AMP LIMITED — Major Shareholding Notification 2008

Jan 24, 2008

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Date:

25th January 2008

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 Transfield Services Limited.

The enclosed ASIC Form 605 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

Form 605 Corporations Law Section 671B Notice of Ceasing to be a Substantial Holder

To: Transfield Services Limited ACN/ARSN: 000 484 417

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 23rd January 2008 The previous notice was given to the company on 10-Jan-2008 The previous notice was dated 08-Jan-2008

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
21-Jan-08	AMP Capitial Investors Limited	Share acquisition	$14,468.28	Fully Paid Ordinary 1,174	1,174
18-Jan-08	AMP Capitial Investors Limited	Share disposal	-$27,121.97	Fully Paid Ordinary -2,200	-2,200
9-Jan-2008 to 14-Jan-2008	AMP Life Limited	Share acquisition	$1,730,233.54	Fully Paid Ordinary 129,617	129,617
17-Jan-2008 to 23-Jan-2008	AMP Life Limited	Share disposal	-$1,703,851.34	Fully Paid Ordinary -142,900	-142,900
17-Jan-2008 to 23-Jan-2008	Cogent Nominees PtyLimited	Share disposal	-$317,657.33	Fully Paid Ordinary -26,359	-26,359
9-Jan-2008 to 14-Jan-2008	Cogent Nominees Pty Limited	Share acquisition	$307,619.89	Fully Paid Ordinary 23,300	23,300
15-Jan-2008 to 23-Jan-2008	Cogent Nominees Pty Limited	Share disposal	-$1,138,098.78	Fully Paid Ordinary -91,009	-91,009
9-Jan-2008 to 14-Jan-2008	Commonwealth Bank Officers Superannunation Corporation Pty Ltd A/T for the Officers' Superannuation Fund.	Share acquisition	$80,026.27	Fully Paid Ordinary 5,995	5,995
22-Jan-08	Equipsuper	Share disposal	-$654.17	Fully Paid Ordinary -57	-57
9-Jan-2008 to 14-Jan-2008	Government Employees Superannuation Board	Share acquisition	$549,212.90	Fully Paid Ordinary 41,182	41,182
9-Jan-2008 to 14-Jan-2008	Queensland Local Government Superannuation Board	Share acquisition	$73,979.12	Fully Paid Ordinary 5,542	5,542
17-Jan-2008 to 23-Jan-2008	State Authority Superannuation Scheme	Share disposal	-$539,657.15	Fully Paid Ordinary -44,694	-44,694
9-Jan-2008 to 14-Jan-2008	StichtingPensioenfolds - ABP	Share acquisition	$176,821.16	Fully Paid Ordinary 13,249	13,249
9-Jan-2008 to 14-Jan-2008	Stichting Pensioenfolds Hoogovens	Share acquisition	$113,627.85	Fully Paid Ordinary 8,514	8,514
17-Jan-2008 to 23-Jan-2008	UniSuper Limited	Share disposal	-$273,947.77	Fully Paid Ordinary -22,689	-22,689

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 Commonwealth Bank Officers Superannuation Corporation Pty Ltd 9th Floor, 48 Martin Place, Sydney NSW 2000

Equipsuper 171 Flinders Street, Melbourne VIC 3000 Government Employee Superannuation Board PO Box J755, Perth WA 6842 QLD Local Government Superannuation Board Of GPO Box 264, Brisbane QLD 4001 State Authority Superannuation Scheme Level 14, 83 Clarence Street, Sydney NSW 2000 Stichting Pensioenfonds Hoogovens PO Box 10,000, 1970 CA IJmuiden, The Netherlands UniSuper Limited Level 28, 367 Collins Street, Melbourne VIC 3000

This notice of change of interests of substantial holder (ASIC Form 605) comprises 1 page/s in total.