Macquarie Group Limited — Director's Dealing 2011

Apr 28, 2011

Macquarie Group Limited ABN 94 122 169 279

No.1 Martin Place Telephone (61 2) 8232 3333 Sydney NSW 2000 Facsimile (61 2) 8232 7780 GPO Box 4294 Internet http://www.macquarie.com.au Sydney NSW 1164 AUSTRALIA

29 April 2011

Ms Suzanna Dabski Senior Adviser, Issuers (Sydney) Australian Securities Exchange

==> picture [72 x 73] intentionally omitted <==

Dear Suzanna

Macquarie Group Limited (MQG) - Appendix 3Y

Please find attached an Appendix 3Y for Mr Kevin McCann pursuant to ASX Listing Rule 3.19A. The notice was not lodged within the requisite timeframe due to a misunderstanding regarding the status of the relevant management company, subsequent to the sale by Macquarie of the management rights to the relevant trust to Charter Hall in 2010. We note that while Macquarie remains the owner of the company, it no longer has an economic interest in the management rights. The notice was prepared and lodged as soon as practicable once Company Secretarial Division received advice of the sale of the units.

Macquarie has a range of processes in place to ensure compliance with Listing Rule 3.19A, including monitoring by Macquarie staff, the registry and liaison with directors. Macquarie does not consider that any further arrangements to ensure compliance need to be introduced.

Yours sincerely

Dennis Leong Company Secretary

Macquarie Group Limited is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cwth), and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Macquarie Group Limited.

cag_syd_cosec_prd/289497_1

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	H K McCann
Date of last notice	17 September 2010 re: Charter Hall Retail REIT (“CQR”).

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Securities held by H J McCann Investments PtyLimited as trustee of HK McCannSuperannuation Fund, of which H K McCann is abeneficiary.
Date of change	31 December 2010
No. of securities held prior to change	22,483 CQR units.
Class	CQR units.
Number acquired	Nil
Number disposed	22,483 CQR units.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$2.98 per CQR unit.
No. of securities held after change	Nil.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market trade.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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.

==> picture [433 x 294] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Date: 29 April 2011

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011