Singapore, 18 September 2008 –

(MIIF) today noted that Standard and Poor’s (S&P) had reaffirmed its ratings for the

Macquarie group of companies (the Group)

credit ratings on Macquarie Bank Limited, and ‘A’ long term and ‘A-2’ short term issuer

credit ratings on Macquarie Group Limited, Macquarie Financial Holdings Limited, and

Macquarie International Finance Limited. MIIF is managed by Macquarie Infrastructure

Management (Asia) Pty Limited (MIMAL), a wholly owned subsidiary of Macquarie

Group Limited.

In addition, Moody’s Investor Service has affirmed, with a stable outlook, the A1/Prime-1

deposit and debt ratings of Macquarie Bank Limited. Macquarie Group Limited and

Macquarie International Finance issuer and debt ratings were reaffirmed at A2/Prime-1.

Mr Gavin Kerr, Managing Director of MIMAL, noted the comments by Mr Greg Ward, the

Group’s Chief Financial Officer, who said that “while current markets are challenging, the

Group remains profitable, well capitalised and well funded with liquid assets of more than

$A20 billion as at 30 June 2008. The Group’s existing long term funding sources exceed

the Group’s long term assets and the Group has raised over $A6 billion of long term

funding from various sources since 31 March 2008. As we have previously noted, we have

been carefully managing exposures to professional counterparties for some time.”

Macquarie Group Limited is regulated by the Australian Prudential Regulation Authority

(APRA) as a holding company of an Australian bank. In addition the Group’s operations

are subject to regulation by over 100 regulatory agencies around the world.

Mr Kerr also noted that the Group had advised that it had exposures of $A21 million to

Lehman Brothers group and $A33 million to American International Group which

separately and combined are not material.

MIIF anticipates continued solid performance across its infrastructure businesses for the

remainder of FY2008. MIIF will continue to focus on existing operations, particularly on

cost control and performance enhancement, as well as reviewing potential acquisition