Macquarie seeks leave to appeal to the High Court over Macquarie Income Securities tax case

11 October 2005

Macquarie Finance Limited today filed an application for special leave to appeal to the High Court in connection with the disallowance of tax deductions for interest paid on its debentures (which are a component of Macquarie Income Securities (MIS).

This follows the September 16, 2005 judgement of the Full Federal Court of Australia. In the Bank’s statement at the time Macquarie noted it was fully provided against the exposure. The appeal will not impact the holders of MIS.

For further information, please contact:

Greg Ward
Chief Financial Officer
Macquarie Bank Limited
Tel: (612) 8232 3543

Jenny Kovacs
Investor Relations
Macquarie Bank Limited
Tel: (612) 8232 3250
Mobile: (614) 1354 6547

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

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