Index: management.py
===================================================================
--- management.py	(revision 3110)
+++ management.py	(working copy)
@@ -341,10 +341,14 @@
     # Find custom SQL, if it's available.
     sql_files = [os.path.join(app_dir, "%s.%s.sql" % (opts.object_name.lower(), settings.DATABASE_ENGINE)),
                  os.path.join(app_dir, "%s.sql" % opts.object_name.lower())]
+
+    statements = re.compile(";[ \t]*$", re.M)
     for sql_file in sql_files:
         if os.path.exists(sql_file):
             fp = open(sql_file)
-            output.extend(sql_expr.findall(fp.read()))
+            for statement in statements.split(fp.read()):
+                if statement.strip():
+                    output.append(statement+";")
             fp.close()
 
     return output