Airline Partners Australia bidder’s statement - recommended cash offer for Qantas Airways Limited

02 February 2007

Macquarie Bank Limited notes the attached Bidder’s Statement lodged today by Airline Partners Australia with the Australian Securities & Investments Commission and Australian Securities Exchange. Also attached is a Media Release from Airline Partners Australia in relation to the Bidder’s Statement.

The investors which own Airline Partners Australia will include Allco Finance Group, Allco Equity Partners, Macquarie Bank, TPG and Onex Partners.

Macquarie Bank is acting as lead financial adviser and debt arranger to Airline Partners Australia.

Airline Partners Australia media release

For more information, please contact

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

Stephen Yan
Macquarie Bank Public Relations
Tel: (612) 8232 2788

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