Macquarie Group Limited — Director's Dealing 2008

Feb 17, 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 ABN 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	Nicholas William Moore
Date of last notice	12 February 2008

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.	• Venamay Pty Limited, a company in which Nicholas Moore has a relevant interest; • Divco 11 Pty Limited, a company in which Nicholas Moore has a relevant interest; and • Moore & Moore Investments Pty Limited, as trustee for the Moore Family Trust, of which NicholasMooreis a beneficiary.
Date of change	14 February 2008
No. of securities held prior to change	• 259,867 Macquarie Communications Infrastructure Group (“MCIG”) stapled securities held by Venamay Pty Limited (previously reported as being held directly by Nicholas Moore); • 2,373,008 Macquarie Media Group (“MMG”) stapled securities held by Nicholas Moore; • 584,424 MMG stapled securities held by Moore & Moore Investments Pty Limited; • 649,944 Macquarie Infrastructure Group (“MIG”) stapled securities held by Venamay Pty Limited; and • 250,504 MIG stapled securities held by Divco 11 PtyLimited.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	• MCIG stapled securities; • MMG stapled securities; and • MIG stapled securities.
Number acquired	• 12,416 MCIG stapled securities acquired by Venamay Pty Limited; • 158,927 MMG stapled securities acquired by Nicholas Moore; • 39,141 MMG stapled securities acquired by Moore & Moore Investments Pty Limited; and • 21,502 MIG stapled securities acquired by VenamayPtyLimited.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	• $4.8140 per MCIG stapled security; • $3.6582 per MMG stapled security; and • $3.022722per MIG stapled security.
No. of securities held after change	• 272,283 MCIG stapled securities held by Venamay Pty Limited; • 2,531,935 MMG stapled securities held by Nicholas Moore; • 623,565 MMG stapled securities held by Moore & Moore Investments Pty Limited; • 671,446 MIG stapled securities held by Venamay Pty Limited; and • 250,504 MIG stapled securities held by Divco 11 PtyLimited.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Stapled securities allotted pursuant to the Distribution Reinvestment Plans

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

G:\CAG\COS\DLeong\BRD\ASX notices\MOORE\nwm18022008.doc

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Dated: 18 February 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 3