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Macquarie Capital Hires Peter Kind into U.S. Power, Utilities and Renewables Group

16 September 2009

NEW YORK — Macquarie Capital (USA) Inc. (“Macquarie Capital”) today announced that Peter Kind has joined the firm as a Senior Managing Director in its U.S. advisory and capital markets business, focusing on the power, utilities and renewable energy sectors. Mr Kind joins Macquarie Capital’s team of 30 U.S. power, utility and renewable energy professionals based in New York and Austin.

Peter Kind has over 25 years of investment banking experience covering the power and utilities sectors. He has an established track record of significant leadership contributions to the success of several power investment banking franchises, including Bank of America, Citigroup and Kidder, Peabody. Mr Kind has worked on several of the most innovative M&A, lending and capital markets transactions in his industry, including the Investment Dealers' Digest 2004 Deal of the Year in Power for his role as exclusive advisor to CenterPoint Energy in the sale of their Texas Genco subsidiary.

“We see significant opportunities in the changing U.S. investment banking landscape and are committed to investing in and expanding our U.S. based advisory and capital markets platform,” said Tim Bishop, President & CEO of Macquarie Capital (USA) Inc. "Macquarie has a long history of advising power and utility companies in the U.S. and around the world and we are pleased to have someone with Peter's reputation, client relationships and advisory skills join our U.S. team. We expect Peter to make a significant contribution in expanding our client relationships and enhancing the capabilities we offer our clients," Bishop added.

Mr Kind joins Macquarie Capital from Bank of America Securities where from 2005-2009 he was a Managing Director and Head of Power Corporate and Investment Banking. Prior to joining Bank of America, from 1997-2005 Mr Kind was a senior member of the Power team with Citigroup’s Global Energy, Power and Chemicals Group, serving as the team’s co-Head from 2003-2005. Mr Kind has worked with a number of clients in the power sector during his career, including advising on significant transactions for Allegheny Energy, Avista Corp, CenterPoint Energy, Constellation Energy, DTE Energy, Exelon Corp, FPL Group, Integrys Energy, KeySpan Corp, Nisource Corporation, NRG Energy, NV Energy, OGE Energy, PacifiCorp, PG&E Corp, PNM Resources, Progress Energy, Sempra Energy, Teco Energy, TVA, Westar Energy, Wisconsin Energy and Xcel Energy.

Mr Kind is currently co-Chairman of the Edison Electric Institute’s Wall Street Advisory Group. He is a Certified Public Accountant and holds an MBA from NYU’s Stern School of Business and a BS in Accounting from Iona College.

About Macquarie Capital

Macquarie Capital comprises Macquarie Group’s corporate advisory, capital markets, underwriting, wholesale structuring, specialist funds (including infrastructure and real estate funds) and private equity capabilities.

With offices in North America, Asia, Europe, Australia, New Zealand, South Africa and the Middle East, Macquarie Capital provides a depth of services including specialist capabilities in mergers and acquisitions, takeovers and corporate restructuring advice, equity and debt capital markets, specialized funds management, private equity placements and principal products.

Macquarie has had a growing presence in North America since opening its first permanent office in New York in 1994. Macquarie Capital has offices in New York, Chicago, Los Angeles, Austin, Atlanta, Troy, Toronto, Vancouver, Calgary and Montreal. In the United States, Macquarie Capital Advisors operates through Macquarie Capital (USA) Inc., a member of the Securities Investor Protection Corporation.

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.

Founded in 1969, Macquarie operates in 27 countries and employs approximately 12,500 people. Assets under management total more than $US190 billion (as of July 31, 2009).

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