ELDERS LIMITED — Director's Dealing 2012

Oct 28, 2012

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 30/09/01 Amended 01/01/11

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	MALCOLM GEOFFREY JACKMAN
Date of last notice	5 October 2012

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	23 October 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Appendix 3Y Change of Director’s Interest Notice
No. of securities held prior to change	236,010 Ordinary fully paid shares comprising: 1. (Indirect) 183,834 shares held in the Jackman Family Superannuation Fund A/C; 2. (Direct) 4,842 shares held by CPU Share Plans Pty Ltd (as Plan Trustee1) for Malcolm Jackman; and 3. (No relevant interest) 47,334 held by Kristen Jackman where Malcolm Jackman has no relevant interest. 1,000 Hybrid convertible unsecured notes.
Class	Ordinary fully paid
Number acquired	1,544 ordinary shares acquired on behalf of Malcolm Jackman by the Plan Trustee1
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$416.67
No. of securities held after change	237,554 Ordinary fully paid shares comprising: 4. (Indirect) 183,834 shares held in the Jackman Family Superannuation Fund A/C; 5. (Direct) 6,386 shares held by CPU Share Plans Pty Ltd (as Plan Trustee1) for Malcolm Jackman; and 6. (No relevant interest) 47,334 held by Kristen Jackman where Malcolm Jackman has no relevant interest. 1,000 Hybrid convertible unsecured notes.

1 CPU Share Plans Pty Ltd as Plan Trustee of the Elders Deferred Employee Share Plan

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on‐market trade, off‐market trade, exercise of options, (Direct) issue of securities under dividend reinvestment plan, participation in buy‐back On market purchase

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.

	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	(Direct) On market purchase	(Direct) On market purchase	(Direct) On market purchase	(Direct) On market purchase	(Direct) On market purchase
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” sh be disclosed in this part. Detail of contract N/A
	Detail of contract				N/A
		ature of intere	st		N/A
	N	ame of registe f issued secur	red holder ities)		N/A
	(i
	D
		ate of change			N/A
	N	o. and class	of securities t	o which	N/A
	interest related prior to change
	Note: Details are only required for a contract in relation to which the interest has changed
	Interest acquired				N/A
	Interest disposed				N/A
	Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation				N/A
	Interest after change				N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Peter Hastings Company Secretary 29 October 2012

• See chapter 19 for defined terms.

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