Investments of Macquarie Group Limited in Border Petroleum Corp.

TORONTO, Feb. 23, 2012 /CNW/ - Macquarie Group Limited ("Macquarie") announces that due to the recent disposition of 8,000,000 common shares in the open market, it now has beneficial ownership of 25,333,300 common shares of Border Petroleum Corp. (Border) representing, to Macquarie's knowledge, 11.28% of the issued and outstanding shares of Border on a partially-diluted basis.  This represents a change of 2% or more to Macquarie's beneficial ownership since its previous disclosure announced Macquarie was deemed to beneficially own 14.86% of Border on a partially-diluted basis.

Macquarie has acquired the shares for investment purposes only.  Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of Border through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.

Please contact Stephen Yan at 212.231.1310.