MACQUARIE TECHNOLOGY GROUP LIMITED — Director's Dealing 2009

Dec 7, 2009

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 30/9/2001.

Name of entity Macquarie Telecom Group Limited

ABN 72 056 712 228

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	John Palfreyman
Date of last notice	12 November 2009

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 Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Date of change No. of securities held prior to change Class Number acquired Number disposed Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation No. of securities held after change Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

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.

Detail of contract	Options to subscribe for ordinary shares in thecompany, exerciseable at $4.14 per option, granted bythe company on 07 December 2009.The options vest on 27 November 2011 and lapse on 27November 2014.The Options can only be exercised if at any time prior tothe date of exercise the market price of the company’sshares on the ASX has been equal to or greater than thehigher of:�$5.00; or�an amount that is forty percent (40%) more thanthe exercise price,fora sequentialperiod of 10 trading days
Nature of interest	Direct
Name of registered holder(if issued securities)	-
Date of change	07 December 2009
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	Nil
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	Nil
Interest after change	40,000 Options

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002