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Credit Ratings List

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Entity	Local Currency	Foreign Currency	National Scale	Type
Macquarie Bank Ltd.	B/--/--			BFSR
	A/Negative/A-1	A/Negative/A-1		ICR
Macquarie Financial Holdings Ltd.	A-/Negative/A-2	A-/Negative/A-2		ICR
Macquarie Group Ltd.	A-/Negative/A-2	A-/Negative/A-2		ICR
Macquarie International Finance Ltd.	A-/Negative/A-2	A-/Negative/A-2		ICR
MARAC Finance Ltd.	BB+/Negative/B	BB+/Negative/B		ICR
mecu Ltd.	BBB/Stable/A-2			ICR
Medical Securities Ltd.	A-/Stable/--	A-/Stable/--		ICR
Mega International Commercial Bank Co. Ltd. (Sydney Branch)	B/--/--			BFSR
	A/Stable/A-1	A/Stable/A-1		ICR

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