Mr. Andrew Willis reports

BROOKFIELD ASSET MANAGEMENT ANNOUNCES PROPOSED OFFERING OF US$350 MILLION NOTES

Brookfield Asset Management Inc. is commencing a public offering, subject to market and other conditions, of $350-million (U.S.) of notes due 2025. Brookfield intends to use the net proceeds of the offering for general corporate purposes.

Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering.

The notes will be offered under Brookfield's existing base shelf prospectus filed in the United States and Canada. Brookfield has filed a preliminary prospectus supplement relating to the offering of the notes. You may obtain these documents for free on EDGAR or on SEDAR.

We seek Safe Harbor.