Macquarie Group Limited — Director's Dealing 2008

Aug 19, 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	Peter M Kirby
Date of last notice	28 July 2008 but 21 February 2008 re MacquarieInfrastructure Group (“MIG”) 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.	Bayete Pty Limited is the trustee of the KirbySuperannuation Fund, of which Peter Kirby is abeneficiary.
Date of change	14 August 2008 re MIG stapled securities heldby Peter Kirby.
No. of securities held prior to change	• 117,064 MIG stapled securities held directlyby Peter Kirby; and• 42,800 MIG stapled securities held by BayetePty Limited.
Class	MIG stapled securities.
Number acquired	4,499 MIG stapled securities
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$2.602005 per MIG stapled security.
No. of securities held after change	• 121,563 MIG stapled securities held by PeterKirby; and• 42,800 MIG stapled securities held by BayetePty Limited.

cag_cosec_syd_prd/78289_1

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	MIG stapled securities allotted pursuant to theDistribution Reinvestment Plan.

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

20 August 2008

• See chapter 19 for defined terms.

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Appendix 3Y Page 2