Ms. Claire Holland reports

BROOKFIELD ASSET MANAGEMENT ANNOUNCES PRICING OF US$750 MILLION NOTE OFFERING

Brookfield Asset Management Inc. today priced its previously announced public offering of notes due 2024. The size of the offering was increased from $500-million (U.S.) to $750-million (U.S.). The notes will have a coupon of 4.000 per cent and will be issued at a price equal to 99.742 per cent of their face value for an effective yield of 4.042 per cent. The notes will be issued by a subsidiary of Brookfield, Brookfield Finance LLC, and be fully and unconditionally guaranteed by Brookfield. The net proceeds of the offering will be used for general corporate purposes. The offering is expected to close on or about March 10, 2017.

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. The offering will be made only by means of a 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 (please see table):

                     COPIES AVAILABLE FROM:

Citigroup Global Markets Inc.       Deutsche Bank Securities Inc.
c/o Broadridge Financial Solutions  60 Wall St.               
1155 Long Island Ave.               New York, N.Y., 10005-2836
Edgewood, N.Y., 11717               Telephone: 1-800-503-4611    
Telephone: 1-800-831-9146           E-mail: prospectus.CPDG@db.com
E-mail: prospectus@citi.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.

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