SEAFARMS GROUP LIMITED — Director's Dealing 2009

Jul 27, 2009

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Our Ref: CO2 ASX Announce Appendix 3Y AWG, PJF & MBH 28‐07‐09 (258)

28 July 2009

ANNOUNCEMENT 258

Company Announcements Office Australian Stock Exchange 10[th] Floor 20 Bond Street SYDNEY NSW 2000

By ASX Online Number of pages: 10 (including this page)

Dear Sir

Change in Director’s Interests

Following is Change of Director’s Interests Notice for Andrew Grant, Paul Favretto and Malcolm Hemmerling.

Yours faithfully

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Harley Whitcombe Company Secretary

CO2 Group Limited Level 11, 225 St Georges Terrace Perth WA 6000 PO Box 7312 Cloisters Square Perth WA 6850

Tel. 08 9321 4111 ABN 50 009 317 846 Fax. 08 9321 4411 www.co2australia.com.au

Appendix 3Y Change of Director’s Interest Notice

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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	Paul John Favretto
Date of last notice	10 October 2008

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.

Holding Number 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:Pinnacle Superannuation Pty Ltd Nature of Interest of Director:Beneficiary of superannuation fund
Date of change	24 July 2009
No. of securities held prior to change	4,802,616
Class	Ordinary Shares
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	4,802,616
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/a

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Paul John Favretto
Date of last notice	10 October 2008

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.

Holding Number 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:Pinnacle Superannuation Pty Ltd Nature of Interest of Director:Beneficiary of superannuati0n fund
Date of change	24 July 2009
No. of securities held prior to change	3,366,145
Class	Listed Options
Number acquired	125,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,000.00
No. of securities held after change	3,491,145
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Off market purchases

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Appendix 3Y Change of Director’s Interest Notice

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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	Paul John Favretto
Date of last notice	10 October 2008

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.

Holding Number 3

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:Favcor Pty Ltd Nature of Interest of Director:Direct shareholding
Date of change	24 July 2009
No. of securities held prior to change	7,697,906
Class	Ordinary Shares
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0
No. of securities held after change	7,697,906
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/a

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Paul John Favretto
Date of last notice	10 October 2008

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.

Holding Number 4

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:Favcor Pty Ltd Nature of Interest of Director:Direct shareholding
Date of change	24 July 2009
No. of securities held prior to change	4,133,333
Class	Listed Options
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0
No. of securities held after change	4,133,333
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/a

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Andrew William Thorold GRANT
Date of last notice	22 May 2008

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.

Holding Number 1

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/a
Date of change	24 July 2009
No. of securities held prior to change	3,048,061
Class	Listed Options
Number acquired	Nil
Number disposed	125,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,000
No. of securities held after change	2,923,061
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Off market transactions

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Andrew William Thorold GRANT
Date of last notice	22 May 2008

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.

Holding Number 2

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/a
Date of change	24 July 2009
No. of securities held prior to change	Nil
Class	Unlisted Options
Number acquired	6,000,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	6,000,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/a

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Andrew William Thorold GRANT
Date of last notice	22 May 2008

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.

Holding Number 3

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: 1.A & L Grant Superannuation Fund 2.Andrew Grant ATF The Grant Super Fund Nature of Interest of Director:As beneficiary of the Superannuation Fund
Date of change	24 July 2009
No. of securities held prior to change	1. 403,473 2. 842,120
Class	Options
Number acquired	1. 527,876 2. Nil
Number disposed	1. Nil 2. 527,876
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. Nil 2. Nil
No. of securities held after change	1. 931,349 2. 314,244
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend	Correction

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Malcolm Brian Hemmerling
Date of last notice	3 December 2008

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.

Holding Number 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:1. Hemmerling Family Superannuation Fund Nature of Interest of Director:As beneficiary of the FamilyTrust
Date of change	28 July 2009
No. of securities held prior to change	60,000
Class	Fully paid ordinary shares
Number acquired	15,000 (Correction)
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	-
No. of securities held after change	75,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Correction to previous announcements. Holding as at date of appointment. No change since appointment.

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Appendix 3Y Change of Director’s Interest Notice

==> picture [61 x 30] intentionally omitted <==

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	Malcolm Brian Hemmerling
Date of last notice	3 December 2008

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.

Holding Numbere Number 2

Holding Numbere Number 2
Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	-
Date of change	28 July 2009
No. of securities held prior to change	3,000,000
Class	Unlisted 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	3,000,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Not Applicable

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