Ms. Angela Braly reports

BROOKFIELD ASSET MANAGEMENT ANNOUNCES ELECTION OF DIRECTORS

At Brookfield Asset Management Inc.'s annual meeting of shareholders held earlier today in Toronto, all eight nominees proposed for election to the board of directors by holders of Class A limited voting shares and all eight nominees proposed for election to the board of directors by the holder of Class B limited voting shares were elected. The nominees were proposed for election to the board in the company's management information circular dated March 24, 2015. Detailed results of the vote for the election of directors are set out herein.

Management received the proxies set out the attached table from holders of Class A shares in regard to the election of the eight directors nominated by this shareholder class.

                                                    Votes        
Director nominee            Votes for       %    withheld       %

Angela F. Braly           419,208,562   99.92     329,984    0.08
Marcel R. Coutu           417,493,114   99.51   2,045,432    0.49
Maureen Kempston Darkes   416,431,796   99.26   3,106,750    0.74
Lance Liebman             417,465,056   99.51   2,073,490    0.49
Frank J. McKenna          416,257,971   99.22   3,280,575    0.78
Youssef A. Nasr           418,503,012   99.75   1,035,534    0.25
Seek Ngee Huat            418,111,000   99.66   1,427,546    0.34
George S. Taylor          411,396,329   98.06   8,142,217    1.94

Management received a proxy from the holder of Class B shares to vote all 85,120 Class B shares for each of the eight directors nominated for election by this shareholder class, namely Jeffrey M. Blidner, Jack L. Cockwell, J. Bruce Flatt, Robert J. Harding, David W. Kerr, Philip B. Lind, Lord O'Donnell and Diana L. Taylor.