Brookfield Asset Management Inc
SymbolBAM.A
Shares Issued572,042,872
Close 2009-11-05C$ 23.20
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Brookfield Asset earns $112-million (U.S.) in Q3 2009

2009-11-06 12:40 ET - News Release

Ms. Katherine Vyse reports

BROOKFIELD ASSET MANAGEMENT ANNOUNCES 2009 THIRD QUARTER RESULTS

Brookfield Asset Management Inc. has provided its results for the third quarter ended Sept. 30, 2009.

Investors, analysts and other interested parties can access Brookfield Asset Management's third-quarter 2009 results as well as the shareholders' letter and supplemental information on Brookfield's website.

The third-quarter 2009 results conference call can be accessed by webcast on Nov. 6, 2009, at 11 a.m. ET on the company's website or by teleconference at 1-800-319-4610 toll-free in North America. For overseas calls please dial 1-604-638-5340 at approximately 10:50 a.m. ET. The teleconference taped rebroadcast can be accessed at 1-800-319-6413 or 604-638-9010 (using the passcode 2811).

                           FINANCIAL HIGHLIGHTS
            (in millions of U.S. dollars except per share amounts)

                                        Three months ended  Nine months ended
                                            Sept. 30,           Sept. 30,
                                           2009     2008      2009     2008

Cash flow from operations                 $ 520    $ 355   $ 1,069  $ 1,176
per share                                  0.88     0.58      1.80     1.92
Net income                                $ 112    $ 171   $   352  $   478
per share                                  0.17     0.27      0.56     0.75

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