Macquarie Group Limited — Capital/Financing Update 2012

Apr 16, 2012

Macquarie Group Limited ABN 94 122 169 279

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 AUSTRALIA

17 April 2012

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

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Dear Sir/Madam

Macquarie Group Limited - Issued Ordinary Capital and Options Update – 1 March to 31 March 2012

Since the last notification to the ASX on 14 March 2012 of the positions as at 29 February 2012, no new fully paid ordinary shares had been issued as at 31 March 2012. Therefore, as at 31 March 2012, the number of issued fully paid ordinary shares in Macquarie Group Limited (“MGL”) was 348,584,383.

Since the notification to the ASX on 14 March 2012 of the positions as at 29 February 2012 the following movements have occurred pursuant to the Macquarie Group Employee Retained Equity Plan (“MEREP”):

• 2,000 Deferred Share Units (“DSUs”) have been granted;

• 10,452 DSUs have expired; and

• 2,481 DSUs have been exercised.

Therefore, as at 31 March 2012:

the number of DSUs on issue was 3,141,096; and

the number of Performance Share Units was 1,558,210.

The total number of ordinary shares on issue noted above includes 2,470,802 ordinary shares held by the MEREP Trustee (“Trustee”) in a reserve account and which may be used to satisfy the obligations of MGL in respect of DSUs issued under the MEREP, including allocation of ordinary shares on exercise of DSUs.

As at 31 March 2012 there were 577,552 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) Limited, a subsidiary of MGL, which may be exchanged into 577,552 fully paid ordinary shares in MGL, issued as part of the acquisition of Orion Financial Inc. (“Orion”) in December 2007.

Macquarie Group Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cwth), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Group Limited.

Macquarie Group Limited

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As advised to ASX on 27 September 2007, there are also retention agreements in place with key former Orion employees issued as part of the acquisition of Orion in December 2007. At 31 March 2012 under the agreements a total of 33,336 fully paid ordinary shares in MGL may be allocated within the 5 year period from the date of acquisition.

As at 31 March 2012 there were 1,128,322 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) No.2 Limited which may be exchanged into 1,128,322 fully paid ordinary shares in MGL, issued as part of the acquisition of Tristone Capital Global (“Tristone”) in August 2009. There were a further 48,001 Exchangeable Shares on issue, which were issued under retention agreements in place with key former Tristone employees. There are a further 5,647 Exchangeable Shares on issue, which were issued from the exercise of retention options. A further 40,941 options over Exchangeable Shares were also on issue under retention agreements in place with key former Tristone employees.

Since the notification to ASX on 14 March 2012 of the positions as at 29 February 2012, there have been no new options issued under the Macquarie Group Employee Share Option Plan.

Since the notification to ASX on 14 March 2012 of the positions as at 29 February 2012, the following lapses of unexercised options have been processed between 1 March 2012 and 31 March 2012:

• 17,061 options exercisable at $80.01 each and expiring on 8 March 2012 (MQG0362);

• 57,084 options exercisable at $80.04 each and expiring on 22 March 2012 (MQG0363);

• 4,000 options exercisable at $60.99 each and expiring on 22 March 2012 (MQG0364);

• 4,000 options exercisable at $87.18 each and expiring on 9 July 2012 (MQG0376);

• 31,900 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 7,456 options exercisable at $56.79 each and expiring on 8 April 2013 (MQG0398);

• 2,000 options exercisable at $51.01 each and expiring on 8 August 2013 (MQG0406);

• 78,310 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407);

• 2,000 options exercisable at $53.91 each and expiring on 22 August 2013 (MQG0408);

Macquarie Group Limited

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• 3,332 options exercisable at $48.61 each and expiring on 22 August 2013 (MQG0409);

• 2,000 options exercisable at $33.49 each and expiring on 22 September 2013 (MQG0413);

• 1,000 options exercisable at $32.39 each and expiring on 22 October 2013 (MQG0417);

• 1,000 options exercisable at $27.78 each and expiring on 22 December 2013 (MQG0421);

• 166 options exercisable at $26.66 each and expiring on 22 January 2014 (MQG0423);

• 1,000 options exercisable at $29.41 each and expiring on 8 April 2014 (MQG0428); and

• 3,334 options exercisable at $44.21 each and expiring on 10 August 2014 (MQG0435).

The number of options on issue at 31 March 2012 was 21,339,657, all exercisable into one share per option.

Yours faithfully

Nigel Donnelly Assistant Company Secretary

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 March 2012

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0366	9,411	$85.30	10/04/2012
MQG0367	89,894	$87.73	23/04/2012
MQG0371	20,339	$89.76	8/05/2012
MQG0372	73,452	$94.48	22/05/2012
MQG0374	24,400	$87.77	8/06/2012
MQG0375	27,005	$91.30	22/06/2012
MQG0376	63,677	$87.18	9/07/2012
MQG0377	45,481	$90.83	23/07/2012
MQG0378	23,999	$73.86	8/08/2012
MQG0379	6,923,954	$71.41	15/08/2012
MQG0380	39,486	$71.41	22/08/2012
MQG0381	34,000	$68.06	22/08/2012
MQG0382	72,600	$71.41	10/09/2012
MQG0383	89,441	$71.49	10/09/2012
MQG0384	1,000	$71.41	24/09/2012
MQG0385	74,298	$76.69	24/09/2012
MQG0386	476	$71.41	8/10/2012
MQG0387	24,334	$86.34	8/10/2012
MQG0388	35,012	$82.37	22/10/2012
MQG0389	41,256	$77.55	22/11/2012
MQG0390	202,337	$79.38	10/12/2012
MQG0391	42,295	$74.30	24/12/2012
MQG0392	40,934	$72.27	8/01/2013
MQG0393	34,668	$64.40	22/01/2013
MQG0394	116,771	$63.74	8/02/2013
MQG0395	27,139	$54.69	22/02/2013
MQG0396	31,994	$47.79	10/03/2013
MQG0397	37,665	$51.34	25/03/2013
MQG0398	96,666	$56.79	8/04/2013

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 March 2012

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0399	12,521	$59.16	22/04/2013
MQG0400	68,076	$63.09	8/05/2013
MQG0401	31,000	$59.58	22/05/2013
MQG0402	33,387	$52.89	10/06/2013
MQG0403	6,000	$48.78	23/06/2013
MQG0404	22,000	$47.29	8/07/2013
MQG0405	23,288	$47.29	22/07/2013
MQG0406	37,794	$51.01	8/08/2013
MQG0407	11,605,300	$53.91	15/08/2013
MQG0408	53,207	$53.91	22/08/2013
MQG0409	56,238	$48.61	22/08/2013
MQG0410	16,702	$53.91	8/09/2013
MQG0411	81,332	$45.35	8/09/2013
MQG0412	68,519	$53.91	22/09/2013
MQG0413	69,375	$33.49	22/09/2013
MQG0414	75,515	$53.91	8/10/2013
MQG0415	52,656	$36.20	8/10/2013
MQG0416	72,556	$53.91	22/10/2013
MQG0417	22,388	$32.39	22/10/2013
MQG0418	32,725	$31.99	10/11/2013
MQG0419	14,334	$25.39	24/11/2013
MQG0420	32,288	$28.48	8/12/2013
MQG0421	29,000	$27.78	22/12/2013
MQG0422	25,000	$31.73	8/01/2014
MQG0423	12,000	$26.66	22/01/2014
MQG0424	25,000	$23.84	9/02/2014
MQG0425	10,000	$21.24	23/02/2014
MQG0426	17,956	$17.10	9/03/2014
MQG0427	10,000	$23.17	23/03/2014

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 March 2012

MQG Code	Number Exercise Price Expiry Date
MQG0428 MQG0429 MQG0430 MQG0431 MQG0432 MQG0433 MQG0434 MQG0435 MQG0436 MQG0437 MQG0438 MQG0439 MQG0440 MQG0441	83,031 $29.41 8/04/2014 66,000 $30.89 22/04/2014 31,743 $34.02 8/05/2014 3,000 $36.87 9/06/2014 10,302 $37.17 22/06/2014 35,058 $36.73 8/07/2014 13,000 $39.03 22/07/2014 9,666 $44.21 10/08/2014 3,000 $45.71 24/08/2014 34,050 $49.32 8/09/2014 43,666 $53.07 22/09/2014 24,000 $54.25 8/10/2014 10,000 $54.26 22/10/2014 13,000 $48.48 08/12/2014 21,339,657