JANISON EDUCATION GROUP LIMITED — Capital/Financing Update 2011

May 29, 2011

EXCHANGE TOWER LEVEL 12 20 BRIDGE ST SYDNEY NSW 2000 GPO BOX 7039 SYDNEY NSW 2001 T: 02 8248 7000 F: 02 8248 7200

WWW.HJB.COM.AU

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FOR IMMEDIATE RELEASE

30 May 2011

The Manager Company Announcements Office ASX Limited

Hamilton James & Bruce Group Limited (ASX: HJB): Notice to Shareholders – Nonrenounceable rights issue

On 27 May 2011, Hamilton James & Bruce Group Limited ( Company ) announced that it would undertake a fully underwritten pro-rata non renounceable rights issue of approximately 276,316,740 ordinary shares ( Offer Shares ).

The issue price for the Offer Shares is $0.01 each on the basis of 1 Offer Share for every ordinary share held by all shareholders of the Company at 7:00 pm (AEST) on 6 June 2011 with registered addresses in Australia, New Zealand and Singapore ( Eligible Shareholders ) to raise up to approximately $2,763,167 before expenses ( Rights Issue ).

Pursuant to Listing Rule 3.17, the Company confirms that today the attached letter has been sent to all Eligible Shareholders with respect to the Rights Issue.

Signed for and on behalf of the Company:

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Lance Fernandes Director and Company Secretary

RECRUITMENT ADVICE & CONSULTING Hamilton James & Bruce Group Limited ACN 091 302 975

[5802333: 8106683_1]

EXCHANGE TOWER LEVEL 12 20 BRIDGE ST SYDNEY NSW 2000 GPO BOX 7039 SYDNEY NSW 2001 T: 02 8248 7000 F: 02 8248 7200

WWW.HJB.COM.AU

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30 May 2011

Hamilton James & Bruce Group Limited (ASX: HJB): Shareholder Notification of nonrenounceable rights issue

Hamilton James & Bruce Group Limited ( Company ) is pleased to announce that on 27 May 2011 it lodged an Appendix 3B with ASX Limited ( ASX ) in relation to a fully underwritten pro-rata nonrenounceable rights issue of approximately 276,316,740 ordinary shares ( Offer Shares ).

The issue price for the Offer Shares is $0.01 each on the basis of 1 Offer Share for every ordinary share held by all shareholders of the Company at 7:00 pm (AEST) on 6 June 2011 ( Record Date ) with registered addresses in Australia, New Zealand and Singapore ( Eligible Shareholders ) to raise $2,763,167 before expenses ( Rights Issue ).

The Rights Issue is fully underwritten by Charterhouse Pte. Ltd. up to a maximum amount of $2,763,167. The Company will pay the Underwriter a fee of 3% of the Underwritten Amount.

The purpose of the Rights Issue is to strengthen the Company's balance sheet, pay down some existing debt and pay expenses associated with the Rights Issue.

The timetable and important dates of the Rights Issue are set out below:

Event	Date
Company announces pro rata issue and applies for quotation (Appendix 3B)and lodges Cleansing Notice with ASX.	27 May 2011
Company sends notice to security holders containing the informationrequired by Appendix 3B.	30 May 2011
'Ex' date	31 May 2011
Record date	6 June 2011
Company sends Offer Document (and entitlement and acceptance forms).Company announces that despatch has been completed.	7 June 2011
Acceptances close at 5pm. At least 6 business days’ notice must be given toextend the date.	22 June 2011
Shares quoted (on deferred settlement basis).	23 June 2011
Company notifies ASX of under-subscriptions.	24 June 2011
Despatch date. Deferred settlement trading ends.	29 June 2011

[5802333: 8112854_1]

The Appendix 3B has been lodged with ASX and is available for inspection on the ASX website at www.asx.com.au and at the Company's registered office.

On the basis that all Offer Shares offered under the Rights Issue are allotted the share capital of the company will double.

In calculating entitlements under the Rights Issue, fractions will be rounded down to the nearest whole number. The offer under the Rights Issue is only made to shareholders, on the Record Date, with registered addresses in Australia, New Zealand or Singapore. The offer is not being made to any overseas shareholders (other than shareholders with registered addresses in New Zealand and Singapore).

I would urge you to carefully read the Offer Document when you receive it and consider participating in the Rights Issue.

Signed for and on behalf of the Company:

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Lance Fernandes Director and Company Secretary

RECRUITMENT ADVICE & CONSULTING Hamilton James & Bruce Group Limited ACN 091 302 975

[5802333: 8112854_1]