Macquarie Bank Limited Seoul Branch

Macquarie Bank Limited Seoul Branch was established in December 2009 to deliver banking services and products including corporate banking, foreign exchange and other trading services to corporate and institutional clients.

Macquarie Bank Limited Seoul Branch will focus on the areas where Macquarie believes it has competitive advantages. The branch will allow Macquarie to offer risk management services to Korean based companies, utilities and industrials.

Macquarie Bank Limited is a bank duly organised and existing under the laws of the Australian Banking Act 1959 and has its principal office and place of business at No. 1 Martin Place, Sydney 2000, New South Wales, Australia.

Establishing the bank branch in Seoul is a long term commitment of Macquarie to the Korean market. Macquarie's Seoul branch will work as a consolidated platform to better serve Macquarie's clients in Korea.

Based on more than 10 years' experience in Korea, Macquarie's Seoul branch will also complement its current businesses in Securities, M&A and the Equity Capital Markets activities.

Macquarie Bank Seoul Branch plans to start operations in the first quarter of 2010 with about 20 staff for corporate and institutional clients.