Macquarie Group Limited — Director's Dealing 2008

Sep 28, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Macquarie Bank Limited & Macquarie Group Limited ABN 46 008 583 542 94 122 169 279

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter H Warne
Date of last notice	28 July 2008 but 27 November 2007 re Macquarie Capital Alliance Group (“MCQ”) stapled securities

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Securities held in the name of Fortis Clearing Sydney on behalf of Next Financial Nominees Pty Limited for Peter H Warne.
Date of change	9 September 2008. The disposal was compulsory following approval of MCQ's scheme of arrangement.
No. of securities held prior to change	155,983 MCQ stapled securities.
Class	MCQ stapled securities
Number acquired	Nil
Number disposed	155,983 MCQ stapled securities
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$3.00 per MCQ stapled security
No. of securities held after change	Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Securities transferred via off-market transfer, as a result of the privatisation of MCQ.

cag_cosec_syd_prd/85831_1

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Dated: 29 September 2008

cag_cosec_syd_prd/85831_1

• See chapter 19 for defined terms.

Appendix 3Y Page 2