Monthly Covered Bond Report Date: 26/11/2015 Determination Date: 6/11/2015 Distribution Date: 6/11/2015. Stable. Stable

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1 Monthly Covered Bond Report Date: 26/11/2015 Determination Date: 6/11/2015 Distribution Date: 6/11/2015 Parties Issuer Macquarie Bank Limited Servicer Macquarie Securitisation Limited Covered Bond Guarantor Perpetual Limited Interest Rate Swap Provider Macquarie Bank Limited Security Trustee P.T. Limited Trust Manager Macquarie Securitisation Limited Bond Trustee Deutsche Bank Ratings Overview Moody's Fitch MBL Short Term Senior P-1 Stable F1 MBL Long Term Senior A2 Stable A Covered Bond Rating Stable Stable Compliance Tests Asset Coverage Test Legislated Asset Test Issuer Event of Default Covered Bond Guarantor Event of Default Interest Rate Shortfall Test Pre-Maturity Test Asset Coverage Test as at 6/11/2015 Calculation of Adjusted Aggregate Mortgage Loan Amount A The lower of: (i) LVR Adjusted Mortgage Loan Balance Amount, and (ii) Asset Percentage Adjusted Mortgage Loan Balance Amount. B C D E Aggregate amount of any proceeds of any Term Advances and/or any Demand Loan Advances which have not been applied as at the Determination Date. Aggregate principal balance of any Substitution Assets and Authorised Investments as at the relevant Determination Date. Aggregate amount of Principal Collections collected by the Servicer during the preceeding Collection Period excluding any amounts applied in accordance with the Priority of Payments. The sum of Sale Proceeds credited to the GIC Account, remaining Available Principal held in the GIC Account, as at the Determination Date. Z Negative Carry Factor Y Amount equal to the financial loss incurred by the Covered Bond Guarrantor due to the Seller materially breaching any warranty under the Mortgage Sale Agreement and/or the Servicer materially breaching any term of the Servicing Deed. Adjusted Aggregate Mortgage Loan Amount A+B+C+D+E-Z-Y Results of Asset Coverage Test Adjusted Aggregate Mortgage Loan Amount AUD Equivalent of the Aggregate Principal Amount Outstanding of the Covered Bonds Asset Coverage Test is satisfied Asset Percentage Current Overcollateralisation Percentage 1 of 8

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3 Pool Summary Portfolio Cut off Date Current Principal Balance (AUD) Total Total 26/11/2015 $2,392,173, ,016 7,686 Average Loan Size $476, Maximum Housing Loan Balance $1,999, Weighted Average Loan Interest Rate 4.64% Weighted Average Current Loan to Value Ratio (LVR) 69.94% Weighted Average Index Loan to Value Ratio (LVR) 64.66% Weighted Average Seasoning (Months) Weighted Average Remaining Term (Months) Reserve Balance $0.00 Prepayment Information Prepayment History (CPR) 1 Month 3 Month 12 Month Cumulative Mortgage Pool By Current Loan To Value Ratio (LVR) (%) up to and including 50% % $288,056, % >50% up to and including 55% % $120,704, % >55% up to and including 60% % $144,359, % >60% up to and including 65% % $207,184, % >65% up to and including 70% % $251,999, % >70% up to and including 75% % $270,112, % >75% up to and including 80% 1, % $633,301, % >80% up to and including 85% % $52,670, % >85% up to and including 90% % $171,866, % >90% up to and including 95% % $251,917, % >95% up to and including 100% % $ % >100% % $ % 3 of 8

4 Mortgage Pool By Current Indexed Loan To Value Ratio (LVR) (%) up to and including 50% 1, % $427,465, % >50% up to and including 55% % $176,731, % >55% up to and including 60% % $215,042, % >60% up to and including 65% % $257,257, % >65% up to and including 70% % $282,138, % >70% up to and including 75% % $297,817, % >75% up to and including 80% % $385,202, % >80% up to and including 85% % $136,008, % >85% up to and including 90% % $133,351, % >90% up to and including 95% % $81,156, % >95% up to and including 100% % $ % >100% % $ % Mortgage Pool By Interest Rate (%) up to and including 4.0% % $22,942, % >4.0% up to and including 4.5% 3, % $1,082,651, % >4.5% up to and including 5.0% 3, % $959,585, % >5.0% up to and including 5.5% % $84,599, % >5.5% up to and including 6.0% % $235,184, % >6.0% up to and including 6.5% % $5,948, % >6.5% up to and including 7.0% % $925, % >7.0% up to and including 7.5% % $334, % >7.5% up to and including 8.0% % $ % >8.0% up to and including 8.5% % $ % >8.5% up to and including 9.0% % $ % >9.0% up to and including 9.5% % $ % >9.5% up to and including 10.0% % $ % >10% % $ % Total 7, % $2,392,173, % Mortgage Pool By Interest Option (%) 1 Year Fixed % $18,391, % 2 Year Fixed % $147,998, % 3 Year Fixed % $184,329, % 4 Year Fixed % $3,518, % 5 Year Fixed % $55,885, % 6+ Years Fixed % $ % Total Fixed Rate 1, % $410,122, % Total Variable Rate 6, % $1,982,050, % Total 7, % $2,392,173, % 4 of 8

5 Mortgage Pool By Loan Type (%) P&I 4, % $1,319,788, % Interest Only 3, % $1,072,384, % Total 7, % $2,392,173, % Mortgage Pool By Remaining Interest Only Period (%) up to and including 1 year % $52,604, % >1 up to and including 2 years % $38,253, % >2 up to and including 3 years % $158,902, % >3 up to and including 4 years 1, % $398,394, % >4 up to and including 5 years 1, % $415,453, % >5 up to and including 6 years % $304, % >6 up to and including 7 years % $ % >7 up to and including 8 years % $ % >8 up to and including 9 years % $481, % >9 years % $7,990, % Total 3, % $1,072,384, % Mortgage Pool by Remaining Term on Fixed Rate Period (%) >0 up to and including 3 months % $25,003, % >3 up to and including 6 months % $37,259, % >6 up to and including 9 months % $52,204, % >9 up to and including 12 months % $47,613, % >12 up to and including 15 months % $37,453, % >15 up to and including 18 months % $15,685, % >18 up to and including 21 months % $16,713, % >21 up to and including 24 months % $22,276, % >24 up to and including 27 months % $15,523, % >27 up to and including 30 months % $26,860, % >30 up to and including 33 months % $36,775, % >33 up to and including 36 months % $23,384, % >36 up to and including 48 months % $10,600, % >48 up to and including 60 months % $42,767, % >60 months % $ % Total 1, % $410,122, % 5 of 8

6 Mortgage Pool By Size (Consolidated) (%) up to and including $100, % $8,578, % >$100,000 up to and including $200, % $67,466, % >$200,000 up to and including $300,000 1, % $263,582, % >$300,000 up to and including $400,000 1, % $360,485, % >$400,000 up to and including $500, % $303,830, % >$500,000 up to and including $600, % $203,341, % >$600,000 up to and including $700, % $150,317, % >$700,000 up to and including $800, % $126,198, % >$800,000 up to and including $900, % $125,715, % >$900,000 up to and including $1m % $121,089, % >$1m up to and including $1.25m % $361,776, % >$1.25m up to and including $1.50m % $160,992, % >$1.50m up to and including $1.75m % $98,150, % >$1.75m up to and including $2m % $40,647, % >$2m % $ % Mortgage Pool By Loan Seasoning (%) >0 up to and including 3 months % $175,077, % >3 up to and including 6 months % $349,123, % >6 up to and including 9 months % $323,077, % >9 up to and including 12 months % $221,651, % >12 up to and including 15 months % $218,255, % >15 up to and including 18 months % $234,499, % >18 up to and including 21 months % $176,182, % >21 up to and including 24 months % $155,160, % >24 up to and including 27 months % $139,450, % >27 up to and including 30 months % $111,759, % >30 up to and including 33 months % $62,220, % >33 up to and including 36 months % $43,270, % >36 up to and including 48 months % $74,605, % >48 up to and including 60 months % $19,552, % >60 up to and including 72 months % $4,823, % >72 up to and including 84 months % $293, % >84 up to and including 96 months % $7,961, % >96 up to and including 108 months % $16,560, % >108 up to and including 120 months % $41,200, % >120 months % $17,444, % 6 of 8

7 Mortgage Pool by Remaining Tenor (%) up to and including 1 year % $ % >1 up to and including 2 years % $ % >2 up to and including 3 years % $ % >3 up to and including 4 years % $ % >4 up to and including 5 years % $ % >5 up to and including 6 years % $ % >6 up to and including 7 years % $ % >7 up to and including 8 years % $ % >8 up to and including 9 years % $ % >9 up to and including 10 years % $ % >10 up to and including 15 years % $ % >15 up to and including 20 years % $14,696, % >20 up to and including 25 years % $72,750, % >25 up to and including 30 years 4, % $2,304,725, % Mortgage Pool By Geographic Distribution (%) NSW 1, % $1,099,975, % ACT % $41,881, % VIC 1, % $501,907, % TAS % $8,632, % QLD 1, % $409,765, % SA % $70,345, % WA % $245,646, % NT % $14,018, % Mortgage Pool By Loan Purpose (%) Purchase 2, % $1,077,176, % Refinance 2, % $1,254,769, % Other % $60,226, % Mortgage Pool by Documentation Type (%) Full Doc 5, % $2,392,173, % Low Doc % $ % No Doc % $ % 7 of 8

8 Mortgage Pool by Occupancy Status (%) Owner Occupied 2, % $1,435,776, % Investment 2, % $956,396, % Other % $ % Mortgage Pool by Mortgage Insurer (%) Genworth (Primary) 3, % $1,785,771, % QBE LMI (Primary) % $27,555, % Genworth Indemnity % $ % Commonwealth of Australia % $ % No primary Mortgage Insurer 1, % $578,845, % Other % $ % Mortgage Pool by Delinquencies (%) 0 month 5, % $2,392,173, % >0 up to and including 1 month % $ % >1 up to and including 2 months % $ % >2 up to and including 3 months % $ % >3 up to and including 6 months % $ % >6 months % $ % Contacts Trust Manager MACQUARIE SECURITISATION LIMITED ABN Shelley Street Sydney NSW 2000, Australia Issuer MACQUARIE BANK LIMITED ABN Martin Place Sydney NSW 2000, Australia Contacts Angus Cameron Head of Funding Group Treasury, Macquarie Group Limited angus.cameron@macquarie.com 8 of 8