Macquarie Group Limited — Director's Dealing 2008

Aug 20, 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 Group Limited & Macquarie Bank Limited ABN 94 122 169 279 46 008 583 542

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	Nicholas William Moore
Date of last notice	30 July 2008 but 27 May 2008 re: Macquarie InfrastructureGroup(“MIG”)stapledsecurities,MacquarieCommunications Infrastructure Group (“MCG”) stapledsecurities,unlisted options over unissued fully paidordinary Macquarie Group Limited (“MQG”) shares andMacquarie Airports (“MAP”) 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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	• Securities held by Divco 11 Pty Limited, acompany in which Nicholas Moore has arelevant interest;• Securities held by Venamay Pty Limited, acompany in which Nicholas Moore has arelevant interest; and• Securities held by Venamay Pty Limited, acompany in which Nicholas Moore has arelevant interest, in Bare Trust for NicholasMoore.
Date of change	• 14 August 2008 re: allotment of MIG stapledsecurities;• 15 August 2008 re: allotment of MCG stapledsecurities and grant of unlisted options overunissued fully paid ordinary MQG shares; and• 19 August 2008 re: allotment of MIG stapledsecurities.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	No. of securities held prior to change	No. of securities held prior to change	No. of securities held prior to change	• 671,446 MIG stapled securities held byVenamay Pty Limited• 250,504 MIG stapled securities held by Divco11 Pty Limited;	• 671,446 MIG stapled securities held byVenamay Pty Limited• 250,504 MIG stapled securities held by Divco11 Pty Limited;	• 671,446 MIG stapled securities held byVenamay Pty Limited• 250,504 MIG stapled securities held by Divco11 Pty Limited;
				• 272,283 MCG stapled securities held byVenamay Pty Limited in Bare Trust forNicholas Moore
				;MQG options held by Nicholas Moore:•48334 ti id fll id
				, opons over unssue uy paordinary MQG shares exercisable at $32.26each and expiring on 23 August 2009;• 170,000 options over unissued fully paidordinary MQG shares exercisable at $63.34each and expiring on 1 August 2010;• 160,000 options over unissued fully paidordinary MQG shares exercisable at $61.79each and expiring on 1 August 2011; and• 154,400 options over unissued fully paidordinary MQG shares exercisable at $71.41each and expiring on 15 August 2012.
				• 680,415 MAP stapleNicholas Moore	securities held by
				;• 2,106,484 MAP staplVenamay Pty Limite• 1,326,389 MAP staplDivco 11 PtyLimited	ed securities held byd; anded securities held by.
Class	Class			•MIG stapled securitie	s;
				•MCG stapled securiti	es;
				• Options over unissued fully paid ordinaryMQG shares, expiring on 15 August 2013;and• MAP stapled securities
Number acquired				• 25,805 MIG stapled securities allotted toVenamay Pty Limited;• 9,627 MIG stapled securities allotted to Divco11 Pty Limited• 21,172 MCG stapled securities allotted toVenamay Pty Limited, in Bare Trust forNicholas Moore;• 243,900 options over unissued fully paidordinary MQG shares granted to NicholasMoore;• 30,423 MAP stapled securities allotted toNicholas Moore;• 94,186 MAP stapled securities allotted toVenamay Pty Limited; and• 59,306 MAP stapled securities allotted toDivco 11 PtyLimited.
Number disposed				Nil

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• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	• $2.602005 per MIG stapled security;• $2.9579 per MCG stapled security;• Options over unissued fully paid ordinaryMQG shares exercisable at $53.91 each; and• $2.9075per MAP stapled security.
No. of securities held after change	• 697,251 MIG stapled securities held byVenamay Pty Limited• 260,131 MIG stapled securities held by Divco11 Pty Limited;• 293,455 MCG stapled securities held byVenamay Pty Limited in Bare Trust forNicholas Moore;Options over unissued fully paid ordinary MQGshares held by Nicholas Moore:• 48,334 options over unissued fully paidordinary MQG shares exercisable at $32.26each and expiring on 23 August 2009;• 170,000 options over unissued fully paidordinary MQG shares exercisable at $63.34each and expiring on 1 August 2010;• 160,000 options over unissued fully paidordinary MQG shares exercisable at $61.79each and expiring on 1 August 2011;• 154,400 options over unissued fully paidordinary MQG shares exercisable at $71.41each and expiring on 15 August 2012; and• 243,900 options over unissued fully paidordinary MQG shares exercisable at $53.91each and expiring on 15 August 2013.• 710,838 MAP stapled securities held byNicholas Moore;• 2,200,670 MAP stapled securities held byVenamay Pty Limited; and• 1,385,695 MAP stapled securities held byDivco 11 PtyLimited.
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	• MIG, MCG and MAP stapled securitiesallotted pursuant to respective DistributionReinvestment Plans; and• Options over unissued fully paid ordinaryMQG shares acquired via a grant of employeeoptions.

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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: 21 August 2008

• See chapter 19 for defined terms.

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