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Press release from Marketwire

Brookfield Completes CDN$200 Million Preferred Share Issue

Thursday, March 13, 2014

Brookfield Completes CDN$200 Million Preferred Share Issue

08:34 EDT Thursday, March 13, 2014

TORONTO, ONTARIO--(Marketwired - March 13, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES

Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) announced today the completion of its previously announced Class A Preference Shares, Series 38 ("Series 38 Preferred Shares") issue in the amount of C$200,000,000. The offering was underwritten by a syndicate led by TD Securities Inc., CIBC, RBC Capital Markets and Scotiabank.

Brookfield issued 8,000,000 Series 38 Preferred Shares at a price of C$25.00 per share, for total gross proceeds of C$200,000,000. Holders of the Series 38 Preferred Shares will be entitled to receive a cumulative quarterly fixed dividend yielding 4.40% annually for the initial period ending March 31, 2020. Thereafter, the dividend rate will be reset every five years at a rate equal to the 5-year Government of Canada bond yield plus 2.55%. The Series 38 Preferred Shares will commence trading on the Toronto Stock Exchange this morning under the ticker symbol BAM.PF.E.

The Series 38 Preferred Shares may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements under the U.S. Securities Act.

Brookfield Asset Management Inc. is a global alternative asset manager with over $175 billion in assets under management. The company has over a 100-year history of owning and operating assets with a focus on property, renewable energy, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York and Toronto Stock Exchanges under the symbols BAM and BAM.A, respectively, and on NYSE Euronext under the symbol BAMA. For more information, please visit our website at www.brookfield.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Media: Brookfield Asset Management Inc.
Andrew Willis
Communications and Media
(416) 369-8236
(416) 363-2856 (FAX)
andrew.willis@brookfield.com


Investors: Brookfield Asset Management Inc.
Amar Dhotar
Investor Relations
(416) 359-8629
(416) 363-2856 (FAX)
amar.dhotar@brookfield.com
www.brookfield.com

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