingPensioenfolds - ABP	22-Jun-2009 to 21-Jul-2009	$182,711.92	Fully Paid Ordinary Shares 100,075
StichtingPensioenfolds Hoogovens	22-Jun-2009 to 21-Jul-2009	$28,892.80	Fully Paid Ordinary Shares 15,685

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

6. Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:	6. Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
Name and ACN(if applicable) Nature of association
AMP LifeLimited (ACN079 300 379)	Related bodies corporate of AMP Limited under Part1.2ofthe CorporationsLaw.
AMPCapital InvestorsLimited (ACN001 777591)	Related bodies corporate of AMP Limited under Part1.2ofthe CorporationsLaw.

7. 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 Goldman Sachs Asia LLC 68th Floor, 2 Queens Road, Central Hong Kong Government Employee Superannuation Board PO Box J755, Perth WA 6842 JP Morgan Nominees Australia Limited 259 George Street, Sydney NSW 2000 National Custodian Services Limited 271 Collins Street, Melbourne VIC 3000 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 Initial Substantial Holder Notice (ASIC Form 603) comprises 2 page/s in total.