AMP LIMITED — Major Shareholding Notification 2010

May 12, 2010

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Date: 12th May 2010

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 Commonwealth Property Office Fund.

The enclosed ASIC Form 605 discloses all required details.

Yours faithfully,

Raja Burman Head of Corporate Actions BNP Paribas Securities Services Phone: 02 9222 0138

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: Commonwealth Property Office Fund ACN/ARSN: 086 029 736

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 10th May 2010 The previous notice was given to the company on 18-Dec-2009 The previous notice was dated 16-Dec-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:

Commonwealth Property Office Fund - Fully Paid Ordinary Shares - CPA

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
21-Dec-2009 to 10-May-2010	AMP Capitial Investors Limited	Share acquisition	$26,566,706.51	Fully Paid Ordinary 28,222,468	28,222,468
18-Dec-2009 to 10-May-2010	AMP Capitial Investors Limited	Share disposal	-$20,331,380.02	Fully Paid Ordinary -21,753,727	-21,753,727
22-Dec-2009 to 14-Apr-2010	AMP Henderson Global Investors(NZ)Limited	Share acquisition	$1,283,515.07	Fully Paid Ordinary 1,360,835	1,360,835
25-Mar-2010 to 7-May-2010	AMP Henderson Global Investors(NZ)Limited	Share disposal	-$583,404.85	Fully Paid Ordinary -629,082	-629,082
22-Dec-2009 to 7-Apr-2010	AMP Life Limited	Share acquisition	$2,297,299.31	Fully Paid Ordinary 2,446,427	2,446,427
21-Jan-2010 to 10-May-2010	AMP Life Limited	Share disposal	-$12,667,989.76	Fully Paid Ordinary -13,680,682	-13,680,682
30-Dec-09	AMPCI Sustainable Extended Alpha Fund	Share disposal	-$320,250.00	Fully Paid Ordinary -350,000	-350,000
21-Dec-09	Government Employees Superannuation Board	Share acquisition	$46,260.83	Fully Paid Ordinary 50,000	50,000

CPA - Conversion - Commonwealth Property Office Fund - Fully Paid Ordinary Shares

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
30-Dec-09	AMP Capitial Investors Limited	Share acquisition	$6,250,418.72	Fully Paid Ordinary 6,868,592	6,868,592
30-Dec-2009 to 7-Jan-2010	AMP Capitial Investors Limited	Share acquisition	$509,481.70	Fully Paid Ordinary 559,870	559,870
30-Dec-09	AMP Henderson Global Investors(NZ)Limited	Share acquisition	$205,975.77	Fully Paid Ordinary 226,347	226,347
30-Dec-09	AMP Life Limited	Share acquisition	$5,700,632.21	Fully Paid Ordinary 6,264,431	6,264,431
30-Dec-09	Cogent Nominees PtyLimited	Share acquisition	$384,684.30	Fully Paid Ordinary 422,730	422,730
30-Dec-09	Cogent Nominees Pty Limited	Share acquisition	$458,348.80	Fully Paid Ordinary 503,680	503,680
30-Dec-09	Government Employees Superannuation Board	Share acquisition	$532,013.30	Fully Paid Ordinary 584,630	584,630
30-Dec-09	Queensland Local Government Superannuation Board	Share acquisition	$68,204.50	Fully Paid Ordinary 74,950	74,950
30-Dec-09	Stichting Pensioenfolds - ABP	Share acquisition	$327,390.70	Fully Paid Ordinary 359,770	359,770

CPAN - Conversion - Commonwealth Property Office Fund - New Fully Paid Ordinary Shares

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
30-Dec-09	AMP Capitial Investors Limited	Share disposal	-$6,250,418.72	New Fully Paid Ordinary -6,868,592	-6,868,592
30-Dec-2009 to 7-Jan-2010	AMP Capitial Investors Limited	Share disposal	-$509,481.70	New Fully Paid Ordinary -559,870	-559,870
30-Dec-09	AMP Henderson Global Investors(NZ)Limited	Share disposal	-$205,975.77	New Fully Paid Ordinary -226,347	-226,347
30-Dec-09	AMP Life Limited	Share disposal	-$5,700,632.21	New Fully Paid Ordinary -6,264,431	-6,264,431
30-Dec-09	Cogent Nominees PtyLimited	Share disposal	-$384,684.30	New Fully Paid Ordinary -422,730	-422,730
30-Dec-09	Cogent Nominees Pty Limited	Share disposal	-$458,348.80	New Fully Paid Ordinary -503,680	-503,680
30-Dec-09	Government Employees Superannuation Board	Share disposal	-$532,013.30	New Fully Paid Ordinary -584,630	-584,630
30-Dec-09	Queensland Local Government Superannuation Board	Share disposal	-$68,204.50	New Fully Paid Ordinary -74,950	-74,950
30-Dec-09	Stichting Pensioenfolds - ABP	Share disposal	-$327,390.70	New Fully Paid Ordinary -359,770	-359,770

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
AMP Capital Investors (NZ) Limited	City Tower, 95 Custom House Quay, Wellington, N.Z.
Cogent Nominees Pty Limited	Level 6, 60 Castlereagh Street, Sydney NSW 2000
Government Employee Superannuation Board	PO Box J755, Perth WA 6842
Henderson Global Investors Limited	3 Finsbury Avenue, London EC2M 2PA, United Kingdom
QLD Local Government Superannuation Board	Of GPO Box 264, Brisbane QLD 4001
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.