AMP LIMITED — Director's Dealing 2007

Sep 2, 2007

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3 September 2007

Manager Company Announcements Office Australian Stock Exchange Level 4, 20 Bridge Street Sydney NSW 2000

Manager Market Information Services Section New Zealand Stock Exchange Level 2, NZX Centre, 11 Cable Street Wellington New Zealand

Announcement No: 40/07

Appendix 3Y – Change of Director’s Interest Notice

AMP Limited Level 24, 33 Alfred Street Sydney NSW 2000 Australia ABN 49 079 354 519

AMP Limited (AMP) ASX Announcement

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of Entity: AMP LIMITED

ABN: 49 079 354 519

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Max MOHL
Date of last notice	25 May 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct & indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	•Mohl Invest Pty Ltd ATF Mohl Super Fund; and•Mohl Invest Pty Ltd ATF Mohl Family Trust.(see Nature of Change below)
Date of change	•27 August to 30 August 2007
No. of securities held prior tochange	•248,278 Ordinary Shares held in the name of theDirector;•48,901 Ordinary Shares held in the name of theDirector under the AMP Executive Short TermIncentive Program;•239,076 Ordinary Shares held in the name of MohlInvest Pty Ltd ATF Mohl Super Fund;•587,100 Ordinary Shares held in the name of MohlInvest Pty Ltd ATF Mohl Family Trust; and•100,000 Options held in the name of the Directorunder the AMP Executive Option Plan.
Class	Ordinary
Number acquired	535,337 ordinary shares
Number disposed	N/A

• See chapter 19 for defined terms. 11/03/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	•340,337 Ordinary Shares purchased on 27 August2007 at $10.2791 per share; and•195,000 Ordinary Shares purchased on 29 August2007 at $10.199 per share.	•340,337 Ordinary Shares purchased on 27 August2007 at $10.2791 per share; and•195,000 Ordinary Shares purchased on 29 August2007 at $10.199 per share.
	No.ofsecuritiesheldafterchange			•248,278 Ordinary Shares held in the name of theDirector;•326,632 Ordinary Shares held in the name of MohlInvest Pty Ltd ATF Mohl Super Fund;•1,083,782 Ordinary Shares held in the name of MohlInvest Pty Ltd ATF Mohl Family Trust; and•100,000 Options held in the name of the Directorunder the AMP Executive Option Plan.
	Nature of c	hange		•26928 and 21973 ord	inary shares were released
	Example: on-exercise of opdividend reinveback	market trade, off-market tradetions, issue of securities unde	,r	, ,from the AMP Executivrespect of the Director’	e Share Ownership Plan ins holding under the AMP
		stment plan, participation in buy	-	Executive STI ProgramAugust 2007 respectiv	on 27 August 2007 and 28ely. These shares were
				subsequently transferrMohl Family Trust on 3•340,337 ordinary shareAugust 2007 under thethe Director’s exercisegranted on 6 Septembsubsequently transferr30 August 2007:�252,781 ordinary sInvest Pty Ltd ATF�87,556 ordinary sh	ed to Mohl Invest Pty Ltd AT0 August 2007.s acquired on market on 27Director’s name as a resultof his performance rightser 2004. These shares wered to the following accountshares transferred to MohlMohl Family Trust; andares transferred to Mohl In

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	See below
Name of registered holder	N/A
(if issued securities)
Date of change	27 August 2007

• See chapter 19 for defined terms. 11/03/2002

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	•474,331 performance rights granted on 8 September2006. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 August2006 to 31 July 2009.•340,337 performance rights granted effective 6September 2004. These rights are subject to asingle TSR based performance hurdle measuredover a performance period of three years from 1August 2004 to 31 July 2007.•372,129 performance rights granted on 1 September2005. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 August2005 to 31 July 2008.•553,940 performance rights granted on 9 March2007. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 January2007 to 31 December 2009.
Interest acquired	N/A
Interest disposed	340,337 performance rights granted on 6 September2004 as a result of the vesting of these rights intoqualifying performance rights.
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	•474,331 performance rights granted on 8 September2006. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 August2006 to 31 July 2009.•372,129 performance rights granted on 1 September2005. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 August2005 to 31 July 2008.•553,940 performance rights granted on 9 March2007. These rights are subject to a single TSRbased performance hurdle measured over aperformance period of three years from 1 January2007 to 31 December 2009.

• See chapter 19 for defined terms. 11/03/2002

Appendix 3Y Page 3