SEAFARMS GROUP LIMITED — Director's Dealing 2019

May 28, 2019

Our Ref: SFG ASX Announce Change in Directors Interests (618)

29 May 2019

ANNOUNCEMENT 618

Market Announcements Office Australian Securities Exchange Level 6 By ASX Online 20 Bridge Street Number of pages: 14 SYDNEY NSW 2000 (including this page)

Change in Director's Interests

Following are Change of Director's Interest Notices subsequent to the take up of Shares in the Share Purchase Plan by those Director's entitled to apply for Shares.

Please telephone Harley Whitcombe on (08) 9216 5200 with any queries.

Yours faithfully Seafarms Group Limited

Harley Whitcombe Director and Company Secretary

ENC

About Seafarms Group

Seafarms Group Limited (ASX: SFG) is an ASX listed holding company with separate subsidiary aquaculture companies., Seafarm Operations Pty Ltd operates aquaculture operations in northern Queensland, producing high‐quality seafood. Seafarms is currently the largest producer of farmed prawns – growing, processing and distributing the well‐known Crystal Bay Prawns™ premium brand.

For further information refer the company's web site: www.seafarms.com.au

Project Sea Dragon

Project Sea Dragon Pty Ltd is developing Australia's largest integrated land‐based prawn aquaculture project in northern Australia designed to produce high quality, year‐round reliable volumes for export markets.

For further information refer the company's web site: www.seafarms.com.au/about‐project‐sea‐dragon/

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity	SEAFARMS 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	17 July 2017

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

Direct or indirect interest	See attached schedule of holdings of entitiescontrolled by Ian Norman Trahar.
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	See attached schedule of holdings
Date of change	29 May 2019
No. of securities held prior to change	1.453,391,2272.21,708,333
Class	1.Ordinary shares2.2021 Options
Number acquired	1.1,166,6622.0
Number disposed	1.02.0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1.$105,000.002.$0.00
No. of securities held after change	1.454,557,8892.21,708,333
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Take up of Shares in Share Purchase Plan

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where priorwritten clearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

Schedule of shareholdings as at 29 May 2019

Name of Registered Holder	Sharesheld	Current % (undiluted)
Gabor Holdings Pty Ltd as trustee for the Tricorp Trust	196,685,268	9.97
Gabor Holdings Pty Ltd	21,016,472	1.07
Gabor Investments Pty Ltd	828,232	0.04
Arlec Australia Pty Ltd	795,748	0.04
Zeppelin Holdings Pty Ltd	1,184,628	0.06
Avatar Industries Pty Ltd	232,379,350	11.79
Ian Norman Trahar	1,668,191	0.08
Total Voting Power	454,557,889	23.05

Total Seafarms Group Shares on Issue 1,972,053,969

Schedule of option holdings as at 29 May 2019

Name of Registered Holder	Sharesheld	Current % (undiluted)
Gabor Holdings Pty Ltd as trustee for the Tricorp Trust	125,000	0.08
Gabor Holdings Pty Ltd	125,000	0.08
Gabor Investments Pty Ltd	125,000	0.08
Arlec Australia Pty Ltd	125,000	0.08
Zeppelin Holdings Pty Ltd	125,000	0.08
Avatar Industries Pty Ltd	20,958,333	13.60
Ian Norman Trahar	125,000	0.08
Total Voting Power	21,708,333	14.08

Total Seafarms Group Shares on Issue 154,144,416

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 30/09/01 Amended 01/01/11

Name of entity	SEAFARMS 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	22 May 2018

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

Direct or indirect interest	See attached schedule of holdings
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	See attached schedule of holdings
Date of change	29 May 2019
No. of securities held prior to change	1.18,048,2592.250,000
Class	1.Ordinary shares2.2021 Options
Number acquired	1.249,9992.0
Number disposed	1.02.0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1.$22,500.002.$0.00
No. of securities held after change	1.18,298,2582.250,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Take up of Shares in Share Purchase Plan

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where priorwritten clearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

Schedule of shareholdings as at 29 May 2019

Name of Registered Holder	Shares held	Current % (undiluted)
City Lane Pty Ltd	15,417,128	0.78
City Lane Pty Ltd	2,881,130	0.15
Total Voting Power	18,298,258	0.93

Total Seafarms Group Shares on Issue 1,972,053,969

Schedule of option holdings as at 29 May 2019

Name of Registered Holder	Options held	Current %
City Lane Pty Ltd	125,000	0.08
City Lane Pty Ltd	125,000	0.08
Total Voting Power	250,000	0.16

Total Seafarms Group Options on Issue 154,144,416

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity	SEAFARMS 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	Christopher David Mitchell
Date of last notice	22 May 2018

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

Direct or indirect interest	See attached schedule of holdings
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	See attached schedule of holdings
Date of change	29 May 2019
No. of securities held prior to change	1.10,993,9362.250,000
Class	1.Ordinary shares2.2021 Options
Number acquired	1.333,3322.0
Number disposed	1.02.0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1.$30,000.002.$0.00
No. of securities held after change	1.11,327,2682.250.000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Take up of Shares in Share Purchase Plan

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where priorwritten clearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

Schedule of shareholdings as at 29 May 2019

Name of Registered Holder	Shares held	Current % (undiluted)
Christopher David Mitchell and Catherine Judith
Mitchell	9,688,381	0.49
Mitchell Nominees Pty Ltd <mitchell retirement<="" td="">
Fund>	1,638,887	0.08
Total Voting Power	11,327,268	0.57

Total Seafarms Group Shares on Issue 1,972,053,969

Schedule of option holdings as at 29 May 2019

Name of Registered Holder	Options held	Current %
Christopher David Mitchell and Catherine Judith
Mitchell	125,000	0. 08
Mitchell Nominees Pty Ltd <mitchell retirement<="" td="">
Fund>	125,000	0.08
Total Voting Power	250,000	0.16

Total Seafarms Group Options on Issue 154,144,416

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 30/09/01 Amended 01/01/11

Name of entity	SEAFARMS 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	17 July 2017

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

Direct or indirect interest	See attached schedule of holdings
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	See attached schedule of holdings
Date of change	29 May 2019
No. of securities held prior to change	1.37,750,0002.125,000
Class	1.Ordinary shares2.2021 Options
Number acquired	1.166,6662.0
Number disposed	1.02.0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1.$15,000.002.$0.00
No. of securities held after change	1.37,916,6662.125,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Take up of Shares in Share Purchase Plan

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where priorwritten clearance was required?
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

Schedule of holdings as at 29 May 2019

Name of Registered Holder	Shares held	Current % (undiluted)
Pinnacle Superannuation P/L	37,916,666	1.92
Total Voting Power	37,916,666	1.92

Total Seafarms Group Shares on Issue 1,972,053,969

Schedule of holdings as at 29 May 2019

Name of Registered Holder	Shares held	Current % (undiluted)
Pinnacle Superannuation P/L	125,000	0.08
Total Voting Power	125,000	0.08

Total Seafarms Group Shares on Issue 154,144,416