MACQUARIE TECHNOLOGY GROUP LIMITED — Earnings Release 2009

Nov 12, 2008

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13 November 2008

Macquarie Telecom Earnings Guidance Upgrade 2009 Half-Year Results

Australian carrier Macquarie Telecom (ASX: MAQ) today announced upgraded earnings guidance for the first half of fiscal 2009.

Earnings before interest, tax, depreciation and amortisation (EBITDA) for the first half of fiscal 2009 is expected to be between $9 million and $10 million, up more than 50% from the previous corresponding period. In addition, Macquarie Telecom announced that it expects to achieve a Net Profit after Tax (NPAT) for the first half of fiscal 2009.

Macquarie Telecom’s Data & Hosting businesses have continued to perform strongly and underlie the expected strong result for the first half of fiscal 2009. Macquarie Telecom’s revenue mix also continues to improve, with its higher margin Data & Hosting businesses generating increased contributions.

Macquarie Telecom’s Chairman, Robert Kaye, said: “Macquarie Telecom is delivering on its strategy. Genuine momentum exists within the business as we benefit from our strategic investment programs in infrastructure, IP-based products, services and data and security expertise. Today’s upgraded earnings guidance reflects the translation of these investment programs into increased profitability, especially in our higher margin Data & Hosting businesses.”

Chief Executive, David Tudehope, said: “This expected result supports the strategic direction we have taken as we build momentum in our higher margin Data & Hosting businesses. These businesses are demonstrating scalable profit growth and, as a result, we expect profitability in fiscal 2009 to continue on a solid growth path as our investments increasingly deliver benefits.”

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For more information, please contact:

Chris Savage , Savage & Partners: (02) 8281 3231 or 0404 012 266

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