MACQUARIE TECHNOLOGY GROUP LIMITED — Director's Dealing 2009

Nov 11, 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	19 October 2004

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	Direct (if any) and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Major Halfpenney Pty Ltd (ACN 099 228 467) in its capacity as trustee for the Palfreyman Family Superannuation Fund. Mr Palfreyman is a director and shareholder (as to 50%) of Major Halfpenney Pty Ltd and a beneficiary of the Palfreyman Family Superannuation Fund
Date of change	11 November 2009
No. of securities held prior to change	10,000 Ordinary Shares 40,000 Options
Class	Ordinary Shares Options exerciseable at $1.90 expiring on 29 November 2009
Number acquired	40,000 shares
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$1.90 per share

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	50,000 ordinary shares including 40,000 held directly in the name of John Palfreyman and 10,000 held by Major Halfpenney Pty Ltd (ACN 099 228 467) in its capacity as trustee for the Palfreyman Family Superannuation Fund.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of options

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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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002