BAM.A Brookfield Asset Management Inc

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) today
advised that, in connection with its recently-announced public offering of
6,000,000 4.90% perpetual Class A Preference Shares, Series 37 (the "Preferred
Shares"), the underwriters have exercised their option (the "Underwriters'
Option") to purchase an additional 2,000,000 Preferred Shares at a price of
C$25.00 per share. Brookfield will receive additional gross proceeds of
C$50,000,000 from the exercise of the Underwriters' Option, increasing the total
size of the offering to C$200,000,000. Closing of the Underwriters' Option is
expected to occur concurrent with the closing of the public offering on or about
June 13, 2013. Subject to fulfilling the listing requirements of the Toronto
Stock Exchange, the Preferred Shares will begin trading on the TSX under the
symbol "BAM.PF.D" upon closing of the offering.


The 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 power,
infrastructure and private equity. It has a range of public and private
investment products and services, which leverage its expertise and experience
and provide Brookfield with a competitive advantage in the markets where it
operates. Brookfield is co-listed on the New York and Toronto stock exchanges
under the symbol BAM and BAM.A, respectively, and on NYSE Euronext under the
symbol BAMA. For more information, please visit our website at
www.brookfield.com.


Forward-Looking Statements

Note: This news release contains forward-looking information within the meaning
of Canadian provincial securities laws and "forward-looking statements" within
the meaning of Section 27A of the U.S. Securities Act of 1933, as amended,
Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe
harbor" provisions of the United States Private Securities Litigation Reform Act
of 1995 and in any applicable Canadian securities regulations. The words "will"
and "expected" and derivations thereof and other expressions that are
predictions of or indicate future events, trends or prospects and which do not
relate to historical matters identify forward-looking statements.
Forward-looking statements in this news release include statements in regards to
the exercise of the Underwriters' Option. Although Brookfield Asset Management
believes that such forward-looking statements and information are based upon
reasonable assumptions and expectations, the reader should not place undue
reliance on forward-looking statements and information as such statements and
information involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company
to differ materially from anticipated future results, performance or achievement
expressed or implied by such forward-looking statements and information.


Factors that could cause actual results to differ materially from those
contemplated or implied by forward-looking statements include: economic and
financial conditions in the countries in which we do business; the behaviour of
financial markets, including fluctuations in interest and exchange rates;
availability of equity and debt financing; and other risks and factors detailed
from time to time in the company's form 40-F filed with the Securities and
Exchange Commission as well as other documents filed by the company with the
securities regulators in Canada and the United States including the company's
most recent Management's Discussion and Analysis of Financial Results under the
heading "Business Environment and Risks".


We caution that the foregoing list of factors that may affect future results is
not exhaustive. When relying on our forward-looking statements to make decisions
with respect to Brookfield Asset Management, investors and others should
carefully consider the foregoing factors and other uncertainties and potential
events. Except as required by law, the company undertakes no obligation to
publicly update or revise any forward-looking statements or information, whether
written or oral, as a result of new information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brookfield Asset Management Inc.
Andrew Willis
SVP, Communications and Media
(416) 369-8236
(416) 363-2856 (FAX)
andrew.willis@brookfield.com


Brookfield Asset Management Inc.
Katherine Vyse
SVP, Investor Relations
(416) 369-8246
(416) 363-2856 (FAX)
katherine.vyse@brookfield.com
www.brookfield.com

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