ELDERS LIMITED — Capital/Financing Update 2009

Jun 14, 2009

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Company Announcements Australian Securities Exchange

15 June 2009

Sale of Abattoir Interests

Elders is set to complete another asset sale under its Agenda for Change company renewal program with agreement being reached for sale of its shareholding in the Harvey Beef abattoir.

Under the agreement Elders will sell its 20% interest in Harvey Industries Group to Harmony Investment Fund, with proceeds of $0.7 million.

Elders’ remaining abattoir interest, a 20% interest in Kilcoy Pastoral Company, is subject to an ongoing sales process.

The sale of the shareholding in Harvey Beef follows other asset sales under the Agenda for Change program including shareholdings in Webster Limited, Amcom, Australian Agricultural Company, citrus operations and fodder interests.

Further Comment:

Malcolm Jackman 0439 642 876 Chief Executive Officer

Further information:

Don Murchland 0439 300 932 Investor Relations Manager

Elders Limited ABN 34 004 336 636 Registered office: Level 3, 27 Currie Street, Adelaide, South Australia 5000. Postal Address: GPO Box 1176, Adelaide, South Australia 5001. Telephone: (08) 8425 4000 Facsimile: (08) 8410 1597