Fonterra Shareholders' Fund (NS) — Director's Dealing 2017

Nov 9, 2017

Name of listed issuer:	Fonterra Co-operative Group Limited
Date this disclosure made:	09 November 2017
Date of last disclosure:

Full name(s):	Andrew Webster Macfarlane
Name of listed issuer:	Fonterra Co-operative Group Limited
Name of related body corporate (if applicable):
Position held in listed issuer:	Director

Class of quoted financial product:	Fonterra Co-operative Group Limited shares
Nature of relevant interest:	Director and Indirect shareholder
Number held in class:	813,049 shares
Current registered holder:	Kintore Farm Limited
Class of quoted financial product:	Units issued by the Fonterra Shareholders' Fund
Nature of relevant interest:	Director and Shareholder
Number held in class:	120,000 units
Current registered holder:	Pencarrow Farm Limited

Type of derivative:
Class of underlying financial products:
Details of derivative
The notional value of the derivative (if any) or the
notional amount of underlying products Of any):
A statement as to whether the derivative is cash settled
or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price specified in the terms of the derivative(if any):
Any other detailsneeded to understand how the
amountof theconsiderationpayableunderthe
derivative or the value of the derivative is affected by	,,
the value of the underlying financial products:	,1
For that derivative,-