Saunders International Limited Issues FY 2011 Earnings Guidance

Saunders International Limited announced that for fiscal 2011, it expects operating profit before tax to be approximately AUD 6.3 million before expensing the legal costs associated with the previously reported contract dispute which has been the subject of a recently completed arbitration. In addition, the Company also forecasts the net profit after tax for fiscal 2011 to be approximately AUD 1.8 million which would be 46% of the fiscal 2010 result.