Update on 2013 profit target

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    CIX - Update on 2013 profit target

    Calliden Group Limited (CIX) has today advised that it expects the full year 2013 net profit after tax to be in a range between $5m and $7m. This range is lower than the target profit of $10m set in May 2012 and referenced in previous announcements. Nevertheless, it continues to compare favourably to Callidens full year 2012 reported profit of $1.1m, and represents an uplift on the $2m profit announced for the half year to June 2013.

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