HUMM GROUP LIMITED — Capital/Financing Update 2007

Dec 18, 2007

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STOCK EXCHANGE ANNOUNCEMENT FLEXIGROUP LIMITED (“FXL”)

Sydney, 19 December 2007

MARKET UPDATE REGARDING FUNDING ARRANGEMENTS

In light of the recent uncertainties in global funding markets, FlexiGroup reiterates its announcement to the market dated 16 August 2007 concerning its funding position.

FlexiGroup does not rely on the global capital markets to source any of its funding requirements nor does it have any securitisation programmes in place. Based on current projections for new business volumes and anticipated principal repayments, our committed undrawn facilities are expected to be sufficient to cover the projected net increase in borrowings through to June 2009.

FlexiGroup funds its leasing and loan portfolio entirely from facilities provided by three leading Australian financial institutions and two major global financial institutions. The funding arrangements with the global financial institutions are with their local Australian operations. The funders have net assets ranging from approximately A$5bn to over $100bn. Each funding arrangement is on a nonrecourse basis to the assets of FlexiGroup with appropriate loss reserves established at time of funding.

As at 30 June 2007, FlexiGroup had:

• A$796m of committed funding facilities;

• Undrawn committed limits of A$272m. These undrawn limits are comprised of a A$30m group working capital facility on a 364 day evergreen basis and portfolio funding facilities of (a) A$50m on a three year basis, (b) A$161m on a 364 day evergreen arrangement and (c) A$31m on a three month basis

• Outstanding borrowings of A$524m are directly supported by FlexiGroup’s underlying lease receivables and loans

The net interest margin on the Group‘s existing portfolio is predominately locked in with any changes in the funding margin mainly impacting new business written by the Group. The Group’s funding margins have continued to remain stable.

The underlying credit quality of the Australian portfolio has been in line with our expectations.

Paul McMahon Company Secretary

FlexiGroup Limited (ABN 75 122 574 583)