Brookfield Asset Management 2008 Year End Conference Call & Webcast Notice

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

                                      - NOTICE -
                                2008 YEAR END RESULTS

                CONFERENCE CALL AND WEBCAST FOR INVESTORS AND ANALYSTS

                           2008 Year End Conference Call
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                          Date: Friday, February 13, 2009

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

You are invited to participate in Brookfield Asset Management's 2008 Year End Conference Call & Webcast on Friday, February 13, 2009 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 February 13th at approximately 8:00 a.m. and will be available following the release on our website 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/bam090113.html. For those unable to participate in the Conference Call, the webcast will be archived and available until midnight March 13, 2009. 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 $90 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.

Contacts: If you have any questions about the Conference Call, please contact: Brookfield Asset Management Inc. Linda Northwood, Director, Investor Relations [phone] Email: [e-mail] Website: www.brookfield.com