Macquarie Group Limited — Board/Management Information 2007

Nov 13, 2007

Macquarie Group of Companies

No.1 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 7780 GPO Box 4294 Telex 122246 Sydney NSW 1164 Internet http://www.macquarie.com.au DX 10287 SSE SWIFT MACQAU2S

Treasury 8232 3600 Facsimile 8232 4227 Foreign Exchange 8232 3666 Facsimile 8232 3019 Metals and Mining 8232 3444 Facsimile 8232 3590 Futures 9231 1028 Telex 72263 Debt Markets 8232 8569 Facsimile 8232 8341 Agricultural Commodities 8232 7672 Facsimile 8232 3633

ASX Release

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RESTRUCTURE APPOINTMENT CONFIRMATION

SYDNEY, 14 November 2007 – Macquarie Group Limited (ASX: MQG) and Macquarie Bank Limited note that, as previously advised, Richard Sheppard yesterday officially became Managing Director and Chief Executive Officer of the Macquarie Group’s licensed Australian bank, Macquarie Bank Limited, as the group restructure became effective.

Under the restructure, which was approved by shareholders on 25 October 2007, Macquarie Group Limited has become a non-operating holding company owning separate banking and non-banking groups.

Allan Moss is Managing Director and CEO of Macquarie Group Limited but in accordance with APRA prudential requirements, has ceased to be the Managing Director and Chief Executive Officer of the banking business, as previously advised.

The Board and Executive Committee memberships of Macquarie Group Limited are the same as those of Macquarie Bank Limited before the restructure.

David Clarke remains Chairman of Macquarie Bank Limited and becomes Chairman of Macquarie Group Limited.

Contacts :

Paula Hannaford, Macquarie Group Corporate Communications Richard Nelson, Macquarie Group Investor Relations

+612 8232 4102 +612 8232 5008