ELDERS LIMITED — Major Shareholding Notification 2008

Nov 10, 2008

Form 605

Corporations Law Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	To Company Name/Scheme
		Futuris Corporation Limited
ABN/ARSN		004 336 636
1. Details of substantial
holder (1)
Name		Schroder Investment Management					Australia Limited
ABN/ARSN (if	applicable)	22 000 443 274
Theholderceased to be a substantial holderon				05/11/2008
The previousnoticewas given		to the company on		14/04/2008
The previousnoticewas dated				09/04/2008
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting											securities of the
company or scheme, since the substantial holder was last required						to give a substantial holding notice to the			company or scheme are as follows:
	Date of	Person whose	Nature of			Consideration		Class (6) and	Person’s voted
	change	relevant interest	change (4)			given in relation to		number of	affected
		changed				change (5)		securities
								affected
	10/04/08
	–		Addition
	05/11/08	SIMAL	ofShares				393,205.79	223,358	223,358
	10/04/08
	–		Delivery
	05/11/08	SIMAL	ofShares				2,265,064.02	1,480,434	1,480,434
	10/04/08
	–
	05/11/08	SIMAL	Purchase				7,438,374.82	6,316,978	6,316,978
	10/04/08
	–
	05/11/08	SIMAL	Sale				6,937,957.64	4,888,726	4,888,726
3. Changes in association
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of									their association (7) with, the substantial
holder in relation to voting interests in the company or scheme are						as follows:
	Name and ACN/ARSN (if applicable)				Nature of association
	Schroder Investment (Singapore)				Related Fund Manager
	Limited (“SIMSL”)
	Schroder Investment Management				Related Fund Manager
	(Australia)Limited (“SIMAL”)
	Schroder Investment Management				Related Fund Manager
	(HongKong)Limited (“SIMHK”)
	Schroder Investment Management UK				Related Fund Manager
	Limited (“SIMUK”)

Name and ACN/ARSN (if applicable)	Nature of association
Schroder Investment (Singapore)	Related Fund Manager
Limited (“SIMSL”)
Schroder Investment Management	Related Fund Manager
(Australia)Limited (“SIMAL”)
Schroder Investment Management	Related Fund Manager
(HongKong)Limited (“SIMHK”)
Schroder Investment Management UK	Related Fund Manager
Limited (“SIMUK”)
Schroder Investment Management North	Related Fund Manager
America (“SIMNA”)

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Schroder Investment (Singapore) Limited (“SIMSL”)	65 Chulia Street #46-00 OCBC Centre, Singapore 049513
Schroder Investment Management (Australia)Limited (“SIMAL”)	Level 20 Angel Place, 120 Pitt Street, Sydney, 2000, Australia
Schroder Investment Management (HongKong)Limited (“SIMHK”)	19 thFloor, Two Exchange Square, 8 Connaught Place, Central, HongKong SAR
Schroder Investment Management UK Limited (“SIMUK”)	31 Gresham Street, London EC2V 7QA, UK
Schroder Investment Management North America (“SIMNA”)	31 Gresham Street, London EC2V 7QA, UK