Macquarie Group Limited — Share Issue/Capital Change 2012

Jul 12, 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

13 July 2012

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 June to 30 June 2012 `

Since the last notification to the ASX on 15 June 2012 of the positions as at 31 May 2012:

• a) 4,423 fully paid ordinary shares have been issued pursuant to the Macquarie Group Employee Retained Equity Plan (“MEREP”).

• b) 656,456 fully paid ordinary shares have been cancelled after being acquired under the Macquarie Group Limited (“MGL”) share buy-back announced to the market on 27 April 2012.

Therefore, as at 30 June 2012, the number of issued fully paid ordinary shares in Macquarie Group Limited (“MGL”) was 347,979,236.

Since the notification to the ASX on 15 June 2012 of the positions as at 31 May 2012 the following further movements have occurred pursuant to the MEREP:

• 1,805,939 DSUs were granted;

• 3,689 DSUs have expired; and

• 14,807 DSUs have been exercised.

Therefore, as at 30 June 2012:

• the number of DSUs on issue was 4,750,712; and

• the number of Performance Share Units was 1,558,210.

The total number of ordinary shares on issue noted above includes 3,593,698 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

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

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issued under the MEREP, including allocation of ordinary shares on exercise of DSUs.

As at 30 June 2012 there were 513,951 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) Limited, a subsidiary of MGL, which may be exchanged into 513,951 fully paid ordinary shares in MGL, issued as part of the acquisition of Orion Financial Inc. (“Orion”) in December 2007.

As advised to ASX on 27 September 2007, there are also retention agreements in place with key former Orion employees issued as part of the acquisition of Orion in December 2007. At 30 June 2012, under the agreements a total of 32,002 fully paid ordinary shares in MGL may be allocated within the 5 year period from the date of acquisition.

As at 30 June 2012 there were 1,122,717 Exchangeable Shares on issue by Macquarie Capital Acquisitions (Canada) No.2 Limited which may be exchanged into 1,122,717 fully paid ordinary shares in MGL, issued as part of the acquisition of Tristone Capital Global (“Tristone”) in August 2009. There were a further 46,590 Exchangeable Shares on issue, which were issued under retention agreements in place with key former Tristone employees. There are a further 5,647 Exchangeable Shares on issue, which were issued from the exercise of retention options. A further 38,118 options over Exchangeable Shares were also on issue under retention agreements in place with key former Tristone employees.

Since the notification to ASX on 15 June 2012 of the positions as at 31 May 2012, there have been no new options issued under the Macquarie Group Employee Share Option Plan.

Since the notification to ASX on 15 June 2012 of the positions as at 31 May 2012, the following lapses of unexercised options have been processed between 1 June 2012 and 30 June 2012:

• 20,400 options exercisable at $87.77 each and expiring on 8 June 2012 (MQG0374);

• 23,005 options exercisable at $91.30 each and expiring on 22 June 2012 (MQG0375);

• 59,639 options exercisable at $71.41 each and expiring on 15 August 2012 (MQG0379);

• 2,000 options exercisable at $71.41 each and expiring on 10 September 2012 (MQG0382);

• 3,000 options exercisable at $59.58 each and expiring on 22 May 2013 (MQG0401);

• 1,000 options exercisable at $52.89 each and expiring on 10 June 2013 (MQG0402);

Macquarie Group Limited

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• 1,000 options exercisable at $47.29 each and expiring on 22 July 2013 (MQG0405);

• 7,127 options exercisable at $51.01 each and expiring on 8 August 2013 (MQG0406);

• 75,738 options exercisable at $53.91 each and expiring on 15 August 2013 (MQG0407);

• 6,666 options exercisable at $53.91 each and expiring on 22 August 2013 (MQG0408);

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

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

• 8,864 options exercisable at $32.39 each and expiring on 22 October 2013 (MQG0417);

• 2,057 options exercisable at $29.41 each and expiring on 8 April 2014 (MQG0428);

• 866 options exercisable at $49.32 each and expiring on 8 September 2014 (MQG0437);

• 1,116 options exercisable at $53.07 each and expiring on 22 September 2014 (MQG0438); and

• 1,925 options exercisable at $54.25 each and expiring on 8 October 2014 (MQG0439).

The number of options on issue at 30 June 2012 was 20,489,417, all exercisable into one share per option.

Yours faithfully

Nigel Donnelly Assistant Company Secretary

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 June 2012

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0376	63,677	$87.18	9/07/2012
MQG0377	37,481	$90.83	23/07/2012
MQG0378	23,999	$73.86	8/08/2012
MQG0379	6,732,041	$71.41	15/08/2012
MQG0380	39,486	$71.41	22/08/2012
MQG0381	34,000	$68.06	22/08/2012
MQG0382	65,303	$71.41	10/09/2012
MQG0383	89,441	$71.49	10/09/2012
MQG0384	1,000	$71.41	24/09/2012
MQG0385	63,298	$76.69	24/09/2012
MQG0386	476	$71.41	8/10/2012
MQG0387	24,334	$86.34	8/10/2012
MQG0388	35,012	$82.37	22/10/2012
MQG0389	41,256	$77.55	22/11/2012
MQG0390	202,337	$79.38	10/12/2012
MQG0391	38,608	$74.30	24/12/2012
MQG0392	35,602	$72.27	8/01/2013
MQG0393	29,336	$64.40	22/01/2013
MQG0394	116,771	$63.74	8/02/2013
MQG0395	27,139	$54.69	22/02/2013
MQG0396	31,994	$47.79	10/03/2013
MQG0397	30,333	$51.34	25/03/2013
MQG0398	96,666	$56.79	8/04/2013
MQG0399	12,521	$59.16	22/04/2013
MQG0400	66,076	$63.09	8/05/2013
MQG0401	28,000	$59.58	22/05/2013
MQG0402	32,387	$52.89	10/06/2013
MQG0403	6,000	$48.78	23/06/2013
MQG0404	22,000	$47.29	8/07/2013

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 June 2012

MQG		Exercise
Code	Number	Price	Expiry Date
MQG0405	20,288	$47.29	22/07/2013
MQG0406	23,087	$51.01	8/08/2013
MQG0407	11,315,507	$53.91	15/08/2013
MQG0408	46,541	$53.91	22/08/2013
MQG0409	55,238	$48.61	22/08/2013
MQG0410	16,702	$53.91	8/09/2013
MQG0411	76,000	$45.35	8/09/2013
MQG0412	67,851	$53.91	22/09/2013
MQG0413	68,964	$33.49	22/09/2013
MQG0414	75,347	$53.91	8/10/2013
MQG0415	52,444	$36.20	8/10/2013
MQG0416	72,224	$53.91	22/10/2013
MQG0417	9,524	$32.39	22/10/2013
MQG0418	32,725	$31.99	10/11/2013
MQG0419	12,608	$25.39	24/11/2013
MQG0420	32,288	$28.48	8/12/2013
MQG0421	26,332	$27.78	22/12/2013
MQG0422	25,000	$31.73	8/01/2014
MQG0423	12,000	$26.66	22/01/2014
MQG0424	25,000	$23.84	9/02/2014
MQG0425	10,000	$21.24	23/02/2014
MQG0426	16,956	$17.10	9/03/2014
MQG0427	10,000	$23.17	23/03/2014
MQG0428	80,974	$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	9,000	$37.17	22/06/2014
MQG0433	30,191	$36.73	8/07/2014

ATTACHMENT 1

Listing of Macquarie Group Limited Options

As at 30 June 2012

MQG Code	Number Exercise Price Expiry Date
MQG0434 MQG0435 MQG0436 MQG0437 MQG0438 MQG0439 MQG0440 MQG0441	13,000 $39.03 22/07/2014 9,666 $44.21 10/08/2014 3,000 $45.71 24/08/2014 30,018 $49.32 8/09/2014 40,550 $53.07 22/09/2014 20,075 $54.25 8/10/2014 10,000 $54.26 22/10/2014 13,000 $48.48 08/12/2014 20,489,417