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ELDERS LIMITED Capital/Financing Update 2012

Oct 28, 2012

64835_rns_2012-10-28_471040e0-c810-478c-87dc-d0dfd9a6b013.pdf

Capital/Financing Update

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==> picture [140 x 58] intentionally omitted <==

29 October 2012

Market Update

The Board of Elders Limited has resolved to commence a process to sell Elders Rural Services as part of an accelerated strategy to return value to stakeholders.

This sale process will occur concurrently with the sale process of Futuris Automotive previously announced to the market.

The Company is in discussions with its banking syndicate about an appropriate refinancing.

The market will be kept informed.

Further Comment:

Malcolm Jackman Chief Executive Officer 0439 642 876

Media Enquiries: