Macquarie Group Limited — Director's Dealing 2009

Jan 12, 2009

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	Laurence G Cox
Date of last notice	7 November 2007 re Macquarie Group Limited fully paid ordinary (“MQG”) shares and options over MQG shares.

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.	MF Custodians Ltd, as nominee for LGC Superannuation Pty Limited, as trustee for the LGC Superannuation fund of which Laurence Cox is a beneficiary. MF Custodians Limited, as nominee for Laurence Cox.
Date of change	8 January 2009

cag_cosec_syd_prd/105338_1

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct - 87,898 MQG shares Indirect - MQG Shares: - 146,692 MQG shares held by MF Custodians Ltd as nominee for LGC Superannuation Pty Ltd; - 33,522 MQG shares held by MF Custodians Ltd as nominee for Laurence Cox; - MQG unlisted options: - 8,400 options exercisable at $32.75 each and expiring on 9 August 2009; - 5,620 options exercisable at $63.34 each and expiring on 1 August 2010; - 9,245 options exercisable at $61.79 each and expiring on 1 August 2011; and - 9,000 options exercisable at $71.41 each and expiring on 15August2012.
Class	MQG shares
Number acquired	36,135 MQG shares transferred to MF Custodians Ltd as nominee for Laurence Grimes Cox from Laurence Cox.
Number disposed	36,135 MQG shares transferred from Laurence Grimes Cox to MF Custodians Ltd as nominee for Laurence Cox.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil.
No. of securities held after change		Direct - 51,763 MQG shares Indirect - MQG Shares: - 146,692 MQG shares held by MF Custodians Ltd as nominee for LGC Superannuation Pty Ltd; - 71,357 MQG shares held by MF Custodians Ltd as nominee for Laurence Cox; - MQG unlisted options held by Laurence Cox: - 8,400 options exercisable at $32.75 each and expiring on 9 August 2009; - 5,620 options exercisable at $63.34 each and expiring on 1 August 2010; - 9,245 options exercisable at $61.79 each and expiring on 1 August 2011; and - 9,000 options exercisable at $71.41 each and expiring on 15 August 2012.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Off-market transfer.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of new 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

Dated: 13 January 2009

cag_cosec_syd_prd/105338_1

• See chapter 19 for defined terms.

Appendix 3Y Page 3