William H. Sadlier, Inc. Announces Results for Year Ended December 31, 2009 and Dividend

William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading publisher of educational and catechetical materials, today reported annual net income of $4,030,000 for 2009 compared to $2,311,000 of net income reported in 2008, representing a 74.0% increase over the prior year's annual results. Net sales decreased to $53,358,000 compared to $54,588,000 in 2008. On a fully diluted per share basis, Sadlier earned $4.85 for the year 2009 compared to $2.76 per share earned for the full year 2008. Average common shares outstanding on a fully diluted basis was 831,213 in 2009 compared to 836,648 in 2008.

William H. Sadlier, Inc. also announced today that it’s Board of Directors, at its meeting on March 23, 2010, declared a dividend of $1.25 per share of its Common Stock to holders of record as of May 17, 2010, payable on June 18, 2010.

About Sadlier

William H. Sadlier, Inc. is a recognized and respected publisher of print and online educational materials for public and nonpublic schools, and catechetical materials for Catholic schools and parish communities. Since 1832, Sadlier’s tradition of quality and excellence in publishing has been nurtured by the vision, integrity and dedication of the same family.

The statements contained in this press release contain certain forward-looking statements, including statements regarding Sadlier’s expectations, intentions, strategies, and beliefs regarding the future. All statements contained herein are based upon information available to Sadlier’s management as of the date hereof and actual results may vary based upon future events, both within and without the control of Sadlier’s management.

William H Sadlier (CE) (USOTC:SADL)
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