When will Sensex recover

Sensex 30 - recreation just a flash in the pan



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The term "Macquarie" or "Macquarie Group" in this marketing communication refers to Macquarie Group Limited and its worldwide subsidiaries and branches which include the UK company MCEL and the German company Macquarie Structured Products (Europe) GmbH ("MSPE") .

With the exception of Macquarie Bank Limited ABN 46 008 583 542 ("MBL"), the subsidiaries of the Macquarie Group mentioned in this marketing announcement are not licensed deposit-taking institutions for the purposes of the Banking Act (Commonwealth of Australia) of 1959. The Obligations of subsidiaries do not represent customer deposits or other liabilities of MBL. Unless otherwise stated, MBL does not provide any guarantees or other warranties for the obligations of these subsidiaries. MSPE has an unconditional and irrevocable guarantee from MBL with regard to product-related liabilities.

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The complete information and the only relevant conditions, in particular more detailed information on the issuer and guarantor as well as the opportunities and risks of the product, can be found in the respective securities prospectus, which can be downloaded together with supplements from www.macquarie-derivatives.com or from Macquarie Capital (Europe ) Limited, Niederlassung Deutschland, Untermainanlage 1, D 60329 Frankfurt am Main is available free of charge.

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© Macquarie Capital (Europe) Limited 2011.