FLLYR: SAT: 2009 Full Year Financial Statements

11 Mar 2010 11:24 am

SAT 11/03/2010 FLLYR

REL: 1124 HRS Satara Co-operative Group (NS)

FLLYR: SAT: 2009 Full Year Financial Statements

Satara Co-operative Group have provided NZX with its 2009 Full Year Financial Statements.

RESULTS FOR ANNOUNCEMENT TO THE MARKET For the Year Ended 31 December 2009

Financial Summary Revenue from ordinary activities down 6% at $56,564,000 Profit from ordinary activities before rebate and tax down 26% to $3,058,000 Profit from ordinary activities after tax attributable to investors down 55% to $932,000 Net Profit attributable to investors down 55% to $932,000

Year Ended 31 December 2009 Year Ended 31 December 2008 Earnings Per Share Basic earnings per share 5.7 cents 12.8 cents Diluted earnings per share 5.7 cents 12.8 cents

Year Ended 31 December 2009 Year Ended 31 December 2008 Dividend Dividend (fully imputed) 2.0 cents Nil

A fully imputed dividend of 2.0 cents per share has been declared for the year ended 31 December 2009 (2008: nil).

An explanation of the figures reported above is provided in the following pages of this report along with a copy of the audited Financial Statements. End CA:00192358 For:SAT Type:FLLYR Time:2010-03-11:11:24:37

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