Macquarie Group Limited — Capital/Financing Update 2007

Dec 19, 2007

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20 December 2007

ASX ANNOUNCEMENT

TATTS GROUP TO ACQUIRE REMAINING 50% OF EUROPEAN GAMING

Tatts Group advises that it has entered into an agreement to acquire Macquarie Group Limited’s 50% share of the European Gaming Group.

European Gaming owns 100% of Talarius, which operates 191 gaming centres and approximately 8,000 gaming machines in the United Kingdom.

The transaction is expected to complete in January 2008. Tatts Group will fund the acquisition from existing corporate debt facilities.

Background on Talarius/European Gaming

Talarius was listed as a cash shell on AIM (a market operated by the London Stock Exchange) in April 2005, and in June 2005 completed the reverse takeover of RAL, an operator of AGCs (Adult Gaming Centres) in the UK. Since that time Talarius has completed four acquisitions and pursued a Greenfield site development strategy. European Gaming acquired Talarius in February 2007.

In the middle of 2007 European Gaming replaced the previous Management team and installed Brendan Redmond from Tatts Group as the Chief Executive. He has since supported a full review of the business by Tatts Group’s Bytecraft, Tatts Pokies and Maxgaming business units.

Having agreed to acquire 100% of European Gaming, Tatts Group with Talarius have already turned attention to the planning necessary to introduce new gaming machines, reconfigure gaming floors, refurbish venues and produce more efficient and timely gaming machine maintenance practices. These initiatives will involve a capital expenditure program of £24M over the next 3 years.

Tatts Group also intends to seize opportunities to acquire more venues in the UK at a time when the market is experiencing the difficulties that inevitably follow in-venue smoking bans and other regulatory changes.

Contact:

Investor Relations: Gary Woodford on +613 8517 7530 or 0417 399 204 Media: Michael Mangos on +613 8517 7443 or 0419 551 980

Tatts Group Limited ABN 19 108 686 040 615 St Kilda Road, Melbourne, Victoria, 3004, Australia Locked Bag 888, St Kilda Road Central, Melbourne, Victoria, 8008, Australia Tel: 61 3 8517 7777 Fax: 61 3 8517 7752

www.tattsgroup.com