Macquarie Group Limited — Director's Dealing 2008

Feb 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 Bank Limited ABN 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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Peter M Kirby
Date of last notice	5 December 2007 but 5 October 2007 re: Macquarie Infrastructure 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 the relevant interest.	Bayete Pty Limited is the trustee of the Kirby Superannuation Fund, of which Peter Kirby is a beneficiary.
Date of change	14 February 2008
No. of securities held prior to change	• 113,315 MIG stapled securities held directly by Peter Kirby; and • 42,800 MIG stapled securities held by Bayete Pty Limited.
Class	MIG stapled securities.
Number acquired	3,749 MIG stapled securities acquired by Peter Kirby
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$3.022722 per stapled security
No. of securities held after change	• 117,064 MIG stapled securities held directly by Peter Kirby; and • 42,800 MIG stapled securities held by Bayete Pty Limited.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Securities allotted pursuant to the Distribution Example: on-market trade, off-market trade, exercise of Reinvestment Plan options, issue of securities under dividend reinvestment plan, participation in buy-back

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

21 February 2008

• See chapter 19 for defined terms.

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Appendix 3Y Page 2