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SSH: RAK: SSH (Macquarie Group Limited)

25 Feb 2010 8:30 am

RAK 25/02/2010 SSH

REL: 0830 HRS Rakon Limited

SSH: RAK: SSH (Macquarie Group Limited)

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest Section 23 and 24, Securities Markets Act 1988

Date of relevant event: 17-Feb-10

To: New Zealand Exchange Limited (NZX) and: Rakon Ltd RAK.NZ

Date this disclosure made: 24-Feb-10 Date last disclosure made: 23-Dec-09

Substantial security Holder(s) giving disclosure Name: Macquarie Group Limited ('MQG'); and its controlled bodies corporate listed in Annexure A (the 'Macquarie Group')

Contact details: Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest Section 23 and 24, Securities Markets Act 1988 Vivien Yu Phone: + 61 2 8232 9739 Email: substantial.holdings@macquarie.com

Summary of substantial holding to which the disclosure relates

Class of securities

Summary for :

MQG TOTAL For Previous Disclosure Total number held in class: 20,150,850 Total in class: 190,707,110 Total % held in class: 10.56%

For this Disclosure Total number held in class: 23,385,028 Total in class: 190,707,110 Total % held in class: 12.26%

BROOK ASSET MANAGEMENT For Previous Disclosure Total number held in class: 20,150,850 Total in class: 190,707,110 Total % held in class: 10.56%

For this Disclosure Total number held in class: 23,385,028 Total in class: 190,707,110 Total % held in class: 12.26%

See attached for Annexure A and B. End CA:00191630 For:RAK Type:SSH Time:2010-02-25:08:30:19

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