ELDERS LIMITED — Director's Dealing 2010

Jun 30, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELDERS LIMITED ABN 34 004 336 636

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MALCOLM GEOFFREY JACKMAN
Date of last notice	6 JANUARY 2010

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	1. Direct
	2. Indirect
	3. No relevant interest
Nature of indirect interest	1. (Direct)
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Mr Malcolm Geoffrey Jackman &MrsKristenElaineJackman
	<Jackman Family Superannuation
	Fund A/C> - beneficially owned by
	Malcolm Jackman;
	2. (Indirect)
	MrsKristenElaine	Jackman–
	Malcolm Jackman has	a relevant
	interest.
	3. (No relevant interest)
	Mrs Kristen Elaine	Jackman –
	Malcolm Jackman has	no relevant
	interest.
Date of change	1. (Direct)
	25 June 2010
	2. (Indirect)
	N/A
	3. (No relevant interest)
	23 June 2010

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	39,668Ordinaryfullypaidsharescomprising:1. (Direct)16,334 shares held in the JackmanFamily Superannuation Fund A/C;and2. (Indirect)23,334 held by Kristen Jackmanwhere Malcolm Jackman has arelevant interest.3. (No relevant interest)NIL1,000Hybrid convertible unsecured notes.
Class	Ordinary shares
Number acquired	1. (Direct)67,5002. (Indirect)NIL3. (No relevant interest)24,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	1. (Direct)$24,637.502. (Indirect)NIL3. (No relevant interest)$9,960.00
No. of securities held after change	131,168Ordinaryfullypaidsharescomprising:1. (Direct)83,834 shares held in the JackmanFamily Superannuation Fund A/C;and2. (Indirect)23,334 held by Kristen Jackmanwhere Malcolm Jackman has arelevant interest.3. (No relevant interest)24,000 held by Kristen Jackmanwhere Malcolm Jackman has norelevant interest.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	1. (Direct)On market purchase2. (Indirect)N/A3. (No relevant interest)On market purchase

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	NIL
Nature of interest	NIL
Name of registered holder(if issued securities)	NIL
Date of change	NIL
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	NIL
Interest acquired	NIL
Interest disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	NIL
Interest after change	NIL

Peter Hastings Company Secretary 30 June 2010

• See chapter 19 for defined terms.

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