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MACQUARIE TECHNOLOGY GROUP LIMITED Earnings Release 2010

Jul 4, 2010

65295_rns_2010-07-04_66ad750a-7b5c-4c78-bff0-233c09326d19.pdf

Earnings Release

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4 July 2010

Macquarie Telecom Announces Earnings Guidance Upgrade for 2010 Full-Year Results

Australian carrier Macquarie Telecom (ASX: MAQ) today announced upgraded earnings guidance for the full year ended 30 June 2010.

Earnings before interest, tax, depreciation and amortisation (EBITDA) from continuing operations for the full year is expected to be between $28 million and $29 million, an increase of approximately 22 per cent on the previous corresponding period.

In addition, Macquarie Telecom announced that it maintains a strong balance sheet with cash and cash equivalents of $56.3 million as at 30 June 2010.

Macquarie Telecom’s Hosting business has continued to perform strongly and is a key driver of the strong result. Macquarie Telecom’s revenue mix also continues to improve, with its higher margin Hosting business generating increased contributions.

Chief Executive David Tudehope said: “This result supports the strategic direction we have taken as we build momentum in our higher margin Hosting business. Over the next fiscal year we intend to invest approximately an additional $15 million over our current capital expenditure run rate to expand our Hosting capacity to support growth in this business.”

It should be noted that these results are preliminary in nature and subject to final review by the company and its external auditors.

Macquarie Telecom will release its results for the year ended 30 June 2010 on 26 August 2010.

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For more information, please contact:

MAGNUS Investor Relations + Corporate Communication:

John Gardner (02) 9286 0260 or 0413 355 997, Sally Collett (02) 9286 0262

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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 has been recently judged the best telecommunications provider for customer care in the World at the World Communication Awards in November 2008. Macquarie Telecom was honoured with the “Best Customer Care” because of its unique Personal Accountable Service (PAS) program. PAS is their attitude and commitment to delivering a superior experience for customers through Ownership, Proactivity, Communication and Responsiveness.

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

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