Macquarie Group Limited — Director's Dealing 2011

Aug 21, 2011

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 30/09/01 Amended 01/01/11

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 Nicholas W Moore Date of last notice 2 August 2011 re Macquarie Group Limited fully paid ordinary (MQG) shares, unlisted options over unissued MQG shares (Options), Restricted Share Units (RSUs) and Performance Share Units (PSUs) held under the Macquarie Group Employee Retained Equity Plan (MEREP).

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	• Securities held by Venamay Pty Limited, acompany in which Nicholas Moore has arelevant interest; and• Securities held by Nicholas Moore in baretrust for Venamay Pty Limited, a companyin which Nicholas Moore has a relevantinterest.
Date of change	15 August 2011 and 19 August 2011.
No. of securities held prior to change	MQG shares:• 858,699 MQG shares held by NicholasMoore;• 131,433 MQG shares held by VenamayPty Limited; and• 255,613 MQG shares held by NicholasMoore in bare trust for Venamay PtyLimited.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	MEREP Awards held by Nicholas Moore:• 571,822 RSUs; and• 137,333 PSUs.MQG options held by Nicholas Moore aspreviously disclosed:• 154,400 MQG options exercisable at$71.41 each; and• 243,900 MQG options exercisable at$53.91 each.
Class	• RSUs and PSUs held under the MEREP;and• MQG shares.
Number acquired	• 159,981 PSUs granted on 15 August 2011;• 152,602 RSUs granted on 15 August 2011(this figure corrects the previously reportedfigure); and• 120,708 MQG shares acquired on 19August 2011 as a result of the exercise ofPSUs and release of RSUs held under theMEREP.
Number disposed	• 3,574 PSUs exercised on 19 August 2011;and• 117,134 RSUs automatically released fromthe MEREP on 19 August 2011.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	The grant of PSUs and RSUs was approvedby shareholders on 28 July 2011 atMacquarie’s Annual General Meeting.• Mr Moore will not make any cash paymentfor the grant of PSUs. The PSUs are anincentive mechanism for futureperformance and subject to performancehurdles as previously disclosed.• Mr Moore received the RSUs in lieu of acash payment of the corresponding amountof his 2011 profit share. The effectiveprice payable by Mr Moore for the RSUs is$33.06 per share.• No cash payment is required for either theexercise of previously vested PSUs or therelease of RSUs from the MEREP.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	MQG shares:
	• 979,407 MQG shares held by Nicholas
	Moore;
	• 131,433 MQG shares held by Venamay
	Pty Limited; and
	• 255,613 MQG shares held by Nicholas
	Moore in bare trust for Venamay Pty
	Limited.
	MEREP Awards held by Nicholas Moore:
	• 607,290 RSUs; and
	• 293,740 PSUs.
	MQG options held by Nicholas Moore as
	described above before the change.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of	Grant and exercise of PSUs and release of
securities under dividend reinvestment plan, participation in buy-back	vested RSUs from the MEREP.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written No clearance was required?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

Date: 22 August 2011

• See chapter 19 for defined terms.

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