AMP LIMITED — Major Shareholding Notification 2009

Feb 10, 2009

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Date: 11th February 2009

The Manager Listings Department Australian Stock Exchange Limited

No. of Pages (incl.): 2

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

Dear Sir/Madam,

Pursuant to Section 671B of the Corporations Law, AMP Limited hereby advises of a change in its relevant interest in Australand Assets Trust.

The enclosed ASIC Form 604 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

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----- Start of picture text ----- Form 604Corporations LawSection 671BNotice of Change of Interests of Substantial Holder----- End of picture text -----

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----- Start of picture text ----- To: Australand Assets TrustACN/ARSN: 115 338 5131. Details of substantial holderName: AMP Limited ACN 079 354 519 and its related bodies corporate.There was a change in the interests of the substantial holder on 9th February 2009The previous notice was given to the company on 10-Sep-2008The previous notice was dated 08-Sep-20082. Previous and present voting powerThe total number of votes attached to all the voting shares in the company or voting interests in thescheme that the substantial holder or an associate had a relevant interest in when last required,and when now required, to give a substantial holding notice to the company or scheme, are as follows:Previous notice Present noticeClass of securities Person’s votes Voting power Person’s votes Voting powerFully Paid Australand Subordin 258,923 9.42% 222,926 8.11%3. Changes in relevant interestsParticulars of each change in, or change in the nature of, relevant interests of the substantial holderor an associate in voting securities of the company since the substantial holder was last required togive a substantial holding notice to the company or scheme are as follows:Person whose relevant interest Consideration given in Person’s votesDate of change changed Nature of change relation to change Class and number of shares affected affectedFully Paid Australand Subordinated Set-Cogent Nominees Pty Limited up Exchangable Trust Securities (Assets)23-Jan-2009 to 9-Feb-2009 Share disposal -$1,195,980.72 -35,997 -35,997----- End of picture text -----

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to beregistered as holder	Nature of relevant interest	Class and number of securities	Person’s votesaffected
AMP Capital Investors Limited('AMP Capital')	Cogent Nominees Pty Limited	Cogent Nominees PtyLimited <SMPAccounts>	AMP Capital, in itscapacity as the investmentmanager for the persons ortrusts listed besides itsname, has the power tocontrol voting and/or thedisposal of securities. AMPCapital is a controlled bodycorporate of AMP Limitedwithin the meaning ofSection 608(3) of theCorporations Law	Fully Paid Australand Subordinated Set-up Exchangable Trust Securities(Assets): 73,376	73,376
	JP Morgan Nominees AustraliaLimited	Alternative FixedIncome Fund -Investing Trust No.1		Fully Paid Australand Subordinated Set-up Exchangable Trust Securities(Assets): 149,550	149,550
				Total:222,926

5. 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 shareholder in relation to voting interests In the company or scheme are as follows:

Name and ACN Nature of association No Changes

6. Addresses

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

Name Address AMP Capital Investors Limited Level 22, 33 Alfred Street, Sydney NSW 2000 Cogent Nominees Pty Limited Level 6, 60 Castlereagh Street, Sydney NSW 2000 JP Morgan Nominees Australia Limited 259 George Street, Sydney NSW 2000

This notice of change of interests of substantial holder (ASIC Form 604) comprises 1 page/s in total.