TORONTO, ONTARIO, Mar 12 (MARKET WIRE) --
Brookfield Asset Management Inc. (TSX: BAM)(NYSE: BAM) announced today
that it expects that its Class A Limited Voting Shares (the "Shares")
will be listed and admitted to trading on Euronext Amsterdam by NYSE
Euronext ("Euronext Amsterdam") on Tuesday, March 18, 2008 at 9:00 a.m.
Central European Time (CET).
The Shares will be traded in EURO under the trading symbol BAMA. The ISIN
of the Shares is CA1125851040 and their Security Code (fondscode) is
623752. The reference opening price of the Shares on Euronext Amsterdam
on this date will be based on the closing price of the Shares on the
Toronto Stock Exchange ("TSX") on March 17, 2008.
The Shares have been listed on the TSX since 1997 and on the New York
Stock Exchange ("NYSE") since 2000. Brookfield decided to apply for a
listing for its Shares on Euronext Amsterdam following the amalgamation
of NYSE with Euronext Amsterdam in 2007. As Brookfield continues to seek
expansion of its operations globally, it believes that this listing will
help enhance Brookfield's market access to European and other
international investors.
A Prospectus providing information on the Shares and Brookfield has been
filed with the Netherlands Authority for the Financial Markets and is
expected to be approved on or about March 14, 2008. Once approved, an
electronic copy of this Prospectus, in the English language only, will be
available on the company's web site (www.brookfield.com) and on the web
site of Euronext Amsterdam (www.euronext.com). Upon request, a printed
copy of the Prospectus can be obtained free of charge from SNS Securities
N.V. (Tel: +31 20 550 8513, email: prospectus@snssecurities.nl) or from
the company (inquiries@brookfield.com).
Brookfield Asset Management Inc. is focussed on property, power and
infrastructure assets and has approximately $95 billion of assets under
management. The company's Shares are currently listed on the New York and
Toronto stock exchanges under the symbols BAM and BAM.A, respectively.
For more information, please visit Brookfield's web site at
www.brookfield.com.
Note: This press release contains forward-looking information within the
meaning of Canadian provincial securities laws and other "forward-looking
statements", within the meaning of Section 27A of the U.S. Securities Act
of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of
1934, as amended, "safe harbour" provisions of the United States Private
Securities Litigation Reform Act of 1995 and in any applicable Canadian
securities regulations. The words "will", "seek", "believes" and other
expressions which are predictions of or indicate future events, trends or
prospects and which do not relate to historical matters identify
forward-looking statements. Although Brookfield believes that the
anticipated listing and related actions are based upon reasonable
assumptions and expectations, the reader should not place undue reliance
on forward-looking statements and information in this press release
because they involve known and unknown risks, uncertainties and other
factors which may cause actual results to differ materially from
anticipated future results expressed or implied by such forward-looking
statements and information. Prior to investing in the Shares or other
securities of Brookfield, investors are urged to review the risks and
factors detailed from time to time in Brookfield's form 40-F filed with
the Securities and Exchange Commission as well as other documents filed
by Brookfield with the securities regulators in Canada and the United
States including Brookfield's Annual Information Form under the heading
"Business Environment and Risks". Except as may be required by law,
Brookfield undertakes no obligation to publicly update or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise.
Contacts:
Brookfield Asset Management
Denis Couture, SVP
Investor Relations and Corporate and International Affairs
(416) 956-5189
(416) 363-2856 (FAX)
Email: dcouture@brookfield.com
Website: www.brookfield.com
Copyright 2008, Market Wire, All rights reserved.
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