Southern African leaders meet over Madagascar crisis

* SADC says breakthrough seen close

* Ousted Malagasy president to attend

By Agnieszka Flak

JOHANNESBURG, June 20 (Reuters) - Leaders in the Southern African Development Community will meet on Saturday to try to help restore political order in Madagascar after internationally mediated talks on the island collapsed earlier this week.

SADC mediators sent to the island will report back to the heads of state and governments after the African Union and the United Nations suspended crisis talks indefinitely citing a lack of political will.

Southern African leaders suspended Madagascar from the SADC regional grouping at their meeting in March, saying they would not recognise Andry Rajoelina, who took power in a move that was condemned as a coup by the international community.

The political turmoil has wrought havoc on the Indian Ocean island's $390 million-a-year tourism sector and unnerved foreign companies investing in its booming oil and mineral sectors.

Rajoelina, a 34-year-old former disc jockey, came to power in March when President Marc Ravalomanana stepped aside after intense pressure from the opposition and army chiefs.