BAM.PR.P To Be Redeemed

Brookfield Asset Management Inc. has announced:

that it intends to redeem all of its outstanding Class A Preferred Shares, Series 22 (TSX:BAM.PR.P) for cash on September 30, 2014. The redemption price for each Preferred Share, Series 22 will be C$25.00. Holders of Preferred Shares, Series 22 will separately receive all accrued and unpaid dividends outstanding on the redemption date.

No surprises here, since BAM.PR.P is a FixedReset, 7.00%+445, which commenced trading 2009-6-4 after having been announced May 27.

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