MACQUARIE TECHNOLOGY GROUP LIMITED — Capital/Financing Update 2009

Apr 29, 2009

30 April 2009

==> picture [108 x 37] intentionally omitted <==

==> picture [156 x 40] intentionally omitted <==

Macquarie Telecom Announces Earnings Guidance for 2009 Full Year Results

Australian carrier Macquarie Telecom (ASX: MAQ) today announced its earnings guidance for the full fiscal year 2009.

Earnings before interest, tax, depreciation and amortisation (EBITDA) for the full year ended June 30, 2009 is expected to be between $22 million and $24 million compared to the previous corresponding period result of $13.8 million.

“The result will be Macquarie Telecom’s best trading result for any full year, and demonstrates Macquarie is delivering on its strategy,” said Chief Executive David Tudehope.

Macquarie Telecom’s Data & Hosting businesses have continued to perform strongly and underlie the expected 2009 full year result. Macquarie Telecom’s revenue mix continues to improve, with its higher margin Data & Hosting businesses generating increased contributions.

Mr Tudehope said, “This expected result supports the strategic direction we have taken as we build momentum in our higher margin Data & Hosting businesses. During this period of significant economic volatility we have continued to invest in infrastructure upgrades and a strengthening of our sales and operations team. This expected result reinforces the fact that our award winning customer service and leadership in management tools continue to resonate strongly with our business and government customers.”

Macquarie Telecom maintains a strong balance sheet with cash and cash equivalents of $27.8 million as at 31 December 2008.

Macquarie Telecom will release its results for the full year ended 30 June 2009 on 27 August 2009.

--ends--

For more information, please contact:

Michael Mullane , Cannings Corporate Communications: (02) 8284 9993 or 0414 590 296

1

==> picture [108 x 37] intentionally omitted <==

==> picture [156 x 40] intentionally omitted <==

About Macquarie Telecom

Macquarie Telecom delivers a full range of hosting, data, voice and mobile services specifically to the business and government market. Established in 1992, Macquarie Telecom is one of the first telecommunication providers of the deregulated era and successfully publicly listed on the Australian Securities Exchange in October 1999. Macquarie Telecom operates Australia wide with offices in all states and a significant regional presence. On 26th November 2008, at the World Communication Awards in London, Macquarie Telecom was presented with the 'Best Customer Care' Award for its Personal Accountable Service. Macquarie Telecom was recognised on a global stage for its outstanding customer care program - Personal Accountable Service, its philosophy and strategy of delivering superior accountable customer service and care.

Head office, Level 20, 2 Market Street, Sydney 2000. www.macquarietelecom.com

2