HUMM GROUP LIMITED — Capital/Financing Update 2010

Mar 25, 2010

==> picture [203 x 43] intentionally omitted <==

26 March 2010

ASX / MEDIA RELEASE

FLEXIGROUP LIMITED SUCCESSFULLY CLOSES RIGHTS ISSUE

FlexiGroup Limited (ASX Code: FXL) (“ FlexiGroup ”) advises that it successfully closed it fully underwritten non-renounceable rights issue at 5.00pm (AEST) on 23 March 2010, raising a total of $25.5 million. This follows the completion of an institutional placement on 23 February 2010 which raised $15 million. The total proceeds from these equity raisings of $40.5 million, net of fees, will be used to further strengthen FlexiGroup’s balance sheet and will enhance its ability to establish new funding arrangements to support growth initiatives, reduce cost of funds, and increase its capacity for bolt-on acquisitions.

FlexiGroup received acceptances from eligible shareholders for 17,026,118 shares offered under the rights issue (“ New Shares ”). Subject to the terms of the Underwriting Agreement, the shortfall of 2,904,606 shares will be issued to or as directed by the underwriters, J.P. Morgan Australian Limited and UBS AG, Australian Branch. The underwriters have entered into sub-underwriting arrangements with a select group of investors for all these shares.

It is anticipated that the New Shares will be allotted by FlexiGroup on 31 March 2010 and are expected to commence trading on the ASX on a normal settlement basis on 1 April 2010. Holding statements will be dispatched to participants on 31 March 2010.

For further information regarding the Rights Issue, please call the FlexiGroup Shareholder Information Line of 1800 881 432 (local call cost from within Australia) or +61 2 8280 7927 (outside Australia) at any time from 8.30am to 5.30pm (AEDST) Monday to Friday or visit our website at www.flexigroup.com.au.

David Stevens

Group Financial Controller & Company Secretary FlexiGroup Limited