ELDERS LIMITED — Board/Management Information 2011

Sep 29, 2011

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30 September 2011

Non-Executive Directors Announcement

Elders Limited (ASX:ELD) advises of the intention to appoint two non-executive directors, Ms Anna Buduls and Ms Josephine Rozman. It is proposed that, subject to the finalisation of the necessary approvals their appointment will commence effective from 15 November 2011.

Chairman John Ballard said “We are pleased to propose that directors with the background and commercial capabilities of Ms Buduls and Ms Rozman be appointed to Elders.”

“In particular, they both come with experience and skills proven in areas of high relevance to Elders, having performed director or senior executive roles within agriculture and related sectors and in business generally” he said.

Anna Buduls has over 16 years’ experience as a non-executive director on various listed company and government boards and she currently holds non-executive director roles on the Foreign Investment Review Board, Centro Properties Group, Centro Retail Limited and SAI Global Limited.

Josephine Rozman is a Chartered Accountant with extensive experience in the wine industry and in marketing. She is presently a Board Member of Wine Australia Corporation previously known as the Australian Wine and Brandy Corporation and has performed senior management roles for organisations including Blue Pyrenees Estates Pty Ltd (as the CEO), Nutrasweet Pty Ltd (Regional Director, Asia Pacific), Mildara Wines USA Limited, Synergy Marketing Pty Ltd and PriceWaterhouse (Australia & USA).

Following their appointment on 15 November 2011, both Ms Buduls and Ms Rozman will stand for election as non-executive directors at the Company’s 2011 Annual General Meeting to be held on Tuesday 20 December.

Sarah Graves Joint Company Secretary

08 8425 4646

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