Investments of Macquarie Group Limited in Continental Nickel Limited.

TORONTO, May 15, 2012 /CNW/ - Macquarie Group Limited ("Macquarie") announces that, due to the recent expiration of 1,667,000 warrants, each warrant exercisable for one common share of Continental Nickel Ltd. (Continental), Macquarie's deemed beneficial ownership has decreased to below 10% on a partially diluted basis.

Stephen Yan at 212.231.1310.