<ELDERS RESOURCES LTD> FIRST HALF ENDED DEC 31 Net shr 7.6 cents vs 3.0 Int div 3.0 cents vs nil Net 16.93 mln vs 5.47 mln Sales 160.14 mln vs 2.35 mln. Other income 6.29 mln vs 10.05 mln Shrs 223.16 mln vs 183.68 mln. NOTE - Two-for-seven non-renounceable rights issue of 8.0 pct five-year subordinated convertible redeemable unsecured notes at 2.50 dlrs each. Each note is convertible into one share. Div pay May 1. Div and issue reg April 16. Net is after tax 7.04 mln dlrs vs 3.82 mln, interest 2.52 mln vs 1.14 mln, depreciation 2.43 mln vs 123,000 and minorities 3.41 mln vs 2.91 mln but before net extraordinary loss 821,000 vs nil. Company is owned 46.99 pct by Elders IXL Ltd <ELXA.S>.