From the Good Smile Company website:
The long-awaited rerelease of the 1/7th scale figure of Saber's alternate form, Saber Lily! Posed as if preforming her ultimate move "Distant Avalon" slashing through the air with her sword, Caliburn. Her other noble phantasm, the sword Excalibur has also been included and can be switched out for a difference appearance whenever you wish!
The sculpting work was done by Takayuki Kawahara, who has given the figure a dynamic feeling that places Saber in the center of the action. Everything from her beautiful flowing dress to her finely detailed hair all come together to bring a wonderful figure that any fan is bound to fall in love with.