SAI GLOBAL LIMITED Head Office
Level 37
680 George Street
Sydney NSW 2000 Australia www.saiglobal.com
SAI Global Limited
ABN 67 050 611 642
MEDIA & ASX ANNOUNCEMENT 14 August 2015
SAI Global enters into contract with NAB Broker for National Mortgage Settlement Services Sydney, Australia, 14 August 2015: SAI Global Limited (ASX: SAI) today announced that it has executed a contract to provide national mortgage settlement services for NAB Broker, a part of the National Australia Bank.
It is expected that SAI Global will commence providing services to NAB Broker under the new contract in October 2015. Full incremental annual revenue of circa A$9M will be recognised from financial year 2017 onwards. Circa A$3M is expected to be generated in FY16.
Peter Mullins, CEO of SAI Global said: "I am delighted that NAB Broker has selected SAI as its national provider of mortgage settlement services. The fact that this leading financial institution has chosen SAI to undertake these services on its behalf is further testament to the strength and capability of SAI Global's Property team which continues to achieve significant outcomes such as this for the Company".
Peter Mullins - Chief Executive Officer, SAI Global Limited +612 8206 6182, 0450 775 123
Geoff Richardson - Chief Financial Officer, SAI Global Limited +612 8206 6805, 0429 314 698
For further information please visit www.saiglobal.com.
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