13 January 2017

The Manager

Company Announcements Australian Securities Exchange

Dear Sir/Madam,

HALF YEAR 2017 EARNINGS GUIDANCE

Sunland Group Limited (ASX: SDG) is pleased to announce earnings guidance for the first half of the 2017 financial year of approximately $3.0 million net profit after tax.

The Group has provided the guidance to enable the commencement of its on-market share buyback program, announced 13 December 2016, prior to the release of the Company's results for the period ending 31 December 2016.

The half year earnings guidance is subject to the completion of the review of the accounts by the Group's auditors and Board approval.

Sunland Group Managing Director, Sahba Abedian, said the Group is on track to achieve its full year earnings guidance of $35 million in accordance with the company announcement made on 24 November 2016.

"We believe it is prudent to provide this guidance to enable the share buyback to commence ahead of the release of the Company's half year results," Mr Abedian said.

"The majority of revenue from settlements are weighted to the second half of the 2017 financial year."

Grant Harrison Company Secretary Media contact: Sarah Dixon, National Communication Manager, 0418 748 892.

SUNLANDGROUP.COM.AU

SUNLAND GROUP LIMITED ABN 65 063 429 352

Sunland Group Limited published this content on 13 January 2017 and is solely responsible for the information contained herein.
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