Sydney - Monday - July 2: (RWE Australian Business News) - TFS...

Sydney - Monday - July 2: (RWE Australian Business News) -
TFS Corporation Limited (TFC) today announced that its 2007 Indian
Sandalwood Project had closed oversubscribed. New product sales for the
full year to 30 June 2007 were in excess of 525 hectares, representing a
significant increase over the 326.5 hectares sold in FY06.
Based on this sales result, TFS now expects net profit after tax
for FY07 to be at least $16.5 million, or a greater than 30% increase
over the $12.0 million reported for FY06.