About Macquarie

Macquarie is a global financial institution with more than 14,600 employees in
over 70 locations in 28 countries. We specialise in sectors such as resources and energy, infrastructure, real estate and financial institutions.

Our people have the deepest knowledge in key sectors such as resources and energy, infrastructure, real estate and financial institutions. They provide services in:

Institutional cash equities
Fixed income, currencies and commodities trading
Corporate advisory

Equity and debt capital markets
Asset and investment management
Banking and financial services

Global Footprint

28 countries, over 70 locations, more than 14,600 employees
Specialists in resources and energy, infrastructure and utilities, real estate and financial institutions
World's eighth largest equities research platform¹
Top-five natural gas trader in North America²
Top-three ranked M&A advisory firm in the Asia-Pacific
Award-winning global project finance firm
Assets under management of approximately $US300 billion³

Key Activities

Operating income by source⁴

12 months to 31 March 2010

Institutional and retail cash equities
Equity derivatives
Macquarie-managed funds
(includes base and performance fees, M&A
advisory and underwriting and asset sales)
Securities funds management and administration

Third party M&A and advisory income
Asset and equity investments
Commodities, resources and foreign exchange
Lending, leasing and margin related income

By number of stocks under research coverage, as at 31 March 2010. Includes stocks to be initiated following the Sal. Oppenheim acquisition.
As at March 2010.
As at 31 March 2010.
Operating income before writedowns, impairments, equity accounted gains/(losses) and one-off items.

The information on this site is a description of the Macquarie Group for information purposes only. The information on this site does not constitute an advice, advertisement, invitation, offer, solicitation or a recommendation by any member of the Macquarie Group to buy or sell any securities, futures, options or any other financial products or instruments or to provide any banking or financial service and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice.

Macquarie Bank Limited ABN 46 008 583 542 (MBL) is authorised by the Australian Prudential Regulation Authority in the Commonwealth of Australia to carry out banking business and to accept deposits in Australia. Each of MBL, acting through its London branch, and Macquarie Bank International Limited (MBIL) is authorised and regulated by the UK Financial Services Authority to carry on banking business and to accept deposits in the United Kingdom. MBL, acting through its Seoul Branch, is authorised and regulated by the Financial Services Commission in Korea to carry out banking business in Korea.

Other than MBL and MBIL, Macquarie Group Limited and its related bodies corporate and affiliates are not otherwise currently authorised to carry out banking business or to accept deposits in any other jurisdiction.

Investments in funds are not deposits with, or other liabilities of, MBL and are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither MBL nor any other Macquarie Group entity guarantees any particular rate of return or the performance of any Macquarie Group company, subsidiary or fund, nor do they guarantee the repayment of capital from any fund.

Forward Thinking