Mr. Andrew Willis reports

BROOKFIELD TO ISSUE C$350 MILLION OF MEDIUM TERM NOTES

Brookfield Asset Management Inc. has agreed to issue $350-million aggregate principal amount of a reopening of its 4.82-per-cent medium-term notes due 2026.

The terms of the additional notes, other than the issue date and the price to the public, will be identical to the terms of the $500-million principal amount of 4.82-per-cent medium-term notes due 2026, which were issued by Brookfield on Jan. 28, 2014. The additional notes will be issued at a price of $105.89 plus accrued interest, with an effective yield of 4.103 per cent if held to maturity. An aggregate principal amount of $850-million of 4.82-per-cent medium-term notes due 2026 will be outstanding after giving effect to this offering.

The notes have been assigned a credit rating of Baa2 (stable) by Moody's, A minus (stable) by Standard & Poor's, BBB minus (stable) by Fitch and A (low) (stable) by DBRS.

The company intends to use the net proceeds of the offering for general corporate purposes.

The notes are being offered through a syndicate of agents led by CIBC World Markets Inc. and RBC Dominion Securities Inc.

We seek Safe Harbor.