ELDERS LIMITED — Board/Management Information 2013

Jan 24, 2013

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25 January 2013

CFO transition

Elders Limited (ASX: ELD) advises that its Chief Financial Officer, Mark Hosking, will leave the business on 31 January 2013 to allow the company to execute a succession plan which will see current Elders Limited Deputy Chief Financial Officer, Richard Davey, transition into the role.

Elders Limited Chief Executive Officer, Malcolm Jackman thanked Mr Hosking for his contribution and achievements with the company since 30 June 2009.

“During Mark’s three and half years with the company he has achieved significant milestones such as large-scale debt reduction, refinancing and corporate transactions and I have enjoyed working with him,” Mr Jackman said.

“The successful completion of the most recent refinance package and the status of the sales processes for Elders Rural Services and Futuris Automotive represent an appropriate time to execute the long held CFO succession plan in a seamless manner,” he said.

Mr Hosking will be replaced by Elders Limited Deputy Chief Financial Officer, Richard Davey, a Chartered Accountant, who has held senior finance positions with the company since joining Elders in June 2002 and prior to this spent more than eight years with PricewaterhouseCoopers in Australia and Canada.

“Richard brings to the role an in-depth understanding of the Elders business and well developed leadership and financial management skills,” Mr Jackman said.

“I wish Mark well in the future and I look forward to working with Richard to make this a smooth transition and continuing the sales process for both Elders Rural Services and Futuris Automotive which are both well advanced and tracking to plan,” he said.

Further comment:

Malcolm Jackman 0439 642 876 Chief Executive Officer

Media queries:

Amy McDonald 0419 226 384 Senior Communications Adviser

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