Macquarie Group Limited — Director's Dealing 2012

May 30, 2012

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

31 May 2012

Mr Elvis Onyura Adviser, Issuers (Sydney) Australian Securities Exchange

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Dear Elvis

Macquarie Group Limited (MQG) - Appendix 3Y

Please find attached an Appendix 3Y for Ms Diane Grady pursuant to ASX Listing Rule 3.19A. The notice was not lodged within the requisite timeframe due to a misunderstanding regarding the Macquarie trade clearance process, which meant that separate notification of the trade was not made to the Company Secretarial Division, as expected by the Director. The trade was also recorded under a new Holder Identification Number rather than the shareholders’ existing account, in which changes are automatically tracked by the share registry. The notice was prepared and lodged as soon as practicable once Company Secretarial Division became aware of the purchase of the shares.

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/289434_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 Diane J Grady Date of last notice 20 December 2011

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 Christopher Komor &Diane Grady as trustee for the GradyKomor Superannuation Fund, of whichDiane Gradyis a beneficiary.
Date of change	16 May 2012
No. of securities held prior to change	2,114 Macquarie Group Limited fully paidordinary (MQG)shares.
Class	MQG shares.
Number acquired	1,000 MQG shares.
Number disposed	Nil.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$27.29 per MQG share.
No. of securities held after change	3,114 MQG shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-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.

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----- 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 inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed N/A – trade placed during above traded during a[+] closed period where prior written Staff Trading Window. clearance was required? 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?

Dated: 31 May 2012

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011