ELDERS LIMITED — Major Shareholding Notification 2008

Jul 9, 2008

	Form 604
	Corporations Law
	Section 671B
	Notice of change of interests of substantial holder
To Company Name/Scheme	Futuris Corporation Limited
ACN/ARSN
1. Details of substantial holder
Name	Prudential plc
	M&G Investment Management Limited
	M&G Investment Funds (1)
	M&G Limited
	M&G Group Limited
ACN/ARSN (if applicable)
There was a change in the interests	07 July 2008
of the substantial holder on
The previous notice was given to the	30 June 2008
company on
The previous notice was dated	30 June 2008

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate(2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

	Previous Notice Class of Security (4)	Previous Notice Class of Security (4)				Present Notice
		Person’s votes	Voting Power (5)			Person’s votes		Voting Power (5)
	Ordinary	93,833,753	12.02%			102,547,247		13.14%
	anges in relevant interests
	lars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the								company or scheme,	since the
	ntial holder was last required to give a substantial holding notice		to	the company or scheme are as follows:
	Date of	Person whose relevant interest changed		Nature of	Consideration given in		Class and	number	Person’s votes affected
	change			change (6)	relation	to change (7)	of securities affected
		M&G Investment Funds (1)
		M&G Investment Funds (3) M&G Investment		PLEASE	SEE ANNEX 1 (Below)
		Management Limited
		M&G Limited
		M&G Group Limited
		Prudential plc

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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:

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities
M&G Investment Funds (3) M&G Investment Management Limited M&G Limited M&G Group Limited Prudentialplc	Nortrust Noms Ltd A/C MKK01	Nortrust Noms Ltd A/C MKK01	Power to exercise or control the exercise of, a right to vote attached to the securities. Power to dispose of,	30,000,000
M&G Investment Funds (1) M&G Investment Management Limited M&G Limited M&G Group Limited Prudentialplc	Nortrust Noms Ltd A/C MEJ01	Nortrust Noms Ltd A/C MEJ01		62,480,000
M&G Investment Funds (1) M&G Investment Management Limited M&G Limited M&G Group Limited Prudentialplc	Nortrust Noms Ltd A/C MEQ01	Nortrust Noms Ltd A/C MEQ01	or control the exercise of a power to dispose of, the securities.	9,900,000

Freehills Melbourne ASIC00603\003811236

M&G Investment Management Limited M&G Limited M&G Group Limited Prudentialplc	PRUCLT HSBC GIS NOM(UK) PPL AC	PRUCLT HSBC GIS NOM(UK) PPL AC		112,712
M&G Investment Management Limited M&G Limited M&G Group Limited Prudentialplc	HSBC SEOUL GL BASICS MOTHER FD	HSBC SEOUL GL BASICS MOTHER FD		54,535

5. Changes in association The persons who have been associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and CAN/ARSN (if applicable)	Name and CAN/ARSN (if applicable)	Nature of association
6. Addresses
The addresses of persons named in this	form are as follows:
Name		Address
M&G Investment Funds(1)		Laurence Pountney Hill, London	EC4R 0HH, England
M&G Investment Funds(3)		Laurence Pountney Hill, London	EC4R 0HH, England
M&G Investment Management		Laurence Pountney Hill, London	EC4R 0HH, England
Limited
M&G Limited		Laurence Pountney Hill, London	EC4R 0HH, England
M&G Group Limited		Laurence Pountney Hill, London	EC4R 0HH, England
Prudential plc		Laurence Pountney Hill, London	EC4R 0HH, England
Nortrust Nominees		The Northern Trust Company, 50	Bank Street, Canary
		Wharf, London E14 5NQ, England
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Signature
print name	Dipesh Varsani		capacityNotifiables Administrator
sign here	Dipesh Varsani		date09 July 2008

Freehills Melbourne ASIC00603\003811236

Annex 1: Transactions 27 June 2008 to 07 July 2008

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash	Ord NPV
M&G Investment Funds (3) M&G Investment Management Limited M&G Limited M&G Group Limited Nortrust Noms Ltd A/C MKK01 – REC	-
M&G Investment Funds (1) M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc Nortrust Noms Ltd A/C MEQ01 – FARE	27-JUNE-08	970,492		841,856
M&G Investment Management Limited, M&G Limited, M&G Group Limited, Prudential plc PRUCLT HSBC GIS NOM(UK) PPL AC	-
M&G Investment Funds (1) M&G Investment Management Limited M&G Limited M&G Group Limited Nortrust Noms Ltd A/C MEJ01 – AUST	27-JUNE-08 02-JULY-08 03-JULY-08 04-JULY-08 07-JULY-08	2,757,083 1,921,094 1,685,073 1,514,881 1,363,269		2,391,638 1,700,000 1,450,000 1,224,672 1,105,328

Freehills Melbourne ASIC00603\003811236