AMP LIMITED — Major Shareholding Notification 2010

Mar 25, 2010

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Date:

26th March, 2010

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 Straits Resources Limited.

The enclosed ASIC Form 605 discloses all required details.

Yours faithfully,

Glen Moran Head of Custody Operations 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

Notice of Ceasing to be a Substantial Holder

Form 605 Corporations Law Section 671B

To:

Straits Resources Limited

ACN/ARSN: 056 601 417

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 24th March, 2010 The previous notice was given to the company on 23-Nov-2010 The previous notice was dated 19-Nov-2010

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
1-Dec-2009 to 9-Mar-2010	AMP Capitial Investors Limited	Share acquisition	$189,222.00	Fully Paid Ordinary 145,348	145,348
3-Dec-2009 to 24-Mar-2010	AMP Capitial Investors Limited	Share disposal	-$4,643,414.82	Fully Paid Ordinary -2,578,939	-2,578,939
20-Nov-2009 to 24-Feb-2010	AMP Life Limited	Share acquisition	$1,421,084.32	Fully Paid Ordinary 878,878	878,878
18-Jan-2010 to 24-Mar-2010	AMP Life Limited	Share disposal	-$2,561,641.97	Fully Paid Ordinary -1,826,737	-1,826,737
24-Nov-2009 to 1-Dec-2009	Cogent Nominees PtyLimited	Share disposal	-$2,885,620.74	Fully Paid Ordinary -1,171,981	-1,171,981
1-Dec-09	Cogent Nominees PtyLimited	Share acquisition	$1,027,697.30	Fully Paid Ordinary 624,740	624,740
20-Nov-2009 to 7-Dec-2009	Cogent Nominees Pty Limited	Share acquisition	$287,872.34	Fully Paid Ordinary 176,449	176,449
20-Nov-2009 to 21-Dec-2009	Government Employees Superannuation Board	Share acquisition	$292,807.04	Fully Paid Ordinary 182,078	182,078
20-Nov-2009 to 7-Dec-2009	Queensland Local Government Superannuation Board	Share acquisition	$22,258.23	Fully Paid Ordinary 13,643	13,643
20-Nov-2009 to 7-Dec-2009	StichtingPensioenfolds - ABP	Share acquisition	$182,904.26	Fully Paid Ordinary 112,123	112,123
20-Nov-2009 to 7-Dec-2009	Stichting Pensioenfolds Hoogovens	Share acquisition	$22,860.78	Fully Paid Ordinary 14,014	14,014

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 Government Employee Superannuation Board PO Box J755, Perth WA 6842 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.