Macquarie Group Limited — Share Issue/Capital Change 2011

Aug 11, 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

12 August 2011

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000

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Dear Sir/Madam

Macquarie Group Limited - Issued Ordinary Capital and Options Update – 1 July to 31 July 2011

Since the last notification to the ASX on 14 July 2011 of the positions as at 30 June 2011;

• (a) 1,407,153 fully paid ordinary shares were issued on 4 July 2011 at the price of $34.60 each pursuant to the Macquarie Group Limited (“MGL”) Dividend Reinvestment Plan.

• (b) 10,992 fully paid ordinary shares were issued on 14 July 2011 at a price of $80.30 each on retraction of exchangeable shares issued by Macquarie Capital Acquisitions (Canada) Limited, a subsidiary of MGL, pursuant to the retention agreements entered into with key Orion Financial Inc. (“Orion”) employees shortly after the completion of the acquisition by Macquarie of Orion in December 2007.

• (c) 1,230 options exercisable at $26.66 each and expiring on 22 January 2014 (MQG0423) have been exercised (converting into one newly issued fully paid share per option).

Therefore, as at 31 July 2011, the number of issued fully paid ordinary shares in MGL was 348,276,927.

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.

Macquarie Group Limited

2

Since the notification to the ASX on 14 July 2011 of the positions as at 30 June 2011 the following movements have occurred pursuant to the Macquarie Group Employee Retained Equity Plan (“MEREP”):

• 52,317 Deferred Share Units (“DSUs”) were granted;

• 32,204 DSUs have expired;

• 252 DSUs have been exercised; and

• 48,456 Performance Share Units (“PSUs”) have expired.

Therefore, as at 31 July 2011:

• the number of DSUs on issue was 3,303,894; and

• the number of PSUs was 663,937.

The total number of ordinary shares on issue noted above includes 2,514,973 ordinary shares held by the MEREP Trustee (“Trustee”) in a reserve account and which may be used to satisfy the obligations of MGL in respect of DSUs issued under the MEREP, including allocation of ordinary shares on exercise of DSUs.

As at 31 July 2011 there were 759,351 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) Limited, a subsidiary of MGL, which may be exchanged into 759,351 fully paid ordinary shares in MGL, issued as part of the acquisition of Orion in December 2007.

As advised to ASX on 27 September 2007, there are also retention agreements in place with key former Orion employees. Under the agreements a total of 66,668 fully paid ordinary shares in MGL may be allocated within the 5 year period from the date of acquisition.

As at 31 July 2011 there were 1,133,926 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) No.2 Limited which may be exchanged into 1,133,926 fully paid ordinary shares in MGL, issued as part of the acquisition of Tristone Capital Global Inc. (“Tristone”) in August 2009. There were a further 56,514 Exchangeable Shares on issue, which were issued under retention agreements in place with key former Tristone employees. A further 81,884 options over Exchangeable Shares were also on issue under retention agreements in place with key former Tristone employees.

Since the notification to ASX on 14 July 2011 of the positions as at 30 June 2011, there have been no new options issued under the Macquarie Group Employee Share Option Plan.

Since the notification to ASX on 14 July 2011 of the positions as at 30 June 2011, the following lapses of unexercised options have been processed between 1 July 2011 and 31 July 2011:

• 10,310 options exercisable at $68.03 each and expiring on 10 July 2011 (MQG0337);

Macquarie Group Limited

3

• 8,000 options exercisable at $62.75 each and expiring on 22 July 2011 (MQG0338);

• 91,089 options exercisable at $61.79 each and expiring on 1 August 2011 (MQG0339);

• 4,000 options exercisable at $61.03 each and expiring on 22 August 2011 (MQG0343);

• 4,000 options exercisable at $64.43 each and expiring on 8 September 2011 (MQG0345);

• 2,666 options exercisable at $80.04 each and expiring on 8 June 2012 (MQG0373);

• 2,666 options exercisable at $87.18 each and expiring on 9 July 2012 (MQG0376);

• 125,862 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 325 options exercisable at $71.41 each and expiring on 22 August 2012 (MQG0380);

• 3,668 options exercisable at $68.06 each and expiring on 22 August 2012 (MQG0381);

• 1,871 options exercisable at $71.41 each and expiring on 10 September 2012 (MQG0382);

• 2,666 options exercisable at $79.38 each and expiring on 10 December 2012 (MQG0390);

• 20,051 options exercisable at $64.40 each and expiring on 22 January 2013 (MQG0393);

• 9,002 options exercisable at $52.89 each and expiring on 10 June 2013 (MQG0402);

• 4,870 options exercisable at $48.78 each and expiring on 23 June 2013 (MQG0403);

• 319,314 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407);

• 2,167 options exercisable at $53.91 each and expiring on 22 August 2013 (MQG0408);

• 3,334 options exercisable at $45.35 each and expiring on 8 September 2013 (MQG0411);

Macquarie Group Limited

4

• 863 options exercisable at $53.91 each and expiring on 22 September 2013 (MQG0412);

• 520 options exercisable at $53.91 each and expiring on 8 October 2013 (MQG0414);

• 2,000 options exercisable at $36.20 each and expiring on 8 October 2013 (MQG0415);

• 6,013 options exercisable at $53.91 each and expiring on 22 October 2013 (MQG0416);

• 4,073 options exercisable at $31.99 each and expiring on 10 November 2013 (MQG0418);

• 385 options exercisable at $25.39 each and expiring on 24 November 2013 (MQG0419);

• 2,772 options exercisable at $31.73 each and expiring on 8 January 2014 (MQG0422); and

• 5,000 options exercisable at $23.17 each and expiring on 23 March 2014 (MQG0427).

The number of options on issue at 31 July 2011 was 31,081,760 all exercisable into one share per option.

Yours faithfully

Nigel Donnelly Assistant Company Secretary

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 July 2011

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0339	7,010,443	$61.79	1/08/2011
MQG0340	19,114	$61.79	8/08/2011
MQG0341	55,400	$60.99	8/08/2011
MQG0342	16,952	$61.79	22/08/2011
MQG0343	44,435	$61.03	22/08/2011
MQG0344	4,000	$61.79	8/09/2011
MQG0345	128,677	$64.43	8/09/2011
MQG0346	1,958	$61.79	22/09/2011
MQG0347	18,000	$65.96	22/09/2011
MQG0348	3,060	$61.79	9/10/2011
MQG0349	51,666	$69.47	9/10/2011
MQG0350	4,000	$64.43	9/10/2011
MQG0351	11,000	$64.43	23/10/2011
MQG0352	26,000	$72.17	23/10/2011
MQG0353	42,582	$73.31	8/11/2011
MQG0354	35,390	$73.31	20/11/2011
MQG0355	6,667	$74.11	22/11/2011
MQG0356	14,565	$71.92	8/12/2011
MQG0357	48,960	$75.57	22/12/2011
MQG0358	8,000	$78.24	8/01/2012
MQG0359	41,909	$79.33	22/01/2012
MQG0360	20,870	$82.57	8/02/2012
MQG0361	6,150	$83.55	22/02/2012
MQG0362	17,061	$80.01	8/03/2012
MQG0363	57,084	$80.04	22/03/2012
MQG0364	4,000	$60.99	22/03/2012
MQG0366	20,411	$85.30	10/04/2012
MQG0367	93,894	$87.73	23/04/2012
MQG0371	20,339	$89.76	8/05/2012
MQG0372	77,452	$94.48	22/05/2012
MQG0374	24,400	$87.77	8/06/2012
MQG0375	27,005	$91.30	22/06/2012
MQG0376	67,677	$87.18	9/07/2012
MQG0377	45,481	$90.83	23/07/2012
MQG0378	23,999	$73.86	8/08/2012
MQG0379	7,511,853	$71.41	15/08/2012
MQG0380	39,486	$71.41	22/08/2012
MQG0381	48,664	$68.06	22/08/2012
MQG0382	72,600	$71.41	10/09/2012
MQG0383	94,773	$71.49	10/09/2012
MQG0384	1,000	$71.41	24/09/2012
MQG0385	76,430	$76.69	24/09/2012
MQG0386	476	$71.41	8/10/2012
MQG0387	24,334	$86.34	8/10/2012
MQG0388	63,678	$82.37	22/10/2012
MQG0389	41,256	$77.55	22/11/2012

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 July 2011

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0390	218,327	$79.38	10/12/2012
MQG0391	42,608	$74.30	24/12/2012
MQG0392	43,602	$72.27	8/01/2013
MQG0393	37,336	$64.40	22/01/2013
MQG0394	124,690	$63.74	8/02/2013
MQG0395	27,139	$54.69	22/02/2013
MQG0396	41,576	$47.79	10/03/2013
MQG0397	49,667	$51.34	25/03/2013
MQG0398	113,334	$56.79	8/04/2013
MQG0399	16,790	$59.16	22/04/2013
MQG0400	69,076	$63.09	8/05/2013
MQG0401	32,000	$59.58	22/05/2013
MQG0402	52,385	$52.89	10/06/2013
MQG0403	6,000	$48.78	23/06/2013
MQG0404	28,196	$47.29	8/07/2013
MQG0405	25,288	$47.29	22/07/2013
MQG0406	43,700	$51.01	8/08/2013
MQG0407	12,698,727	$53.91	15/08/2013
MQG0408	60,541	$53.91	22/08/2013
MQG0409	70,237	$48.61	22/08/2013
MQG0410	16,702	$53.91	8/09/2013
MQG0411	93,143	$45.35	8/09/2013
MQG0412	68,456	$53.91	22/09/2013
MQG0413	76,215	$33.49	22/09/2013
MQG0414	76,183	$53.91	8/10/2013
MQG0415	61,054	$36.20	8/10/2013
MQG0416	83,254	$53.91	22/10/2013
MQG0417	42,778	$32.39	22/10/2013
MQG0418	44,786	$31.99	10/11/2013
MQG0419	15,449	$25.39	24/11/2013
MQG0420	33,538	$28.48	8/12/2013
MQG0421	32,000	$27.78	22/12/2013
MQG0422	38,228	$31.73	8/01/2014
MQG0423	17,000	$26.66	22/01/2014
MQG0424	28,000	$23.84	9/02/2014
MQG0425	10,000	$21.24	23/02/2014
MQG0426	18,332	$17.10	9/03/2014
MQG0427	15,000	$23.17	23/03/2014
MQG0428	90,071	$29.41	8/04/2014
MQG0429	66,000	$30.89	22/04/2014
MQG0430	31,743	$34.02	8/05/2014
MQG0431	3,000	$36.87	9/06/2014
MQG0432	15,000	$37.17	22/06/2014
MQG0433	41,725	$36.73	8/07/2014
MQG0434	13,000	$39.03	22/07/2014
MQG0435	18,000	$44.21	10/08/2014

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 31 July 2011

MQG Code	Number Exercise Price Expiry Date
MQG0436 MQG0437 MQG0438 MQG0439 MQG0440 MQG0441	4,683 $45.71 24/08/2014 45,000 $49.32 8/09/2014 51,000 $53.07 22/09/2014 31,000 $54.25 8/10/2014 14,050 $54.26 22/10/2014 13,000 $48.48 8/12/2014 31,081,760