Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

Brookfield Asset Management Inc. (TSX:BAM.A) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Class A Preferred Shares, Series 10 (TSX:BAM.PR.H) at the close on April 5, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Thursday, April 5, 2012.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.