Macquarie Group Limited — Capital/Financing Update 2007

Nov 13, 2007

Macquarie Group Limited ABN 94 122 169 279

No.1 Martin Place Sydney NSW 2000 GPO Box 4294 Sydney NSW 1164

Telephone (61 2) 8232 3333 Facsimile (61 2) 8232 7780 Telex 122246 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/Media Release

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MACQUARIE GROUP COMPLETES LOAN SYNDICATION FACILITY UPSIZED TO $A9 BLN DUE TO OVERSUBSCRIPTIONS

SYDNEY, 14 November 2007 – Macquarie Group Limited advises that the syndication of its Syndicated Loan Facility (“Facility”) has been successfully closed and signed. As a result of oversubscriptions, the Facility was upsized from $A8 billion to $A9 billion, with 44 banks joining the syndicate.

Macquarie Group Managing Director and Chief Executive Officer Allan Moss said the group was very pleased with the result of the syndication.

“That this large facility was oversubscribed by such a distinguished group of Australian and international banks and investment banks reflects Macquarie’s strong standing as a global financial institution,” Mr Moss said

The Facility is to be used to help finance the previously announced restructure of the Macquarie Group under which Macquarie Group Limited (ASX code MQG) is the ultimate listed parent entity of the Macquarie group.

The Facility comprises $A5 billion Term facilities and $A2.4 billion Revolving facilities pro rated across three, four and five year tenors, with an $A1.6 billion 364 Day Standby Facility. Initial drawdown under the Facility is expected to occur during the week beginning 19 November.

Macquarie Group Limited

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The Mandated Lead Arrangers and Underwriters for the Facility are ABN AMRO Bank N.V., Australia Branch, Australia and New Zealand Banking Group Limited, Barclays Bank plc, Commonwealth Bank of Australia, Dresdner Bank AG, London Branch, The Hongkong and Shanghai Banking Corporation Limited, JP Morgan Chase Bank, N.A, National Australia Bank Limited, Merrill Lynch Commercial Finance Corporation, The Royal Bank of Scotland plc and Westpac Banking Corporation

Contacts :

Paula Hannaford, Macquarie Group Corporate Communications +612 8232 4102 Richard Nelson, Macquarie Group Investor Relations +612 8232 5008