Macquarie Group Limited — Capital/Financing Update 2008

Dec 11, 2008

Macquarie Group of Companies Australia and Worldwide

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

12 December 2008

Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

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Dear Sir/Madam

- Macquarie Group Limited Issued Ordinary Capital and Options Update

Since the last notification to the ASX of the position at 31 October 2008, there has been no change in the number of fully paid ordinary shares of Macquarie Group Limited on issue.

Thus, as at 30 November 2008 the number of issued fully paid ordinary $1.00 shares was 281,016,368.

During the period 1 November to 30 November 2008 (inclusive), the following new options have been issued:

• 85,000 options exercisable at $31.99 each and expiring 10 November 2013 (MQG0418); and

• 50,000 options exercisable at $25.39 each and expiring 24 November 2013 (MQG0419).

During the period 1 November to 30 November 2008 (inclusive), the following options have lapsed unexercised:

• 4,168 options exercisable at $45.89 each and expiring on 12 May 2009 (MQG0297);

• 1,000 options exercisable at $60.41 each and expiring on 7 May 2009 (MQG0303);

• 334 options exercisable at $63.34 each and expiring on 10 May 2009 (MQG0305);

• 6,570 options exercisable at $63.34 each and expiring on 12 May 2009 (MQG0305);

cag_cosec_syd_prd/99478_1

Macquarie Group of Companies

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• 3,334 options exercisable at $63.34 each and expiring on 14 May 2009 (MQG0305);

• 420 options exercisable at $63.34 each and expiring on 26 May 2009 (MQG0305);

• 834 options exercisable at $63.34 each and expiring on 27 May 2009 (MQG0305);

• 1,668 options exercisable at $63.34 each and expiring on 28 May 2009 (MQG0305);

• 314 options exercisable at $66.92 each and expiring on 8 November 2010 (MQG0319);

• 168 options exercisable at $70.60 each and expiring on 22 November 2010 (MQG0320);

• 334 options exercisable at $61.79 each and expiring on 10 May 2009 (MQG0339);

• 14,988 options exercisable at $61.79 each and expiring on 12 May 2009 (MQG0339);

• 3,667 options exercisable at $61.79 each and expiring on 14 May 2009 (MQG0339);

• 1,637 options exercisable at $61.79 each and expiring on 26 May 2009 (MQG0339);

• 800 options exercisable at $61.79 each and expiring on 27 May 2009 (MQG0339);

• 8,001 options exercisable at $61.79 each and expiring on 28 May 2009 (MQG0339);

• 84 options exercisable at $73.31 each and expiring on 8 November 2011 (MQG0353);

• 84 options exercisable at $74.11 each and expiring on 22 November 2011 (MQG0355);

• 214 options exercisable at $75.57 each and expiring on 22 December 2011 (MQG0357);

• 22,000 options exercisable at $87.73 each and expiring on 23 April 2012 (MQG0367);

• 4,000 options exercisable at $73.86 each and expiring on 8 August 2012 (MQG0378);

• 28,945 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 4,000 options exercisable at $71.49 each and expiring on 10 September 2012 (MQG0383);

• 4,000 options exercisable at $77.55 each and expiring on 22 November 2012 (MQG0389);

• 3,000 options exercisable at $56.79 each and expiring on 8 April 2013

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(MQG0398);

• 3,000 options exercisable at $59.16 each and expiring on 22 April 2013 (MQG0399);

• 3,000 options exercisable at $47.29 each and expiring on 8 July 2013 (MQG0404);

• 59,200 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407); and

• 3,000 options exercisable at $53.91 each and expiring on 22 August 2013 (MQG0408).

Also, in the notification to ASX on 14 November 2008 of the position as at 31 October 2008 it was stated that the following options lapsed unexercised:

• 38,680 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 17,800 options exercisable at $63.74 each and expiring on 8 February 2013 (MQG0394);

• 67,050 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407).

In fact, the following options lapsed unexercised:

• 37,591 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 16,621 options exercisable at $63.74 each and expiring on 8 February 2013 (MQG0394) and

• 66,829 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407).

The number of options on issue at 30 November was 54,454,875 all exercisable into one share per option.

Yours faithfully

Paula Walsh Assistant Company Secretary

Page 3

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0241	1,668	$21.66	11/12/2008
MQG0245	4,300	$28.74	23/12/2008
MQG0248	6,000	$34.78	30/03/2009
MQG0253	1,668	$33.45	9/02/2009
MQG0254	3,334	$33.45	9/02/2009
MQG0256	15,834	$33.76	8/03/2009
MQG0257	5,836	$34.67	22/03/2009
MQG0260	1,668	$36.71	8/04/2009
MQG0261	8,168	$35.54	22/04/2009
MQG0262	26,700	$34.66	10/05/2009
MQG0263	14,168	$33.00	24/05/2009
MQG0264	8,334	$33.84	8/06/2009
MQG0265	9,170	$34.27	22/06/2009
MQG0266	15,002	$33.58	8/07/2009
MQG0267	20,000	$33.11	28/02/2009
MQG0267	474,797	$33.11	22/07/2009
MQG0268	5,000	$32.75	7/02/2009
MQG0268	668	$32.75	28/02/2009
MQG0268	1,668	$32.75	26/03/2009
MQG0268	668	$32.75	30/03/2009
MQG0268	1,186,960	$32.75	9/08/2009
MQG0269	5,000	$32.26	30/12/2008
MQG0269	1,000	$32.26	4/02/2009
MQG0269	700	$32.26	28/02/2009
MQG0269	500	$32.26	18/03/2009
MQG0269	908,622	$32.26	23/08/2009
MQG0270	1,668	$30.67	23/08/2009
MQG0271	750	$34.60	13/12/2008
MQG0271	8,334	$34.60	16/04/2009
MQG0271	325,994	$34.60	8/09/2009
MQG0272	67,946	$35.28	22/09/2009
MQG0273	83,146	$36.99	8/10/2009
MQG0274	500	$39.64	14/03/2009
MQG0274	24,867	$39.64	22/10/2009
MQG0275	44,988	$40.81	8/11/2009
MQG0276	48,868	$32.75	8/11/2009
MQG0277	11,667	$33.11	8/11/2009
MQG0278	26,920	$41.72	22/11/2009
MQG0279	4,600	$32.75	21/04/2009
MQG0279	84,302	$32.75	22/11/2009
MQG0280	28,736	$44.88	8/12/2009
MQG0281	4,900	$34.60	8/12/2009
MQG0283	5,000	$45.15	31/01/2009
MQG0283	26,668	$45.15	22/12/2009
MQG0284	8,334	$46.97	10/01/2010

Page 4

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0285	10,000	$47.28	10/01/2010
MQG0286	5,000	$48.68	24/01/2010
MQG0288	56,668	$49.31	8/02/2010
MQG0289	8,336	$49.47	8/02/2010
MQG0291	50,620	$49.16	22/02/2010
MQG0292	22,502	$49.51	8/03/2010
MQG0293	4,069	$49.57	3/03/2009
MQG0293	21,668	$49.57	22/03/2010
MQG0294	38,336	$47.82	8/04/2010
MQG0295	43,335	$45.14	22/04/2010
MQG0296	22,162	$49.31	8/04/2010
MQG0297	26,666	$45.89	9/05/2010
MQG0298	15,068	$49.18	23/05/2010
MQG0300	45,835	$54.24	8/06/2010
MQG0301	31,668	$58.02	22/06/2010
MQG0302	8,334	$49.18	22/06/2010
MQG0303	2,000	$60.41	7/05/2009
MQG0303	40,388	$60.41	8/07/2010
MQG0304	13,524	$63.42	22/07/2010
MQG0305	1,321	$63.34	30/12/2008
MQG0305	1,031	$63.34	4/02/2009
MQG0305	6,666	$63.34	7/02/2009
MQG0305	3,332	$63.34	8/02/2009
MQG0305	2,600	$63.34	11/02/2009
MQG0305	3,333	$63.34	14/02/2009
MQG0305	1,332	$63.34	15/02/2009
MQG0305	280	$63.34	20/02/2009
MQG0305	27,624	$63.34	28/02/2009
MQG0305	1,333	$63.34	8/03/2009
MQG0305	333	$63.34	14/03/2009
MQG0305	220	$63.34	16/03/2009
MQG0305	4,998	$63.34	26/03/2009
MQG0305	383	$63.34	30/03/2009
MQG0305	1,666	$63.34	10/04/2009
MQG0305	700	$63.34	16/04/2009
MQG0305	9,566	$63.34	17/04/2009
MQG0305	3,492	$63.34	21/04/2009
MQG0305	250	$63.34	30/04/2009
MQG0305	7,227,053	$63.34	1/08/2010
MQG0306	17,658	$62.13	8/08/2010
MQG0307	30,834	$63.34	8/08/2010
MQG0308	60,000	$63.33	22/08/2010
MQG0309	4,166	$65.72	28/02/2009
MQG0309	40,366	$65.72	8/09/2010
MQG0310	6,707	$63.34	8/09/2010

Page 5

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0312	1,668	$35.28	22/09/2009
MQG0313	28,834	$67.85	22/09/2010
MQG0314	680	$63.34	22/09/2010
MQG0316	11,167	$63.34	10/10/2010
MQG0317	63,334	$70.56	10/10/2010
MQG0318	41,333	$64.16	24/10/2010
MQG0319	49,019	$66.92	8/11/2010
MQG0320	54,664	$70.60	22/11/2010
MQG0321	53,166	$68.24	8/12/2010
MQG0322	23,667	$68.36	22/12/2010
MQG0323	24,500	$67.85	9/01/2011
MQG0324	38,152	$70.47	23/01/2011
MQG0325	82,000	$63.09	8/02/2011
MQG0327	21,000	$61.33	22/02/2011
MQG0328	61,000	$60.35	8/03/2011
MQG0329	1,333	$61.91	28/02/2009
MQG0329	1,333	$61.91	10/04/2009
MQG0329	19,000	$61.91	22/03/2011
MQG0330	70,168	$68.01	10/04/2011
MQG0331	24,000	$68.83	24/04/2011
MQG0332	2,500	$32.75	9/08/2009
MQG0333	1,333	$70.21	25/03/2009
MQG0333	83,000	$70.21	8/05/2011
MQG0334	19,000	$66.83	22/05/2011
MQG0335	25,333	$65.12	8/06/2011
MQG0336	71,000	$65.95	22/06/2011
MQG0337	21,310	$68.03	10/07/2011
MQG0338	34,000	$62.75	22/07/2011
MQG0339	239	$61.79	13/12/2008
MQG0339	7,000	$61.79	31/01/2009
MQG0339	1,666	$61.79	7/02/2009
MQG0339	1,296	$61.79	11/02/2009
MQG0339	1,666	$61.79	14/02/2009
MQG0339	1,000	$61.79	15/02/2009
MQG0339	313	$61.79	20/02/2009
MQG0339	10,700	$61.79	28/02/2009
MQG0339	1,153	$61.79	3/03/2009
MQG0339	1,333	$61.79	12/03/2009
MQG0339	2,333	$61.79	14/03/2009
MQG0339	1,380	$61.79	16/03/2009
MQG0339	670	$61.79	17/03/2009
MQG0339	833	$61.79	26/03/2009
MQG0339	5,769	$61.79	30/03/2009
MQG0339	1,000	$61.79	10/04/2009
MQG0339	1,333	$61.79	15/04/2009

Page 6

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0339	656	$61.79	16/04/2009
MQG0339	14,089	$61.79	17/04/2009
MQG0339	636	$61.79	21/04/2009
MQG0339	333	$61.79	30/04/2009
MQG0339	9,289,392	$61.79	1/08/2011
MQG0340	26,500	$61.79	8/08/2011
MQG0341	74,400	$60.99	8/08/2011
MQG0342	16,985	$61.79	22/08/2011
MQG0343	88,000	$61.03	22/08/2011
MQG0344	4,000	$61.79	8/09/2011
MQG0345	174,000	$64.43	8/09/2011
MQG0346	2,000	$61.79	22/09/2011
MQG0347	35,000	$65.96	22/09/2011
MQG0348	5,925	$61.79	9/10/2011
MQG0349	1,333	$69.47	8/04/2009
MQG0349	1,333	$69.47	17/04/2009
MQG0349	92,666	$69.47	9/10/2011
MQG0350	4,000	$64.43	9/10/2011
MQG0351	11,000	$64.43	23/10/2011
MQG0352	38,000	$72.17	23/10/2011
MQG0353	68,916	$73.31	8/11/2011
MQG0354	35,390	$73.31	20/11/2011
MQG0355	15,916	$74.11	22/11/2011
MQG0356	23,000	$71.92	8/12/2011
MQG0357	52,986	$75.57	22/12/2011
MQG0358	68,000	$78.24	8/01/2012
MQG0359	61,000	$79.33	22/01/2012
MQG0360	1,038	$82.57	30/12/2008
MQG0360	47,000	$82.57	8/02/2012
MQG0361	12,000	$83.55	22/02/2012
MQG0362	35,000	$80.01	8/03/2012
MQG0363	83,000	$80.04	22/03/2012
MQG0364	4,000	$60.99	22/03/2012
MQG0365	12,500	$47.82	23/05/2010
MQG0366	41,000	$85.30	10/04/2012
MQG0367	242,179	$87.73	23/04/2012
MQG0368	1,666	$60.41	8/07/2010
MQG0369	5,000	$63.42	22/07/2010
MQG0370	4,000	$70.60	22/11/2010
MQG0371	117,000	$89.76	8/05/2012
MQG0372	105,000	$94.48	22/05/2012
MQG0373	4,000	$80.04	8/06/2012
MQG0374	60,600	$87.77	8/06/2012
MQG0375	42,000	$91.30	22/06/2012
MQG0376	769	$87.18	30/12/2008

Page 7

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0376	90,000	$87.18	9/07/2012
MQG0377	61,935	$90.83	23/07/2012
MQG0378	42,000	$73.86	8/08/2012
MQG0379	36	$71.41	13/12/2008
MQG0379	425	$71.41	30/12/2008
MQG0379	329	$71.41	30/12/2008
MQG0379	4,000	$71.41	31/01/2009
MQG0379	9,908,337	$71.41	15/08/2012
MQG0380	59,365	$71.41	22/08/2012
MQG0381	60,000	$68.06	22/08/2012
MQG0382	91,990	$71.41	10/09/2012
MQG0383	129,000	$71.49	10/09/2012
MQG0384	1,750	$71.41	24/09/2012
MQG0385	126,200	$76.69	24/09/2012
MQG0386	4,865	$71.41	8/10/2012
MQG0387	63,000	$86.34	8/10/2012
MQG0388	76,000	$82.37	22/10/2012
MQG0389	50,000	$77.55	22/11/2012
MQG0390	377,400	$79.38	10/12/2012
MQG0391	70,000	$74.30	24/12/2012
MQG0392	70,000	$72.27	8/01/2013
MQG0393	149,000	$64.40	22/01/2013
MQG0394	188,179	$63.74	8/02/2013
MQG0395	57,000	$54.69	22/02/2013
MQG0396	94,000	$47.79	10/03/2013
MQG0397	69,000	$51.34	25/03/2013
MQG0398	171,000	$56.79	8/04/2013
MQG0399	60,000	$59.16	22/04/2013
MQG0400	113,400	$63.09	8/05/2013
MQG0401	51,000	$59.58	22/05/2013
MQG0402	84,000	$52.89	10/06/2013
MQG0403	31,000	$48.78	23/06/2013
MQG0404	53,000	$47.29	8/07/2013
MQG0405	86,000	$47.29	22/07/2013
MQG0406	56,000	$51.01	8/08/2013
MQG0407	17,106,736	$53.91	15/08/2013
MQG0408	94,323	$53.91	22/08/2013
MQG0409	135,700	$48.61	22/08/2013
MQG0410	45,875	$53.91	8/09/2013
MQG0411	161,000	$45.35	8/09/2013
MQG0412	127,450	$53.91	22/09/2013
MQG0413	160,000	$33.49	22/09/2013
MQG0414	112,200	$53.91	8/10/2013
MQG0415	118,000	$36.20	8/10/2013
MQG0416	164,950	$53.91	22/10/2013

Page 8

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 November 2008

MQG Code	Number Exercise Price Expiry Date
MQG0417 MQG0418 MQG0419	95,000 $32.39 22/10/2013 85,000 $31.99 10/11/2013 50,000 $25.39 24/11/2013 **54,454,875 **

Page 9