Macquarie Alternative Listed Protected Securities

APSSM1 11 January 2005

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities ("ALPS") (ASX code: APSSM1) pursuant to a Product Disclosure Statement dated 8 October 2004 which is linked to a Reference Basket of 64 Securities.

The Initial Price for each Security is determined as the arithmetic average of the Volume Weighted Average Price for each of the 5 Trading Days up to and including the Start Date (10 January 2005). The Knockout Price for each Security is determined as 50% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows:

ASX Code	Company	Initial Price	Knockout Price
ADB	Adelaide Bank Limited	$10.45	$5.22
ALN	Alinta Limited	$8.53	$4.26
AMC	Amcor Limited	$7.36	$3.68
ANZ	Australia and New Zealand Banking Group Limited	$20.55	$10.28
APN	APN News & Media Limited	$5.12	$2.56
AWB	AWB Limited	$4.63	$2.31
AWC	Alumina Limited	$5.90	$2.95
AWE	Australian Worldwide Exploration Limited	$1.76	$0.88
BBG	Billabong International Limited	$11.50	$5.75
BHP	BHP Billiton Limited	$15.10	$7.55
BLD	Boral Limited	$6.86	$3.43
BOQ	Bank of Queensland Limited	$10.97	$5.48
BSL	BlueScope Steel Limited	$8.36	$4.18
CBA	Commonwealth Bank of Australia	$32.29	$16.14
CCL	Coca-Cola Amatil Limited	$8.06	$4.03
CGF	Challenger Financial Services Group Limited	$2.94	$1.47
CPU	Computershare Limited	$5.95	$2.97
CRS	Croesus Mining NL	$0.59	$0.29
CSR	CSR Limited	$2.67	$1.34
DVC	DCA Group Limited	$3.56	$1.78
FCL	Futuris Corporation Limited	$2.16	$1.08
FGL	Foster's Group Limited	$5.83	$2.91
FPA	Fisher & Paykel Appliances Holdings Limited	$3.99	$1.99
FXJ	Fairfax (John) Holdings Limited	$4.49	$2.24
HDR	Hardman Resources Limited	$1.58	$0.79
HVN	Harvey Norman Holdings Limited	$3.10	$1.55
IAG	Insurance Australia Group Limited	$6.40	$3.20
JBH	JB Hi-Fi Limited	$3.80	$1.90
JBM	Jubilee Mines NL	$4.44	$2.22
JST	Just Group Limited	$2.82	$1.41
KCN	Kingsgate Consolidated Limited	$2.44	$1.22
LEI	Leighton Holdings Limited	$12.26	$6.13
LNN	Lion Nathan Limited	$8.58	$4.29
MGW	McGuigan Simeon Wines Limited	$5.61	$2.80
ORG	Origin Energy Limited	$7.00	$3.50
OST	OneSteel Limited	$2.60	$1.30
OXR	Oxiana Limited	$0.94	$0.47
PBL	Publishing & Broadcasting Limited	$17.21	$8.61
PMN	Promina Group Limited	$5.43	$2.72
PPT	Perpetual Trustees Australia Limited	$63.77	$31.88
PPX	Paperlinx Limited	$4.72	$2.36
PRK	Patrick Corporation Limited	$6.60	$3.30
QAN	Qantas Airways Limited	$3.69	$1.84
RIN	Rinker Group Limited	$10.47	$5.24
RIO	Rio Tinto Limited	$39.17	$19.58
RMD	ResMed Inc.	$6.64	$3.32
SEV	Seven Network Limited	$6.46	$3.23
SGB	St. George Bank Limited	$25.24	$12.62
SHL	Sonic Healthcare Limited	$12.02	$6.01
SIG	Sigma Company Limited	$9.43	$4.71
SMS	Sims Group Limited	$17.38	$8.69
SUN	Suncorp-Metway Limited	$17.37	$8.68
TAH	Tabcorp Holdings Limited	$17.47	$8.73
TAP	Tap Oil Limited	$1.65	$0.83
TCL	Transurban Group	$6.82	$3.41
TEN	Ten Network Holdings Limited	$4.25	$2.12
TOL	Toll Holdings Limited	$12.77	$6.38
TSE	Transfield Services Limited	$6.73	$3.36
WBC	Westpac Banking Corporation	$19.38	$9.69
WDC	Westfield Group	$16.75	$8.37
WES	Wesfarmers Limited	$39.95	$19.98
WMR	WMC Resources Limited	$7.26	$3.63
WOW	Woolworths Limited	$14.84	$7.42
WPL	Woodside Petroleum Limited	$20.15	$10.08

APSSM2 11 April 2005

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities Series 2 ("ALPS") (ASX code: APSSM2) pursuant to a Product Disclosure Statement dated 18 February 2005 which is linked to a Reference Basket of 80 Securities.

The Initial Price for each Security is determined as the arithmetic average of the Volume Weighted Average Price for each of the 5 Trading Days up to and including the Start Date (8 April 2005). The Knockout Price for each Security is determined as 55% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows:

ASX Code	Company	Initial Price	Knockout Price
ALL	Aristocrat Leisure Limited	$10.56	$5.81
ALN	Alinta Limited	$8.92	$4.90
AMC	Amcor Limited	$7.18	$3.95
AMP	AMP Limited	$6.92	$3.81
ANN	Ansell Limited	$9.84	$5.41
APN	APN News & Media Limited	$4.89	$2.69
ASX	Australian Stock Exchange Limited	$19.82	$10.90
AWB	AWB Limited	$4.84	$2.66
AWC	Alumina Limited	$6.00	$3.30
BBG	Billabong International Limited	$12.93	$7.11
BHP	BHP Billiton Limited	$18.18	$10.00
BIL	Brambles Industries Limited	$8.27	$4.55
BLD	Boral Limited.	$6.12	$3.36
BNB	Babcock & Brown Limited	$9.90	$5.44
BPC	Burns, Philp & Company Limited	$1.00	$0.55
BSL	Bluescope Steel Limited	$8.54	$4.70
CBA	Commonwealth Bank of Australia.	$35.44	$19.49
CCL	Coca-Cola Amatil Limited	$8.58	$4.72
CGF	Challenger Financial Services Group Limited	$3.30	$1.82
CML	Coles Myer Ltd.	$9.41	$5.17
COH	Cochlear Limited	$33.64	$18.50
CPU	Computershare Limited.	$5.47	$3.01
CSL	CSL Limited	$34.86	$19.17
CSR	CSR Limited	$2.40	$1.32
CTX	Caltex Australia Limited	$15.14	$8.33
DJS	David Jones Limited	$1.94	$1.07
DVC	DCA Group Limited	$3.41	$1.87
FCL	Futuris Corporation Limited	$2.13	$1.17
FGL	Foster's Group Limited	$5.32	$2.93
FXJ	Fairfax (John) Holdings Limited	$4.21	$2.31
HHG	HHG Plc.	$1.50	$0.82
HVN	Harvey Norman Holdings Limited	$2.63	$1.44
IAG	Insurance Australia Group Limited	$6.25	$3.44
JHX	James Hardie Industries N.V.	$5.93	$3.26
JST	Just Group Limited	$2.73	$1.50
LEI	Leighton Holdings Limited	$10.14	$5.58
LLC	Lend Lease Corporation Limited	$12.62	$6.94
LNN	Lion Nathan Limited	$7.29	$4.01
MAP	Macquarie Airports	$3.27	$1.80
MAY	Mayne Group Limited	$3.84	$2.11
MCG	Macquarie Communications Infrastructure Group	$5.94	$3.27
MIG	Macquarie Infrastructure Group	$3.72	$2.04
MTS*	Metcash Limited	$3.20	$1.76
MXG	Multiplex Group	$4.29	$2.36
NCM	Newcrest Mining Limited	$17.08	$9.39
NWSLV	News Corporation non-voting	$21.84	$12.01
ORG	Origin Energy Limited	$7.07	$3.89
ORI	Orica Limited	$18.39	$10.11
OST	OneSteel Limited	$2.50	$1.38
OXR	Oxiana Limited	$0.97	$0.53
PBG	Pacific Brands Limited	$2.48	$1.36
PMN	Promina Group Limited	$5.04	$2.77
PPT	Perpetual Trustees Australia Limited	$56.87	$31.28
PPX	Paperlinx Limited	$4.01	$2.21
PRK	Patrick Corporation Limited	$5.78	$3.18
QAN	Qantas Airways Limited	$3.43	$1.88
QBE	QBE Insurance Group Limited	$14.89	$8.19
RIN	Rinker Group Limited	$10.92	$6.01
RIO	Rio Tinto Limited	$45.00	$24.75
RMD	ResMed Inc	$7.49	$4.12
SEV	Seven Network Limited	$7.95	$4.37
SFE	SFE Corporation Limited	$9.25	$5.09
SHL	Sonic Healthcare Limited	$12.13	$6.67
SMS	Sims Group Limited	$16.95	$9.32
SSX	Smorgon Steel Group Limited.	$1.33	$0.73
STO	Santos Limited	$9.44	$5.19
SUN	Suncorp-Metway Limited.	$19.90	$10.95
TAH	Tabcorp Holdings Limited	$16.72	$9.20
TCL	Transurban Group	$7.21	$3.97
TEL	Telecom Corporation Of New Zealand Limited	$5.62	$3.09
TEN	Ten Network Holdings Limited	$3.55	$1.96
TOL	Toll Holdings Limited	$13.79	$7.59
UTB	Unitab Limited	$14.11	$7.76
WAN	West Australian Newspapers Holdings Limited	$7.99	$4.39
WBC	Westpac Banking Corporation	$19.10	$10.51
WDC	Westfield Group	$16.25	$8.94
WES	Wesfarmers Limited	$40.90	$22.50
WOW	Woolworths Limited	$16.11	$8.86
WPL	Woodside Petroleum Limited	$25.55	$14.05
ZFX	Zinifex Limited	$3.06	$1.68

APSSM3 16 August 2005

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities Series 3 ("ALPS") (ASX code: APSSM3) pursuant to a Product Disclosure Statement dated 17 May 2005 which is linked to a Reference Basket of 80 Securities.

The Initial Price for each Security is determined as the arithmetic average of the Volume Weighted Average Price for each of the 5 Trading Days up to and including the Start Date (15 August 2005). The Knockout Price for each Security is determined as 55% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows:

ASX Code	Company	Initial Price	Knockout Price
ABS	A.B.C. Learning Centres Limited	$5.62	$3.09
ALL	Aristocrat Leisure Limited	$13.20	$7.26
AMC	Amcor Limited	$7.03	$3.87
AMP	AMP Limited	$6.85	$3.77
ANN	Ansell Limited	$9.88	$5.43
ASX	Australian Stock Exchange Limited	$25.68	$14.12
AWC	Alumina Limited	$6.11	$3.36
AXA	AXA Asia Pacific Holdings Limited	$4.52	$2.48
BBG	Billabong International Limited	$13.63	$7.50
BHP	BHP Billiton Limited	$20.65	$11.36
BIL	Brambles Industries Limited	$8.63	$4.74
BLD	Boral Limited.	$7.26	$3.99
BNB	Babcock & Brown Limited	$15.54	$8.55
BPC	Burns, Philp & Company Limited	$0.89	$0.49
BSL	Bluescope Steel Limited	$9.65	$5.31
CBA	Commonwealth Bank of Australia.	$38.40	$21.12
CCL	Coca-Cola Amatil Limited	$8.30	$4.57
CEUCA	ConnectEast Group	$0.77	$0.42
CEY	Centennial Coal Company Limited	$5.29	$2.91
CGF	Challenger Financial Services Group Limited	$3.20	$1.76
CML	Coles Myer Ltd.	$9.82	$5.40
COH	Cochlear Limited	$38.01	$20.91
CPU	Computershare Limited.	$6.22	$3.42
CSL	CSL Limited	$34.84	$19.16
CSR	CSR Limited	$2.74	$1.51
CTX	Caltex Australia Limited	$17.54	$9.65
DOW	Downer EDI Limited	$5.79	$3.18
DVC	DCA Group Limited	$3.92	$2.16
FCL	Futuris Corporation Limited	$2.19	$1.20
FGL	Foster's Group Limited	$5.46	$3.00
FXJ	Fairfax (John) Holdings Limited	$4.41	$2.42
GNS	Gunns Limited	$3.70	$2.04
HGI	HHG Plc.	$1.60	$0.88
HVN	Harvey Norman Holdings Limited	$2.70	$1.48
IAG	Insurance Australia Group Limited	$6.07	$3.34
ILU	Iluka Resources Limited	$8.44	$4.64
JHX	James Hardie Industries N.V.	$8.97	$4.93
LLC	Lend Lease Corporation Limited	$13.37	$7.36
LNN	Lion Nathan Limited	$7.49	$4.12
MAP	Macquarie Airports	$3.22	$1.77
MAY	Mayne Group Limited	$4.90	$2.69
MCW	Macquarie CountryWide Trust	$1.94	$1.07
MIG	Macquarie Infrastructure Group	$3.86	$2.12
MTS	Metcash Limited	$4.10	$2.25
MXG	Multiplex Group	$3.25	$1.79
NAB	National Australia Bank Limited	$31.04	$17.07
NCM	Newcrest Mining Limited	$17.47	$9.61
NUF	Nufarm Limited	$10.29	$5.66
NWSLV	News Corporation non-voting	$21.62	$11.89
ORG	Origin Energy Limited	$7.39	$4.07
ORI	Orica Limited	$19.38	$10.66
OST	OneSteel Limited	$2.79	$1.53
OXR	Oxiana Limited	$1.17	$0.64
PBG	Pacific Brands Limited	$2.50	$1.37
PBL	Publishing and Broadcasting Limited	$15.39	$8.46
PMN	Promina Group Limited	$5.13	$2.82
PPX	Paperlinx Limited	$3.43	$1.89
PRK	Patrick Corporation Limited	$5.84	$3.21
QAN	Qantas Airways Limited	$3.30	$1.82
QBE	QBE Insurance Group Limited	$16.72	$9.20
RIN	Rinker Group Limited	$14.84	$8.16
RIO	Rio Tinto Limited	$52.25	$28.74
SFE	SFE Corporation Limited	$11.17	$6.14
SGB	St George Bank Limited	$26.50	$14.57
SHL	Sonic Healthcare Limited	$13.07	$7.19
SSX	Smorgon Steel Group Limited.	$1.30	$0.72
STO	Santos Limited	$11.26	$6.19
SUN	Suncorp-Metway Limited.	$20.24	$11.13
TAH	Tabcorp Holdings Limited	$16.24	$8.93
TCL	Transurban Group	$7.19	$3.95
TEL	Telecom Corporation Of New Zealand Limited	$5.61	$3.09
TEN	Ten Network Holdings Limited	$3.70	$2.04
TLS	Telstra Corporation Limited	$4.89	$2.69
TOL	Toll Holdings Limited	$13.67	$7.52
WBC	Westpac Banking Corporation	$19.72	$10.85
WDC	Westfield Group	$17.47	$9.61
WES	Wesfarmers Limited	$41.07	$22.59
WOW	Woolworths Limited	$16.30	$8.97
WPL	Woodside Petroleum Limited	$33.20	$18.26
ZFX	Zinifex Limited	$3.43	$1.88

APSSM4 19 December 2005

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities Series 4 ("ALPS") (ASX code: APSSM4) pursuant to a Product Disclosure Statement dated 6 October 2005 which is linked to a Reference Basket of 80 Securities.

The Initial Price for each Security is determined as the arithmetic average of the Volume Weighted Average Price for each of the 5 Trading Days up to and including the Start Date (16 December 2005). The Knockout Price for each Security is determined as 55% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows:

ASX Code	Company	Initial Price	Knockout Price
ABS	A.B.C. Learning Centres Limited	$7.25	$3.98
ALL	Aristocrat Leisure Limited	$12.04	$6.62
AMC	Amcor Limited	$7.15	$3.93
AMP	AMP Limited	$7.57	$4.16
ANN	Ansell Limited	$10.40	$5.72
ANZ	Australia and New Zealand Banking Group Limited	$23.17	$12.75
ASX	Australian Stock Exchange Limited	$30.21	$16.61
AWC	Alumina Limited	$6.88	$3.78
AXA	AXA Asia Pacific Holdings Limited	$4.93	$2.71
BBG	Billabong International Limited	$13.35	$7.34
BBI	Babcock & Brown Infrastructure Group	$1.63	$0.90
BHP	BHP Billiton Limited	$21.72	$11.95
BIL	Brambles Industries Limited	$9.91	$5.45
BLD	Boral Limited	$8.02	$4.41
BNB	Babcock & Brown Limited	$16.83	$9.26
BSL	Bluescope Steel Limited	$6.92	$3.81
CBA	Commonwealth Bank of Australia	$41.15	$22.63
CCL	Coca-Cola Amatil Limited	$7.40	$4.07
CEU	ConnectEast Group	$1.14	$0.63
CEY	Centennial Coal Company Limited	$3.78	$2.08
CGF	Challenger Financial Services Group Limited	$3.88	$2.13
CML	Coles Myer Ltd.	$10.01	$5.51
COH	Cochlear Limited	$41.82	$23.00
CPU	Computershare Limited	$6.68	$3.67
CSL	CSL Limited	$40.34	$22.19
CSR	CSR Limited	$3.26	$1.79
CTX	Caltex Australia Limited	$19.75	$10.86
DOW	Downer EDI Limited	$6.91	$3.80
DVC	DCA Group Limited	$3.84	$2.11
FCL	Futuris Corporation Limited	$1.87	$1.03
FGL	Foster's Group Limited	$5.59	$3.07
FXJ	Fairfax (John) Holdings Limited	$3.90	$2.15
GNS	Gunns Limited	$3.12	$1.72
HGI	Henderson Group PLC	$1.59	$0.88
HVN	Harvey Norman Holdings Limited	$2.95	$1.62
IAG	Insurance Australia Group Limited	$5.13	$2.82
ILU	Iluka Resources Limited	$7.90	$4.34
JHX	James Hardie Industries N.V.	$8.46	$4.65
LLC	Lend Lease Corporation Limited	$13.89	$7.64
LNN	Lion Nathan Limited	$7.29	$4.01
MAP	Macquarie Airports	$3.01	$1.65
MCW	Macquarie CountryWide Trust	$2.03	$1.11
MIG	Macquarie Infrastructure Group	$3.50	$1.93
MGW	Mcguigan Simeon Wines Limited	$3.00	$1.65
MTS	Metcash Limited	$4.38	$2.41
MXG	Multiplex Group	$3.50	$1.92
NAB	National Australia Bank Limited	$31.69	$17.43
NCM	Newcrest Mining Limited	$21.65	$11.91
NWSLV	News Corporation non-voting	$21.13	$11.62
ORG	Origin Energy Limited	$7.22	$3.97
ORI	Orica Limited	$20.79	$11.44
OSH	Oil Search Limited	$3.60	$1.98
OST	OneSteel Limited	$3.27	$1.80
OXR	Oxiana Limited	$1.45	$0.80
PBG	Pacific Brands Limited	$2.73	$1.50
PBL	Publishing and Broadcasting Limited	$16.56	$9.11
PMN	Promina Group Limited	$4.80	$2.64
PPX	Paperlinx Limited	$3.59	$1.97
QAN	Qantas Airways Limited	$3.82	$2.10
QBE	QBE Insurance Group Limited	$19.16	$10.54
RIN	Rinker Group Limited	$16.18	$8.90
RIO	Rio Tinto Limited	$63.24	$34.78
SFE	SFE Corporation Limited	$12.83	$7.06
SGB	St George Bank Limited	$28.44	$15.64
SHL	Sonic Healthcare Limited	$14.35	$7.89
STO	Santos Limited	$11.87	$6.53
SUN	Suncorp-Metway Limited	$19.56	$10.76
SYB	Symbion Health Limited	$3.49	$1.92
TAH	Tabcorp Holdings Limited	$15.49	$8.52
TCL	Transurban Group	$6.67	$3.67
TEL	Telecom Corporation Of New Zealand Limited	$5.30	$2.92
TEN	Ten Network Holdings Limited	$3.23	$1.78
TLS	Telstra Corporation Limited	$3.81	$2.10
TOL	Toll Holdings Limited	$14.41	$7.92
WBC	Westpac Banking Corporation	$22.23	$12.22
WDC	Westfield Group	$17.30	$9.52
WES	Wesfarmers Limited	$35.75	$19.66
WOW	Woolworths Limited	$16.73	$9.20
WPL	Woodside Petroleum Limited	$36.77	$20.22
ZFX	Zinifex Limited	$5.96	$3.28

APSSM5 10 April 2006

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities Series 5 ("ALPS") (ASX code: APSSM5) pursuant to a Product Disclosure Statement dated 6 February 2006 which is linked to a Reference Basket of 80 Securities listed on US stock exchanges.

The Initial Price for each Security is determined as the Volume Weighted Average Price for the US Trading Day 7 April 2006. The Knockout Price for each Security is determined as 55% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows (all prices in US Dollars):

Code	Name	Initial Price	Knockout Price
AA	Alcoa Inc	$28.95	$15.92
AAPL	Apple Computer Inc	$68.22	$37.52
ADBE	Adobe Systems Inc	$32.44	$17.84
ADM	Archer-Daniels-Midland Co	$42.06	$23.13
AMTD	TD Ameritrade Holding Corp	$17.41	$9.57
AMZN	Amazon.Com Inc	$31.49	$17.32
APA	Apache Corp	$66.17	$36.39
AVP	Avon Products Inc	$28.88	$15.88
BA	Boeing Co	$75.32	$41.43
BAX	Baxter International Inc	$44.90	$24.69
BBY	Best Buy Co Inc	$47.31	$26.02
BHI	Baker Hughes Inc	$70.98	$39.04
BIIB	Biogen Idec Inc	$44.54	$24.49
BJS	BJ Services Co	$34.65	$19.06
BTU	Peabody Energy Corp	$44.47	$24.46
CAT	Caterpillar Inc	$67.10	$36.90
CELG	Celgene Corp	$42.22	$23.22
CHK	Chesapeake Energy Corp	$31.81	$17.49
CME	Chicago Mercantile Exchange Holdings Inc	$441.13	$242.62
COH	Coach Inc	$30.86	$16.97
COP	ConocoPhillips	$63.96	$35.18
CVX	Chevron Corp	$64.65	$35.56
DELL	Dell Inc	$22.58	$12.42
DNA	Genentech Inc	$82.59	$45.43
DO	Diamond Offshore Drilling Inc	$74.54	$40.99
DVN	Devon Energy Corp	$64.08	$35.24
EBAY	eBay Inc	$28.10	$15.45
EOG	EOG Resources Inc	$65.60	$36.08
ESRX	Express Scripts Inc	$84.18	$46.30
ET	E*Trade Financial Corp	$23.65	$13.01
FD	Federated Department Stores Inc	$38.42	$21.13
FDX	FedEx Corp	$101.48	$55.82
FRX	Forest Laboratories Inc	$50.28	$27.65
GENZ	Genzyme Corp	$66.48	$36.56
GILD	Gilead Sciences Inc	$63.57	$34.96
GOOG	Google Inc	$378.63	$208.25
HOG	Harley-Davidson Inc	$59.19	$32.55
HES	Hess Corp	$46.01	$25.31
HLT	Hilton Hotels Corp	$25.97	$14.28
HON	Honeywell International Inc	$38.81	$21.35
HPQ	Hewlett-Packard Co	$36.59	$20.12
HRB	H&R Block Inc	$21.15	$11.63
JNPR	Juniper Networks Inc	$14.51	$7.98
JWN	Nordstrom Inc	$37.82	$20.80
KSS	Kohl's Corp	$63.02	$34.66
LM	Legg Mason Inc	$90.73	$49.90
MCD	McDonald's Corp	$36.46	$20.05
MGM	MGM Mirage	$35.35	$19.44
MHS	Medco Health Solutions Inc	$62.15	$34.18
MOT	Motorola Inc	$23.31	$12.82
MRO	Marathon Oil Corp	$84.22	$46.32
MXIM	Maxim Integrated Products Inc	$29.04	$15.97
NEM	Newmont Mining Corp	$50.96	$28.03
NSM	National Semiconductor Corp	$24.11	$13.26
NUE	Nucor Corp	$49.46	$27.20
NWS	News Corp	$19.97	$10.98
OXY	Occidental Petroleum Corp	$51.26	$28.20
PCU	Southern Copper Corp	$93.13	$51.22
PD	Phelps Dodge Corp	$89.89	$49.44
PFE	Pfizer Inc	$27.84	$15.31
PH	Parker Hannifin Corp	$75.28	$41.40
QCOM	Qualcomm Inc	$38.48	$21.16
RIG	Transocean Inc	$70.01	$38.51
RIMM	Research In Motion Ltd	$81.97	$45.08
ROK	Rockwell Automation Inc	$56.67	$31.17
SBUX	Starbucks Corp	$31.79	$17.49
SCHW	Charles Schwab Corp/The	$16.47	$9.06
SHLD	Sears Holdings Corp	$145.91	$80.25
SNDK	SanDisk Corp	$58.87	$32.38
STJ	St Jude Medical Inc	$36.28	$19.96
SUN	Sunoco Inc	$72.46	$39.85
SYK	Stryker Corp	$48.03	$26.42
SYMC	Symantec Corp	$18.73	$10.30
TXN	Texas Instruments Inc	$31.95	$17.57
UPS	United Parcel Service Inc	$70.93	$39.01
VZ	Verizon Communications Inc	$35.56	$19.56
WAG	Walgreen Co	$49.76	$27.37
WMT	Wal-Mart Stores Inc	$45.38	$24.96
YHOO	Yahoo! Inc	$29.35	$16.14
YUM	Yum! Brands Inc	$49.46	$27.20

APSSM6 04 September 2006

Macquarie Bank Limited ("Macquarie") is the issuer of Alternative Listed Protected Securities Series 6 ("ALPS") (ASX code: APSSM6) pursuant to a Product Disclosure Statement dated 13 June 2006 which is linked to a Reference Basket of 80 Securities listed on US stock exchanges.

The Initial Price for each Security is determined as the Volume Weighted Average Price for the US Trading Day 1 September 2006. The Knockout Price for each Security is determined as 55% of the Initial Price. Macquarie advises the Initial Price and Knockout Price for each of the Securities in the Reference Basket as follows (all prices in US Dollars):

 

Code	Name	Initial Price	Knockout Price
AA	Alcoa Inc	$28.95	$15.92
AAPL	Apple Computer Inc	$68.22	$37.52
ADBE	Adobe Systems Inc	$32.44	$17.84
ADM	Archer-Daniels-Midland Co	$42.06	$23.13
AMTD	TD Ameritrade Holding Corp	$17.41	$9.57
AMZN	Amazon.Com Inc	$31.49	$17.32
APA	Apache Corp	$66.17	$36.39
AVP	Avon Products Inc	$28.88	$15.88
BA	Boeing Co	$75.32	$41.43
BAX	Baxter International Inc	$44.90	$24.69
BBY	Best Buy Co Inc	$47.31	$26.02
BHI	Baker Hughes Inc	$70.98	$39.04
BIIB	Biogen Idec Inc	$44.54	$24.49
BJS	BJ Services Co	$34.65	$19.06
BTU	Peabody Energy Corp	$44.47	$24.46
CAT	Caterpillar Inc	$67.10	$36.90
CELG	Celgene Corp	$42.22	$23.22
CHK	Chesapeake Energy Corp	$31.81	$17.49
CME	Chicago Mercantile Exchange Holdings Inc	$441.13	$242.62
COH	Coach Inc	$30.86	$16.97
COP	ConocoPhillips	$63.96	$35.18
CVX	Chevron Corp	$64.65	$35.56
DELL	Dell Inc	$22.58	$12.42
DNA	Genentech Inc	$82.59	$45.43
DO	Diamond Offshore Drilling Inc	$74.54	$40.99
DVN	Devon Energy Corp	$64.08	$35.24
EBAY	eBay Inc	$28.10	$15.45
EOG	EOG Resources Inc	$65.60	$36.08
ESRX	Express Scripts Inc	$84.18	$46.30
ET	E*Trade Financial Corp	$23.65	$13.01
FD	Federated Department Stores Inc	$38.42	$21.13
FDX	FedEx Corp	$101.48	$55.82
FRX	Forest Laboratories Inc	$50.28	$27.65
GENZ	Genzyme Corp	$66.48	$36.56
GILD	Gilead Sciences Inc	$63.57	$34.96
GOOG	Google Inc	$378.63	$208.25
HOG	Harley-Davidson Inc	$59.19	$32.55
HES	Hess Corp	$46.01	$25.31
HLT	Hilton Hotels Corp	$25.97	$14.28
HON	Honeywell International Inc	$38.81	$21.35
HPQ	Hewlett-Packard Co	$36.59	$20.12
HRB	H&R Block Inc	$21.15	$11.63
JNPR	Juniper Networks Inc	$14.51	$7.98
JWN	Nordstrom Inc	$37.82	$20.80
KSS	Kohl's Corp	$63.02	$34.66
LM	Legg Mason Inc	$90.73	$49.90
MCD	McDonald's Corp	$36.46	$20.05
MGM	MGM Mirage	$35.35	$19.44
MHS	Medco Health Solutions Inc	$62.15	$34.18
MOT	Motorola Inc	$23.31	$12.82
MRO	Marathon Oil Corp	$84.22	$46.32
MXIM	Maxim Integrated Products Inc	$29.04	$15.97
NEM	Newmont Mining Corp	$50.96	$28.03
NSM	National Semiconductor Corp	$24.11	$13.26
NUE	Nucor Corp	$49.46	$27.20
NWS	News Corp	$19.97	$10.98
OXY	Occidental Petroleum Corp	$51.26	$28.20
PCU	Southern Copper Corp	$93.13	$51.22
PD	Phelps Dodge Corp	$89.89	$49.44
PFE	Pfizer Inc	$27.84	$15.31
PH	Parker Hannifin Corp	$75.28	$41.40
QCOM	Qualcomm Inc	$38.48	$21.16
RIG	Transocean Inc	$70.01	$38.51
RIMM	Research In Motion Ltd	$81.97	$45.08
ROK	Rockwell Automation Inc	$56.67	$31.17
SBUX	Starbucks Corp	$31.79	$17.49
SCHW	Charles Schwab Corp/The	$16.47	$9.06
SHLD	Sears Holdings Corp	$145.91	$80.25
SNDK	SanDisk Corp	$58.87	$32.38
STJ	St Jude Medical Inc	$36.28	$19.96
SUN	Sunoco Inc	$72.46	$39.85
SYK	Stryker Corp	$48.03	$26.42
SYMC	Symantec Corp	$18.73	$10.30
TXN	Texas Instruments Inc	$31.95	$17.57
UPS	United Parcel Service Inc	$70.93	$39.01
VZ	Verizon Communications Inc	$35.56	$19.56
WAG	Walgreen Co	$49.76	$27.37
WMT	Wal-Mart Stores Inc	$45.38	$24.96
YHOO	Yahoo! Inc	$29.35	$16.14
YUM	Yum! Brands Inc	$49.46	$27.20

Due to share market volatility, all series of Macquarie ALPS have now experienced the maximum number of knockout events. Therefore, the coupon rate for all series has been reduced to zero. Macquarie ALPS continues to be listed on the Australian Stock Exchange (ASX) and will have a security value similar to other ASX-listed securities (such as a share).

ALPS Series 3-6 are listed on the Australian Stock Exchange (ASX) and prices can therefore be found on the ASX website (www.asx.com.au) or any place you may normally expect to find prices of ASX listed securities. Each series will have an ASX code which will allow you to identify the security.

ALPS Series 1 and 2 have matured, and as such are no longer listed on the ASX.

ALPS Series 1	APSSM 1
ALPS Series 2	APSSM 2
ALPS Series 3	APSSM 3
ALPS Series 4	APSSM 4
ALPS Series 5	APSSM 5
ALPS Series 6	APSSM 6

 

In order to sell your units you will need to place a 'Sell' order for the relevant ASX code (e.g. APSSM3), through a stockbroker in the same manner you may place a 'buy/sell' order for shares. Macquarie cannot sell/redeem you units in ALPS in its capacity as the Product Issuer. You should take note of which HIN/SRN your ALPS units have settled to.

If you chose to invest in Macquarie ALPS through a Structured Products Investment Loan, please contact Macquarie on 1800 080 033 if you would like to sell your ALPS units.

If you have forgotten or misplaced your SRN/HIN, then you can request this information from the share registry, Computershare on 1300 364 060.

Prior to maturity you will be contacted by Macquarie asking you to elect for either cash or physical settlement. As capital protection applies at maturity, the amount received under cash settlement or the value of the deliverable securities will be equal to the issue price per unit (i.e. $10).

Macquarie does not issue tax statements in relation to Macquarie ALPS. If you chose to invest in Macquarie ALPS through a Structured Products Investment Loan then you will receive a tax summary outlining the interest you have paid. This document should be retained for taxation purposes.

You will not receive any further correspondence in relation to Macquarie ALPS until your notification of expiry. A copy of the most recent correspondence sent to holders can be found in the Investor Centre.

There will be no further coupons paid in relation to Macquarie ALPS as a result of the maximum number of Knockout Events occurring for each series.

In order to update your registered address you will need to contact Computershare;

1. Visit computershare.com.au/investor
2. Click on the "Holding enquiry" icon on the right hand side of the page
3. Enter MACW in the Company field - this will show MACQUARIE BANK LIMITED - WARRANT ISSUER
4. Enter your HIN/SRN in the SRN/HIN/Holder Number field
5. Enter your postcode in the next field (or select your Country of Residence if outside Australia)
6. Enter the security code shown in the panel on the right in the next field
7. Confirm that you have read and agree to the Terms and Conditions by clicking in the tick box
8. Click Login
9. Once logged in, select the "Update My Details" tab
10. Click "Address Change" and enter your details as shown. You may also update your bank account or TFN details here
11. When you have finished updating your details, click "Logout" in the top right hand corner of the page.

Note: you will need to know the SRN/HIN to which your ALPS have settled.