SCHOOLBLAZER LIMITED — AGM Information 2010

Nov 23, 2010

Lodge your vote:

By Mail:

Computershare Investor Services Pty Limited GPO Box 242 Melbourne Victoria 3001 Australia

Alternatively you can fax your form to (within Australia) 1800 783 447 (outside Australia) +61 3 9473 2555

For all enquiries call:

(within Australia) 1300 850 505 (outside Australia) +61 3 9415 4000

Proxy Form

*L000001*

For your vote to be effective it must be received by 11:00 am (Sydney time) Monday 31 January 2011

How to Vote on Items of Business

All your securities will be voted in accordance with your directions.

Appointment of Proxy

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote as they choose. If you mark more than one box on an item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each in Step 1 overleaf.

A proxy need not be a securityholder of the Company.

Signing Instructions

Individual: Where the holding is in one name, the securityholder must sign.

Joint Holding: Where the holding is in more than one name, all of the securityholders should sign.

Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

Attending the Meeting

Bring this form to assist registration. If a representative of a corporate securityholder or proxy is to attend the meeting you will need to provide the appropriate "Certificate of Appointment of Corporate Representative" prior to admission. A form of the certificate may be obtained from Computershare or online at www.investorcentre.com under the information tab, "Downloadable Forms".

Comments & Questions: If you have any comments or questions for the company, please write them on a separate sheet of paper and return with this form.

Turn over to complete the form

To view the annual report: http://www.hgl.com.au To update your securityholding: http://www.investorcentre.com Review your securityholding Update your securityholding Your secure access information is: PLEASE NOTE: For security reasons it is important that you keep your SRN/HIN confidential. SRN/HIN: I9999999999 Access the annual report

916CR_0_Sample_Proxy/000001/000001

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

000001 000 HNG

MR SAM SAMPLEFLAT 123123 SAMPLE STREETTHE SAMPLE HILLSAMPLE ESTATESAMPLEVILLE VIC 3030			Change of address. If incorrect,mark this box and make thecorrection in the space to the left.Securityholders sponsored by abroker (reference numbercommences with 'X') should adviseyour broker of any changes.	I9999999999I9999999999	IND
	Proxy Form		Please mark		to indicate your directions
		Appoint a Proxy to Vote on Your Behalf			XX
	the ChairmanORof the Meeting	I/We being a member/s of HGL Limited hereby appoint	or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting, as my/our proxyto act generally at the Meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, asthe proxy sees fit) at the Annual General Meeting of HGL Limited to be held at the offices of Computershare Investor Services Pty Limited, Level4, 60 Carrington Street, Sydney on Tuesday, 1 February 2011 at 11:00 am (Sydney time) and at any adjournment of that meeting.		PLEASE NOTE: Leave this box blank ifyou have selected the Chairman of theMeeting. Do not insert your own name(s).
	Items of Business		PLEASE NOTE: If you mark the Abstain box for an item, you are directing your proxy not to vote on yourbehalf on a show of hands or a poll and your votes will not be counted in computing the required majority.
2	To re-elect Peter Miller as a Director
3	To re-elect Michael Mahoney as a Director
4	To adopt the Remuneration Report

The Chairman of the Meeting intends to vote undirected proxies in favour of each item of business.

Individual or Securityholder 1	Securityholder 2		Securityholder 3
Sole Director and Sole Company Secretary	Director		Director/Company Secretary
ContactName		ContactDaytimeTelephone		//Date

Notice of Annual General Meeting

Notice is given that the Annual General Meeting of the members of HGL Limited ("the Company") will be held at the offices of Computershare Investor Services Pty Limited, Level 4, 60 Carrington Street, Sydney on Tuesday 1 February 2011 at 11:00am.

Ordinary Business:

1. Receipt of financial report

Receipt of the Company's financial report for the year ended 30 September 2010 and the directors' declaration and report and the auditor's report on the financial report.

2. To re-elect Peter Miller as a Director

Peter Miller retires by rotation in accordance with the Company's constitution and, being eligible, offers himself for re-election.

3. To re-elect Michael Mahoney as a Director

Mr Michael Mahoney, a director appointed by the board since the last Annual General Meeting, retires in accordance with the Company's Constitution and, being eligible, offers himself for re-election.

4. Remuneration report

To adopt the remuneration report, being part of the directors' report.

By order of the Board

Andrew Whittles

Company Secretary 24 November 2010

Explanatory Notes for Shareholders:

Resolution 2 - Re-election of Director

A summary of biographical data on Mr Peter Miller, FCA, who offers himself for re- election, is set out below.

Mr Peter Miller has been a Non-Executive Director of HGL Limited since 2000, and is a member of the Audit Committee and Chairman of the Nomination and Remuneration Committee. Mr Miller is a Chartered Accountant with over 30 years in public practice.

Resolution 3 - Re-election of Director

A summary of biographical data on Mr Michael Mahoney, ACA (England and Wales), CA, who offers himself for re-election, is set out below.

Mr Michael Mahoney is the Chief Executive of HGL Limited. Mr Mahoney was formerly the Chief Operating Officer of HGL Limited with over 25 years broad experience in a range of industries.

Resolution 4 - Remuneration Report

The resolution to adopt the remuneration report has been put to members in accordance with Section 250R (2) of the Corporations Act. Any outcome, with respect to this resolution, is advisory only and does not bind the directors of the Company. The Chair will allow reasonable opportunity at the meeting for the members as a whole to ask questions about or make comments on the remuneration report.

Voting Entitlements

For the purpose of the Corporations Act, the Company has determined that all securities of the Company that are quoted securities at 7:00pm Australian Eastern Standard Time on 30 January 2011 will be taken, for the purpose of the Meeting, to be held by the persons who held them at the time.

Proxies

A member entitled to attend and vote at this meeting is entitled to appoint no more than 2 proxies to attend and vote in his or her stead. A member can appoint an individual or a body corporate as a proxy. If you appoint a body corporate, that body corporate must appoint an individual to represent and exercise its powers in accordance with section 250D of the Corporations Act.

A proxy need not be a member of the Company.

If the member appoints 2 proxies the member may specify the proportion or number of votes each proxy is entitled to exercise. If no proportion or number of votes is specified, each proxy, may exercise half of the votes. If the specified proportion or number of votes exceed that which the member is entitled to, each proxy may exercise half of the member's votes. Any fractions of votes brought about by the apportionment of votes will be disregarded.

Proxies and any power of attorney under which they are signed must be received by the Company's share registry Computershare Investor Services Pty Limited at GPO Box 242, Melbourne, Victoria 3001 or by fax (within Australia) 1800 783 447, (outside Australia) 61 3 9473 2555 or by the Company at Level 5, 34 Hunter Street, Sydney, NSW 2000 not later than 11:00am (Sydney time) on 31 January 2011.

A form of proxy is provided with this notice. If you wish to appoint a second proxy, an additional form of proxy may be obtained by telephoning the Company's share registry or you may copy the form of proxy provided with this notice.