Stanley Hartt Appointed Chairman Of Macquarie Capital Markets Canada Ltd.

05 March 2009

Toronto - Macquarie Group (Macquarie) today announced the appointment of Stanley Hartt, O.C., Q.C., as Chairman* of Macquarie Capital Markets Canada Ltd. The newly created full-time role reflects the continued expansion and breadth of Macquarie’s advisory and capital markets activities in Canada, which will benefit from Mr Hartt’s depth of experience in corporate and public life. Mr Hartt will be based in Toronto.

Prior to joining Macquarie, Mr Hartt was Chairman of Citigroup Global Markets Canada Inc. and previously served as the Federal Deputy Minister of Finance and Chief of Staff in the Office of the Prime Minister. As Chairman of Macquarie Capital Markets Canada Ltd., Mr Hartt will work closely with Macquarie’s senior management on developing new business and providing high-level strategic advice to Macquarie’s key clients.

Commenting on the appointment, Paul Donnelly, President and CEO of Macquarie Capital Markets Canada Ltd. said: "Stanley is widely recognized for his enormous contributions in both the private and public sector. His rare experience is well-suited to our range of activities and includes 20 years in legal practice, heading a major corporation, holding leadership positions in government and most recently, advising and raising capital for leading businesses.”

“As Macquarie continues to expand its advisory and capital markets franchise, Stanley’s diverse experience and insight will help drive Macquarie’s forward momentum in Canada. Stanley will be instrumental in fostering new partnerships and strengthening existing ones as Macquarie steps up to a new phase of growth here in Canada and in the region more broadly," said Mr Donnelly.

Macquarie Capital Markets Canada Ltd. brings together Macquarie’s advisory, capital markets and institutional securities’ activities in Canada. The firm’s advisory and capital markets teams specialize in a range of corporate advisory and capital markets services including mergers and acquisitions, capital markets, restructurings, project and structured finance as well as tailored strategic and financial advice. Macquarie's Canadian equities team provides clients with specialist equities research, sales and trading services across key TSX and TSX-Venture sectors.

Biographical Details – Stanley Hartt, O.C., Q.C.
Mr Hartt has spent his working life in Canada. After a legal career spanning 20 years at Stikeman Elliott, where he was Partner for 16 years, Mr Hartt served for five years in government, first as Federal Deputy Minister of Finance (1985 – 1988) and subsequently as Chief of Staff in the Office of the Prime Minister (1989 – 1990).

From 1990 to 1996, Mr Hartt was Chairman, President and CEO of Campeau Corporation (later O & Y Properties Corporation). In 1996, he was appointed as Chairman of Salomon Brothers Canada Inc. (later Citigroup Global Markets Canada), a role which he held for twelve years.

Mr Hartt has previously served as a director on several company boards, including: Sun Life Financial Inc., O & Y Properties Corporation, Gulf Canada Resources Ltd., Ultramar Corporation, Abitibi-Price Inc., Hong Kong Bank of Canada, Quaker Oats, Co. Canada, Beatrice Foods Inc., and Oshawa Group Limited.

About Macquarie
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Macquarie Group Limited is listed in Australia (ASX:MQG) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorized deposit taker. Macquarie’s activities are subject to the regulation by over 100 agencies around the world.

Founded in 1969, Macquarie operates in more than 27 countries and employs more than 12,800 people. Assets under management total more than $US171 billion (as of December 31, 2008).

Macquarie has had a permanent and growing presence in Canada since opening its first office in 1998. Macquarie employs more than 400 people in Canada with offices in Toronto, Vancouver, Calgary, Montreal and Winnipeg.

^{* subject to regulatory approval}