ELDERS LIMITED — Major Shareholding Notification 2009

Sep 9, 2009

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Elders Limited (previously 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	08 September 2009
of the substantial holder on
The previous notice was given to the	25 February 2009
company on
The previous notice was dated	25 February 2009

2. Previous and present voting power

2. Previous and present voting power	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:
Class of Security (4)	Previous Notice						Present Notice
	Person’s votes		Voting Power (5)				Person’s votes		Voting Power (5)
Ordinary	124,696,961		15.22%				114,663,108 13.99%
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:
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
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		Registered holder of			Person entitled to be				Nature of relevant		Class and number of
interest		securities			registered		as holder		interest		securities
M&G Investment Funds		Nortrust Noms			Nortrust Noms						35,000,000
(3)		Ltd A/C MKK01			Ltd A/C MKK01
M&G Investment
Management Limited									Power to
M&G Limited									exercise or
M&G Group Limited									control the
Prudentialplc									exercise of,
M&G Investment Funds		Nortrust Noms			Nortrust Noms				a right to		69,500,000
(1)		Ltd A/C MEJ01			Ltd A/C MEJ01				vote attached
M&G Investment									to the
Management Limited									securities.
M&G Limited
M&G Group Limited									Power to
Prudentialplc									dispose of,
M&G Investment Funds		Nortrust Noms			Nortrust Noms				or control		9,807,319
(1)		Ltd A/C MEQ01			Ltd A/C MEQ01				the exercise
M&G Investment									of a power	to
Management Limited									dispose of,
M&G Limited									the
M&G Group Limited									securities.
Prudentialplc

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		118,288
M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc (JPBC)	JACKSON PERSPECTIVE GBL BASICS	JACKSON PERSPECTIVE GBL BASICS		0
M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc (JBCS)	JNL/M&G GLOBAL BASICS FUND	JNL/M&G GLOBAL BASICS FUND		193,928
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		43,573

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
�����������������
Signature
print name	Dipesh Varsani		capacityNotifiables Administrator
sign here	Dipesh Varsani		date09 September 2009

Freehills Melbourne ASIC00603\003811236

Annex 1: Transactions 25 February 2009 to 08 September 2009

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
M&G Investment Management Limited, M&G Limited, M&G Group Limited, Prudential plc PRUCLT HSBC GIS NOM(UK) PPL AC
M&G Investment Management Limited, M&G Limited, M&G Group Limited, Prudential plc JACKSON PERSPECTIVE GBL BASICS (JPBC)	27-MAY-2009	-25,314		-97,427
M&G Investment Management Limited, M&G Limited, M&G Group Limited, Prudential plc JNL/M&G GLOBAL BASICS FUND (JBCS)	22-JUN-2009 24-JUL-2009	12,086 8,596		44,740 35,076
M&G Investment Funds (1) M&G Investment Management Limited M&G Limited M&G Group Limited Nortrust Noms Ltd A/C MEJ01 – AUST	08-SEP-2009	-2,513,343		-10,000,000
M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc (HSBC SEOUL GL BASICS MOTHER FUND) KBAS	29-MAY-2009 24-JUN-2009	-2,452 -1,755		-9,619 -6,623

Freehills Melbourne ASIC00603\003811236

Freehills Melbourne ASIC00603\003811236