Ms. Claire Holland reports

BROOKFIELD ASSET MANAGEMENT ANNOUNCES PROPOSED OFFERING OF NOTES

Brookfield Asset Management Inc. is commencing a public offering, subject to market and other conditions, of $500-million (U.S.) of notes due 2024. The notes will be issued by a subsidiary of Brookfield, Brookfield Finance LLC, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds of the offering will be used for general corporate purposes.

Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering.

The notes will be offered under Brookfield Finance LLC's existing base shelf prospectus filed in the United States and Canada. In the United States, the notes are being offered pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission on Feb. 24, 2017. Brookfield Finance LLC 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. Before you invest, you should read these documents and other public filings by Brookfield for more complete information about Brookfield and this offering.

Alternatively, copies can be obtained from Citigroup Global Markets Inc. in the care of Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, New York, 11717, telephone -- 1-800-831-9146 and e-mail -- prospectus@citi.com, or Deutsche Bank Securities Inc., 60 Wall St., New York, N.Y., 10005-2836, telephone -- 1-800-503-4611 and e-mail -- prospectus.CPDG@db.com.

About Brookfield Asset Management Inc.

Brookfield Asset Management is a global alternative asset manager with approximately $250-billion (U.S.) in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity.

We seek Safe Harbor.