SSH: SAT: SSH Notice (Robert Famularo)

18 Mar 2010 8:34 am

SAT 18/03/2010 SSH

REL: 0834 HRS Satara Co-operative Group (NS)

SSH: SAT: SSH Notice (Robert Famularo)

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest or both

Sections 23 and 24, Securities Markets Act 1988 Relevant event being disclosed: movement of 1%

Date of relevant event: 16 March 2010

To: NZX And: Satara Co-Operative Group

Date this disclosure made: 17 March 2010 Date last disclosure made: 05 October 2009

Substantial security holder(s) giving disclosure Name(s): Robert Famularo Contact details: rfamularo@xtra.co.nz, phone 021 719 147

Summary of substantial holding to which disclosure relates Class of listed voting securities: Ordinary Summary for: Robert Famularo

For this disclosure,-- (a) total number held in class: 1,053,596 (b) total in class: 16,340,361 (c) total percentage held in class: 6.45%

For last disclosure,-- (a) total number held in class: 845,586 (b) total in class: 16,340,361 (c) total percentage held in class: 5.17%

Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure under the instructions to this form: movement of 1% Date Type Quantity 16/03/10 Buy on market 50000 16/03/10 Buy on market 75000 05/03/10 Buy on market 8384 05/03/10 Buy on market 5000 05/03/10 Buy on market 4000 08/02/10 Buy on market 25000 08/02/10 Buy on market 1616 05/02/10 Buy on market 15000 18/01/10 Buy on market 9010 13/01/10 Buy on market 15000

Details of relevant interests in substantial holding after relevant event Details for: not applicable Nature of relevant interest(s): not applicable For that relevant interest,-- (a) number held in class not applicable (b) percentage held in class: not applicable (c) current registered holder(s) of securities: not applicable (d) registered holder(s) of securities once transfers registered: not applicable

Additional information Nature of connection between substantial security holders: not applicable Address(es) of substantial security holder(s): not applicable Name of any other person believed to have given, or believed to be required to give, a disclosure under the Act in relation to the securities to which this disclosure relates: not applicable

Declaration I, Robert Famularo, declare that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00192625 For:SAT Type:SSH Time:2010-03-18:08:34:44

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