Brookfield Asset Management Q3 2008 Results Conference Call & Webcast

Brookfield Asset Management Inc. (TSX: BAM)(NYSE: BAM)(AEX: BAMA) -

                              - NOTICE -
                      2008 THIRD QUARTER RESULTS
          CONFERENCE CALL AND WEBCAST FOR INVESTORS AND ANALYSTS

                   2008 Third Quarter Conference Call
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                    Date:   Friday, November 7, 2008


                    Time:   11:00 a.m. (Eastern Time)

You are invited to participate in Brookfield Asset Management's 2008 Third Quarter Conference Call & Webcast on Friday, November 7, 2008 at 11:00 a.m. (ET) to discuss with members of senior management our results and current business initiatives.

These results will be released on November 7th at approximately 8:00 a.m. and will be available following the release on our web site at www.brookfield.com under "Press Releases".

To participate in the Conference Call, please dial 1-800-319-4610 toll free in North America, or for overseas calls please dial 604-638-5340 at approximately 10:50 a.m. The Conference Call will also be Webcast live at http://services.choruscall.com/links/bam081107.html. For those unable to participate in the Conference Call, the webcast will be archived and available until midnight September 8, 2008. To access this rebroadcast, please call 1-800-319-6413 or 604-638-9010 (password: 2811).

Brookfield Asset Management Inc. is focused on property, power and infrastructure assets and has approximately $95 billion of assets under management. The company's shares are listed on the New York and Toronto stock exchanges under the symbols BAM and BAM.A, respectively, and on Euronext under the symbol BAMA. For more information, please visit Brookfield's web site at www.brookfield.com.