ELDERS LIMITED — Share Issue/Capital Change 2007

Jul 10, 2007

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11 July 2007

Company Announcements Platform Australian Stock Exchange Limited

Allotment of Futuris Shares

In accordance with the Appendix 3B dated and lodged 14 June 2007, Futuris Corporation Limited confirms that it has issued and allotted 1,163,914 fully paid ordinary shares (FCLN) on 9th July 2007 as a result of Convertible Note conversion notices received between 27[th] and 30[th] of June 2007.

The new total of issued fully paid ordinary shares (FCLN) in Futuris is 3,341,595.

The total of issued fully paid ordinary shares (FCL) in Futuris is 732,298,533.

The new total of issued convertible notes (FCLGA) in Futuris is 57,119,165

Fully paid ordinary shares (FCLN) will merge with existing fully paid ordinary shares (FCL) on the day following the record date for the Company’s 2007 final dividend.

Sonya Furey Company Secretary

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Level 6, 27 Currie Street, Adelaide, SA 5000 GPO Box 551 Adelaide SA 5001 Telephone: (08) 8425 4999 Facsimile: (08) 8410 1597 Futuris Corporation Limited A.B.N. 34 004 336 636