Macquarie Group Chairman leave of absence extended

Further to the announcement of 28 November 2008 regarding Macquarie Group Limited (“MQG”) Chairman, David Clarke, taking a period of six months leave of absence due to illness, the Board of MQG advises that during this period Mr Clarke’s health has improved significantly. He has, nevertheless, been granted an extension of his leave of absence until 31 August 2009 at which time he expects to resume full duties as Chairman of MQG. Mr Kevin McCann will continue as Acting Chairman during this period.