Macquarie Group Limited — Capital/Financing Update 2012

Nov 22, 2012

Macquarie Bank Limited ABN 46 008 583 542 Macquarie Securities Group

No. 1 Martin Place Telephone 1800 803 010 Sydney NSW 2000 (61 2) 9223 2882 GPO Box 3423 Facsimile (61 2) 8232 6882 Sydney NSW 2001 Internet http://www.macquarie.com.au DX 10287 SSE SWIFT MACQAU2S

23 November 2012

Ross Pullen ASX Derivatives Level 6, 20 Bridge Street Sydney NSW 2000

Dear Ross,

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For announcement to the market:

Macquarie RIO MINIs – Change of terms

Macquarie Bank Limited (“Macquarie”) is the issuer of the following MINIs over securities in Rio Tinto Limited (“Listed Entity”).

	ASX Code(s):
MacquarieMINIs:	RIOQMA;RIOQMB;RIOQMD;RIOQMF

On 22 November 2012 a trade in the securities of the Listed Entity was reported at a price of $51.56. Pursuant to Clause 11.2(b)(v) of the Terms and Conditions of the MINIs and following receipt of ASX consent, Macquarie has amended the terms of the Macquarie MINIs (referred to above) such that a Stop-Loss Event will not be triggered as a result of any reported trades in the Listed Entity during Thursday 22 November 2012.

The Macquarie MINIs will recommence trading on Friday 23 November 2012 on the following basis:

Warrant Code	Strike Price	**Stop-Loss Level **
RIOQMA	$48.6266	$52.02
RIOQMB	$49.6274	$53.09
RIOQMD	$51.5113	$55.37
RIOQMF	$52.5115	$56.45

No other amendments to the Terms and Conditions have been made.

If you have any questions regarding this matter please contact your Stockbroker or Financial Adviser. Alternatively, Ask Macquarie on 1800 80 30 10.

Yours sincerely

Chris Horne Division Director Macquarie Securities Group – Legal Macquarie Bank Limited