HUMM GROUP LIMITED — Capital/Financing Update 2012

Aug 5, 2012

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

FLEXIGROUP LIMITED (“FXL”)

Sydney, 6 August 2012

FlexiGroup Limited today announced the successful pricing of AUD255m asset-backed securities, supported by a pool of Australian unsecured, retail, “no interest ever” payment plans, originated by Certegy Ezi-Pay Pty Ltd (“Certegy”), a wholly owned subsidiary of FlexiGroup Limited. The transaction is due to settle on 9[th] August 2012.

This is FlexiGroup’s second securitisation of Certegy receivables, following its initial Certegy issuance in June 2011.

John Delano, FlexiGroup Chief Executive Officer said “This securitisation re-affirms FlexiGroup’s strategy of diversifying its funding sources by regularly accessing wholesale capital markets. We are extremely pleased with the reduced support requirements in this transaction, as well as the strong investor interest we have received in all classes of rated notes.”

“This is FlexiGroup's third term securitisation and the second rated by Moody’s” said Irene Kleyman, Moody’s lead analyst in the transaction. “The transaction features a short term (P)P-1 (sf) rated tranche, with a legal final maturity of 12 months from issuance. The tranche represents 35% of total note issuance.”

“A valuable tool in Certegy’s underwriting strategy is its access to large volumes of historical data, which is then used to identify key risks across product types, demographics and borrower types,” said Spencer Wilson, Associate Director in Fitch’s Structured Finance team. “This transaction follows on from the Flexi 2011-1 deal, with notable features being the short weighted average life of the receivables, small contract size and significant levels of excess that are available to offset potential losses,” added Mr. Wilson.

This transaction was arranged by National Australia Bank and joint lead managed by National Australia Bank and the Commonwealth Bank of Australia. Attached is a copy of the releases issued by Moody’s and Fitch today.

Six classes of notes rated by Moody’s and Fitch will be issued by Perpetual Corporate Trustee Limited in its capacity as trustee of Flexi ABS Trust 2012-1.

The AUD89.25m Class A1 notes have been rated a provisional P-1(sf)/ F1+sf, AUD102.00m Class A2 (Aaa(sf)/AAAsf), AUD28.05m Class B notes (Aa2(sf)/AAsf), AUD11.47m Class C (A2(sf)/Asf), AUD6.38m Class D (Baa2(sf)/BBBsf), and AUD5.10m Class E (Ba2(sf)/ BBsf). FlexiGroup will retain AUD12.75m of unrated Class F notes.

Pricing on the Class A1 notes has been disclosed at 70 bpts over BBSW, and Class A2 at 150 bpts over BBSW. Pricing on other notes is undisclosed.

It is FlexiGroup’s intention to apply to have the Class A1 and A2 notes in this program qualify as securities eligible for the Reserve Bank of Australia’s repurchase operations (repos).

For further information:

Investors / Analysts

Media

Ross Horsburgh T: 02 8905 2057

Peter Brookes, Citadel T: 0407 911 389

Garry McLennan T: 02 8905 2163

David Stevens T: 02 8905 2045

Notes to Editor:

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FlexiGroup is a diversified financial services group providing “no interest ever”, leasing, vendor programs, mobile broadband, lay-by and other payment solutions to consumers and businesses.

Through its network of 11,000 merchant, vendor and retail partners the Group has extensive access to three key markets, Business to Consumer, Business to Business and Retail to Consumers (and small business customers).

Performance has been characterised by solid profitable growth as the company has expanded and diversified its business through organic growth, acquisition and product innovation. This diversification strategy has been extended to the large, high growth online market with the 2012 acquisition of Paymate (an online payment processing business).

FlexiGroup operates in Australia, New Zealand and Ireland within a diverse range industries including: home improvement, solar energy, fitness, IT, electrical appliance, navigation systems, trade equipment and point of sale systems. Services are offered through four business units: Certegy (no interest ever & lay-by), Lombard (interest free and Visa credit cards), Flexirent (lease) and Flexi Commercial (vendor leasing programs).

John DeLano joined FlexiGroup in September 2003 as Managing Director. Prior to joining FlexiGroup, John was Managing Director of Avis Australia, and also served in a senior role at Travel Services International in the USA, a publicly listed company.

The Board of FlexiGroup is chaired by Margaret Jackson, former Chairman of Qantas and previously a director of: Australian and New Zealand Banking Corporation, The Broken Hill Proprietary Company Limited and Billabong International Limited. The Board also includes John Skippen, former Finance Director of Harvey Norman Holdings Limited, Rajeev Dhawan, a partner of Equity Partners, and Andrew Abercrombie, a founding director and major shareholder in the company.