SCITC 2006 Macquarie Cotton

The Macquarie Group: 

The Macquarie Group Macquarie Bank Limited and worldwide entities

The Macquarie Group: 

Provides specialist investment, advisory and financial services in select markets around the world Over 8,000 people in 18 countries Macquarie Bank, the leading Australian investment bank, and its worldwide affiliated entities The Macquarie Group

Major business activities: 

Stockbroking Private banking Financial planning Portfolio management Product distribution via 3rd party advisers & direct Metals & mining Agricultural commodities Energy Foreign exchange Debt markets Futures Treasury Risk advisory Capital management Banking Margin Lending Mortgages Securitisation Property investment management Property finance Property investment banking Golf-related real estate development Corporate finance Structured finance Infrastructure & specialised funds Cross-border leasing Equity capital markets Lending & asset financing Institutional stockbroking Equities research Banking (Aus) & Property Equity markets Product issuance Volatility trading Structured deals Cash trading Equity finance Funds management Full spectrum funds manager All major asset classes Enhanced indexing Retail financial Services (Aus & NZ) Investment banking Treasury & Commodities Major business activities

Macquarie Bank Limited: 

Macquarie Bank Limited Established in 1969 as Hill Samuel Australia Acquired banking licence in 1985, became Macquarie Bank Listed on Australian Stock Exchange 1996 Financial highlights at 31/03/2003: market cap – €2.8 billion (USD 3.0 bn) total assets – €18.0 billion (USD19.6bn) total funds under mgmt - €29.0 billion (USD 31.6bn)

Solid credit ratings: 

Solid credit ratings

Macquarie Cotton: 

Macquarie Cotton Laura Hopper Senior Manager – Settlements Division

Macquarie Cotton: 

New York Charleston London Sydney Melbourne Shanghai An International Team Macquarie Cotton

Agricultural Commodities cont…: 

A broad array of products Physical products across various commodity classes Cotton Sugar Grains – Wheat, Corn Beans and Oilseeds Coffee, Cocoa Indices and baskets Agricultural Commodities cont…

Cotton: 

Physical growths: US Cotton Australian Cotton Brazilian Cotton West African Cotton Cotton

US Cotton: 

The US is the largest exporter of cotton worldwide, producing 23.8 m bales and exporting 16.2 m bales of cotton per annum Macquarie entered into a joint venture with Dyer Cotton Co. (Greenville, SC) in 2002 and in 2004 acquired 100% ownership. Macquarie has been well received in the market and is currently one of the leading Cotton Merchants in the US. We export over 500,000 bales of US cotton per annum, which is approximately 11,400 TEU / year. Quality and specifications: All ranges from PIMA through to lowest traded US grades US Cotton

US Cotton cont..: 

We source across the cotton belt from California to Texas, the Delta States and the South East positions. Our Supply Chain consists of Trucks, Rail and Ocean Vessels. Ports we currently ship through: Los Angeles, Long Beach, Houston, Charleston and Savannah. Export destinations include China, Turkey, India, Pakistan, Indonesia, Taiwan, Thailand, Colombia, Brazil, Vietnam and other worldwide destinations. The Charleston, SC office is responsible for all Sales, Logistics and Settlements for US, Brazil and West African cotton. US Cotton cont..

Slide12: 

* Australian Cotton * Brazilian Cotton * West African Cotton

What We Stand For: 

What We Stand For Integrity Client Commitment Strive for Profitability Fulfilment for our People Teamwork Highest Standards