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ELDERS LIMITED — Fund Information / Factsheet 2009
Jun 30, 2009
64835_rns_2009-06-30_4c3ed8bc-a7a6-464b-89b0-9ec68d23c283.pdf
Fund Information / Factsheet
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1 July 2009
Company Announcements Office Australian Securities Exchange
2009 MIS Sales
Elders Limited (ASX:ELD) (Elders) reports that its wholly owned subsidiary ITC Limited, has recorded managed investment scheme (MIS) sales totalling approximately $24 million (exclusive of GST) for the year ended 30 June 2009. The sales will fund establishment of approximately 3,700 hectares of plantation.
Mr Vince Erasmus, Chief Executive Officer of ITC, described the sales result as pleasing, given the impact of the collapse of Great Southern Limited and Timbercorp and uncertainty in financial markets on MIS investor confidence.
Further comment:
Vince Erasmus 0429 920 295 Chief Executive Officer, ITC
Further information:
Don Murchland 0439 300 932 Investor Relations Manager
Elders Limited ABN 34 004 336 636 Registered office: Level 3, 27 Currie Street, Adelaide, South Australia 5000. Postal Address: GPO Box 1176, Adelaide, South Australia 5001. Telephone: (08) 8425 4000 Facsimile: (08) 8410 1597