Macquarie Group Limited — Director's Dealing 2008

Jul 27, 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	Catherine B Livingstone
Date of last notice	5 December 2007

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 the relevant interest.	• Securities held by Catherine Livingstone and Michael Satterthwaite; and • Securities held by Easdale Pty Limited as trustee of the Michael Satterthwaite Superannuation Fund of which Catherine Livingstone is a beneficiary.
Date of change	24 July 2008
No. of securities held prior to change	• 1,791 Macquarie Group Limited fully paid ordinary (“MQG”) shares held by Catherine Livingstone (of which 98 Shares have been acquired via the Macquarie Group Non- Executive Director Share Plan); • 1,911 MQG shares held by Catherine Livingstone and Michael Satterthwaite; and • 4,730 MQG shares held by Easdale Pty Limited.
Class	MQG shares
Number acquired	196 MQG shares
Number disposed	Nil

cag_cosec_syd_prd/72763_1

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$50379 per MQG share
No. of securities held after change	• 1,987 MQG shares held by Catherine Livingstone (of which 294 Shares have been acquired via the Macquarie Group Non- Executive Director Share Plan); • 1,911 MQG shares held by Catherine Livingstone and Michael Satterthwaite; and • 4,730 MQG shares held by Easdale Pty Limited.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares acquired pursuant to the Macquarie Group Non Executive Director Share Acquisition Plan (“NEDSAP”).

Part 2 – Change of director’s interests in contracts

==> picture [433 x 319] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

28 July 2008

• See chapter 19 for defined terms.

C:\DOCUME~1\gcable\LOCALS~1\Temp\cag_cosec_syd_prd_72763_1.DOC

Appendix 3Y Page 2