SEAFARMS GROUP LIMITED — Director's Dealing 2007

Sep 12, 2007

™ CO2 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 Facsimile: (08) 9321 4411 www.co2australia.com.au

Our Ref: CO2 ASX Announce Appendix 3Y INT, HRW 13-09-07 (190)

13 September 2007

Company Announcements Office Australian Stock Exchange 10th Floor By ASX Online 20 Bond Street Number of pages: 3 SYDNEY NSW 2000 (including this page)

ANNOUNCEMENT 190

Dear Sir

Change of Directors Interest Notices Exercise Of Convertible Preference Shares

Following are change in director's interests subsequent to the allotment of shares under the Company's Share Purchase Plan.

For further information regarding this media release please contact Mr Harley Whitcombe on (08) 9321 4111.

Yours faithfully

Harley Whitcombe Company Secretary

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 CO2 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	Ian Norman Trahar
Date of last notice	20 April 2007

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 1
----------	--

Direct or indirect interest	Indirect
Nature of indirect interest	Name of Holder: Gabor Holdings Pty Ltd
(including registered holder)	Nature of Interest of Director: Direct
Note: Provide details of the circumstances giving rise to the relevant
interest.	Shareholding
Date of change	13 September 2007
No. of securities held prior to change	79,116,062
Class
	Ordinary Shares
Number acquired	10,000,000
Number disposed	Nil
Value/Consideration	$649,900.00
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	89,116,062
Nature of change	Conversion of Convertible Preference
Example: on-market trade, off-market trade, exercise of options, issue of	Shares
securities under dividend reinvestment plan, participation in buy-back

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 CO2 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	Harley Ronald Whitcombe
Date of last notice	12 July 2007

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

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of change	Name of Holder: 1. City Lane Pty Ltd as trusteeof the Whitcombe Family Trust) and 2. City LanePty Ltd as trustee of the Harley RonaldWhitcombe Superannuation Fund)Nature of Interest of Director: As beneficiary ofthe Family Trust and Superannuation Fund13 September 2007
No. of securities held prior to change	1.2,655,8512.1,023,025
Class	Ordinary Shares
Number acquired	1.5,000,0012.N/a
Number disposed	1.Nil2.N/a
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1.$324,950.062.N/a
No. of securities held after change	1.7,655,8522.1,023,025
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	1.Exercise Convertible Pref Shares2.N/a