Macquarie Group Limited — Capital/Financing Update 2012

Mar 5, 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

==> picture [73 x 73] intentionally omitted <==

ASX / Media Release

Macquarie proposed hybrid security issue

SYDNEY, 6 March 2012 - Macquarie Group Limited (ASX:MQG, ADR: MQBKY) and Macquarie Bank Limited (MBL) today announces that MBL, acting through its London Branch, intends, subject to market conditions, to offer a new USD Tier 1 hybrid security to institutional and sophisticated investors in line with the previously announced group capital management plan. The intended size of the offer is up to US$500m.

The proposed hybrid, if issued, will be unsecured subordinated notes of MBL with noncumulative distributions and will be exchangeable for ordinary shares of MGL in certain circumstances.

Contact:

Karen Smith Corporate Communications Macquarie Group Tel: +44 20 3037 2420 Email: karen.smith@macquarie.com