SEAFARMS GROUP LIMITED — Director's Dealing 2002

Oct 31, 2002

REVESCO GROUP LIMITED

ABN 50 009 317 846

Level 11 225 St Georges Terrace Perth Western Australia 6000 PO Box 7312 Cloisters Square Perth Western Australia 6850 Phone: (08) 9321 4111 Fax: (08) 9321 4411

Our Ref: RGL ASX Announce Substantial Shareholder Notice (42)

ANNOUNCEMENT NUMBER 42

1 November 2002

AUSTRALIAN STOCK EXCHANGE -RGI 000000

Company Announcements Office Australian Stock Exchange $10^{th}$ Floor 20 Bond Street SYDNEY NSW 2000

By Facsimile: 1300 300 021 Number of pages: 9 (including this page)

Dear Sir

Change in Directors Interests - Ian Trahar Substantial Shareholder Notice Received - Gabor Holdings Pty Ltd

Following are Change in Directors Interests from Ian Trahar and a substantial shareholder notice received from Gabor Holdings Pty Ltd today.

Both changes relate to on market share and option acquisitions.

Yours faithfully Revesco Group Limited

Un hitcombe.

Harley Whitcombe Company Secretary

ENC

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ACN/ARSN	Revesco Group Limited 009 317 846
1. Details of substantial holder (1) Name ACN (if applicable)	Gabor Holdings Pty Ltd (and associates) 009 143 364
There was a change in the interests of the substantial holder on	31/10/2002
The previous notice was given to the company on	26/07/2002
The previous notice was dated	26/07/2002

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interest in the scheme that the substantial holder or an associate (2) had a
relevant interest (3) in when last required, and when now re

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	62,150,796	32 90%	67.710.7966	35.845%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial folder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
31/10/2002	Gabor Holdings Pty Ltd	On market purchase	\$486,570.23	Ord 5,560,000	Gabor Holdings Pty Ltd

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Parson's votes
Gabor Holdings Pty Ltd	Gabor Holdings Pty Ltd	Gabor Holdings Pty Lid	Direct shareholding	Ord 63,682,204	33.712%
Sonsam Pty Ltd Ltd	Sonsam Pty Ltd Ltd	Sonsam Pty Ltd Ltd	Direct shareholding	Ord 3,185,592	1.686%
lan Norman Trahar	lan Norman Trahar	lan Norman Trahar	Direct shareholding	Ord 625,500	0.331%
Gabor investments Pty Ltd	Gabor investments Pty Ltd	Gabor Investments Ptv Ltd	Direct shareholding	Ord 217,500	0.115%
Total				Ord 67,710,917	35.845%

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to with interests in the company or scheme are as fol

Name and ACN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Gabor Holdings Pty Ltd	Po Box 7312 Cloisters Square Perth WA 6850
Sonsam Pty Ltd Ltd	Po Box 7312 Cloisters Square Perth WA 6850
lan Norman Trahar	Po Box 7312 Cloisters Square Perth WA 6850
Gabor Investments Pty Ltd	Po Box 7312 Cloisters Square Perth WA 6850

Signature

Prynaidic	print name lan Norman Trakar	Capacity Director
	sign here	date 1/11/2002

t

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity: Revesco Group Limited
ABN 50 009 317 846

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	lan Norman Trahar
, Date of last notice	26 July 2002

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part. Change No. 1

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Name of Holder: Gabor Holdings Pty Ltd(as trustee for the Tricorp Trust) Nature of Interest of Director: As Beneficiary of the Tricorp Trust
Date of change	31 October 2002
No. of securities held prior to change	58,122,204
Class	Ordinary Shares
Number acquired	5,560,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Total cash consideration \$486,570.23
No. of securities held after change	63,682,204
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market transaction

⁺ See chapter 19 for defined terms.

$\bar{z}$

Appendix 3Y Change of Director's Interest Notice

Change No 2

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Name of Holder: Gabor Holdings Pty Ltd(as trustee for the Tricorp Trust) Nature of Interest of Director: As Beneficiary of the Tricorp Trust
Date of change	31 October 2002
No. of securities held prior to change	58,122,204
Class	Options
Number acquired	5,650,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Total Cash consideration \$87,512.63
No. of securities held after change	63,682,204
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market transaction

Other Holdings (no change)

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Name of Holder: Sonsam Pty Ltd-an entity controlled by Gabor Holdings Pty Ltd as trustee for the Tricorp Trust Nature of Interest of Director: As Beneficiary of the Tricorp Trust
Date of change	31 October 2002
No. of securities held prior to change	3,185,592
Class	Ordinary Shares
Number acquired	N 1
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	3,185,592

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Nil

Other Holdings (no change)	Indirect
Direct or indirect interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Name of Holder: Sonsam Pty Ltd-an entity controlled by Gabor Holdings Pty Ltd as trustee for the Tricorp Trust Nature of Interest of Director: As Beneficiary of the Tricorp Trust
Date of change	31 October 2002
No. of securities held prior to change	3,185,592
Class	Options
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-eash, provide details and estimated valuation	Nil
No. of securities held after change	3,185,592
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Nil

Other Holdings (no change)

Indirect
Name of Holder: Gabor Investments Pty Ltd Nature of Interest of Director. As a shareholder of Note: Provide details of the circumstances giving rise to the relevant Gabor Investments Pty Ltd
31 October 2002
217,500
Ordinary Shares
Nil

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	217,500
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in bay-back	Nil

Other Holdings (no change

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest	Name of Holder: Gabor Investments Pty Ltd Nature of Interest of Director. As a shareholder of Gabor Investments Pty Ltd
Date of change	31 October 2002
No. of securities held prior to change	217,500
Class	Options
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	217,500
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Nil

Other Holdings (no change

Direct or indirect interest	Direct.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Name of Holder: Ian Norman Trahar Nature of Interest of Director: Direct ownership
Date of change	31 October 2002
No. of securities held prior to change	625,500

⁺ See chapter 19 for defined terms.

Appendix 3Y
Change of Director's Interest Notice

Ordinary Shares
Nil
Nil
Nil
625,500
Nil

Other Holdings (no change)

Direct
Name of Holder: Ian Norman Trahar Nature of Interest of Director: Direct ownership
31 October 2002
625,500
Options
Nil
Nil
Nil
625,500
Nil

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	. Not Applicable

⁺ See chapter 19 for defined terms.

Appendix 3Y Change of Director's Interest Notice

Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable

⁺ See chapter 19 for defined terms.