Prospectus excerpt:  Brookfield Asset Management may not redeem the Series 9 Preferred Shares on or prior to November 1, 2006. Subject to applicable law and certain restrictions and to the rights, privileges, restrictions and conditions attaching to any other shares of the company, on November 1, 2006 and on November 1 in every fifth year thereafter, all, but not less than all, of the Series 9 Preferred Shares are redeemable at the option of the company at a redemption price of C$25.00 per share together with all accrued and unpaid dividends up to but excluding the date of redemption. Notice of any redemption must be given by the company at least 45 days and not more than 60 days prior to the date fixed for redemption.