Macquarie acquires nine retail malls in China

27 July 2005

A company indirectly owned by Macquarie Bank Limited and a syndicate of institutional investors have purchased a portfolio of nine retail malls in the People’s Republic of China from a significant local property owner. The properties are located in major shopping precincts and are underpinned by long term leases to a strong mix of tenants.

The Macquarie Group has contributed approximately $US38 million of senior debt and $US55 million of equity, representing approximately 24 per cent of equity raised. Macquarie will investigate a number of options for its interests in the properties including the possible partial transfer into a Macquarie managed fund within 18 months

The transaction has no material impact on the Bank’s capital ratios.

For further information, please contact:

Lotte Pang
Media Relations, Hong Kong
Tel: (852) 9805 4070

Matthew Russell
Public Relations
Macquarie Bank Limited
Tel: (612) 8232 4102
Mobile: (614) 1069 9532

Erica Sibree
Investor Relations
Macquarie Bank Limited
Tel: (612) 8232 5008
Mobile: (614) 1302 6309

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