SGP
13th May
Earnings and distribution guidance
Stockland’s EPS guidance of 39.8c per security (pre inventory impairment) remains unchanged from the Market Update provided on 23 April 2009 (excluding the dilutionary effect of the Equity Raising).
New securities will rank equally with existing securities and will be entitled to receive the 2H09 distribution. No change has been made to current guidance of 17.0c per security.
