ELDERS LIMITED — Capital/Financing Update 2014

Sep 25, 2014

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

26 September 2014

Conclusion of AWH divestment

Further to its announcement dated 5 September 2014 in relation to the sale of its 50% interest in AWH Pty Ltd, Elders (ASX: ELD) confirms that all post completion steps have occurred and approvals obtained.

Proceeds from the transaction were $32.3 million. The current Elders book value of the asset is $28.4 million.

This now completes Elders’ non-core asset divestment program.

Further Comment:

Mark Allison Chief Executive Officer 0439 030 905

1