Overview

BrisConnections Update

12 November 2012

Following today’s ASX update by BrisConnections (ASX: BCS), Macquarie Group (ASX: MQG; ADR: MQBKY) notes the following:

  • Macquarie Group currently holds 178,147,059 stapled securities in BrisConnections.
  • At its last reporting date (30 September 2012), the carrying value of Macquarie’s investment in BrisConnections was substantially below the issue price of the stapled securities and its then market price.
  • In the event the current carrying value of Macquarie Group’s investment in BrisConnections needs to be impaired, partly or wholly, the impact on future results is not expected to be material.

 

Contacts
Karen Khadi
Macquarie Group Investor Relations
+61 2 8232 3548

Lisa Jamieson
Macquarie Group Media Relations
+61 2 8232 6016