SSH: SAT: SSH (Robert Famularo)

8 Jul 2010 4:50 pm

SAT 08/07/2010 SSH

REL: 1649 HRS Satara Co-operative Group (NS)

SSH: SAT: SSH (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: 08 July 2010 To: NZX And: Satara Co-Operative Group Date this disclosure made: 08 July 2010 Date last disclosure made: 15 June 2010 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: 1,409,099 (b) total in class: 16,340,361 (c) total percentage held in class: 8.62% For last disclosure,-- (a) total number held in class: 1,238,136 (b) total in class: 16,340,361 (c) total percentage held in class: 7.58%

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 05/07/10 Buy on market 10000 07/07/10 Buy on market 160963 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:00197105 For:SAT Type:SSH Time:2010-07-08:16:50:02

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