ELDERS LIMITED — Director's Dealing 2013

Jan 30, 2013

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 followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	MALCOLM GEOFFREY JACKMAN
Date of last notice	7 January 2013

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 relevantinterest.	N/A
Date of change	23 January 2013

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Appendix 3YChange of Director	’s Interest Notice
	N f ii hl	i h
	o. o securtes ed pr	or to cange	244,002	Ordinar	yfully	paid	shares
			ii
			comprsn	g:
			1(I	ndirect)
			.
			1	3,834 sh	ares held	in the Ja	ckman
			F	amily Sup	erannuati	on Fund	/C;
			2	it
			. (	rec)
			1	834 sha	res held	b CPU	Share
				,		y
			Pl	ans Pty	td (as Pl	an Truste	e1) for
			M	alcolm Ja	ckman; a	nd
			3. (	o relevan	t interest)
			4	334 h	d b K	it J	k
				, e	y	rsen a	cman
			w	here Ma	lcolm Ja	ckman h	as no
			re	levant int	erest.
			1,000 Hy	rid conve	rtible uns	ecured no	tes.
	Cl
	ass		Ordinary	fully pai
	Number acquired		08 ord	inar sh	res ac	ired on	behalf
			3,7	y	q
			of Malcol	m Jackm	an b the	Plan Tru	stee1
					y
	Number disposed		Nil
	Vl/Cnidrtin
	aueoseao		$416.67
	Note: If consideration is non	‐cash, provide details and estimated
	valuation
	No. of securities held af	ter change	247089	Ordinar	fully	paid	shares
			,
			comprisin	g:
			4I	di
			. (	nrect)
			1	3834 sh	res held	in the Ja	ckman
				,
			F	mily Sup	erannuati	on Fund A	/C;
			5. (	irect)
			1	,921 sha	res held	by CPU	Share
			P	P	d Pl	T	1f
				ans ty	t (as	an ruste	e) or
			M	alcolm Ja	ckman a	d
					;
			6. (N	o relevan	t interest)
			4	,334 he	d by K	risten Ja	ckman
			w	here Ma	colm Ja	ckman h	as no
				lt it	t
			re	evan n	res.
			1000 Hyb	rid conve	rtible uns	ecured no	tes
			,				.
	Nature of change
	Example: on‐market trade, o	ff‐market trade, exercise of options,	Di	t
	issue of securities under divide	nd reinvestment lan articiation in	(re	)
		p, pp	On m	arket u	chase
	buy‐back			p
	1CPU Share Plans PtLtd as	Plan Trustee of the Elders Deferred Emloee Share		lan
	y	py
	+ See chapter 19 for defin	ed terms.

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

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand 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 detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Peter Hastings Company Secretary 31 January 2013

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3