SCHOOLBLAZER LIMITED — Board/Management Information 2011

Aug 11, 2011

Level 11 280 George Street Sydney NSW 2000 GPO Box 4406 Sydney NSW 2001 www.hgl.com.au P +612 9221 7155 F +612 9233 2713

HGL Limited abn 25 009 657 961

12 August 2011

Senior management changes

As part of the strategy to grow HGL, Andrew Mills, formerly Chief Executive of Charles Parsons, has been appointed Chief Executive of the Leutenegger business unit.

HGL CEO Michael Mahoney said “Andrew has run a far larger business in complimentary markets and is well qualified to realise Leutenegger’s growth potential.”

Leutenegger supplies the home sewing and craft market with quilting craft fabric, needlecraft and haberdashery.

Mr. Mahoney confirmed “This management change is part of HGL’s strategy to develop and grow through lifting operating and strategic standards whilst broadening our product offerings.”

For further information please contact:

Michael Mahoney, Chief Executive 02 9221 7155 or 0410 285 318

SUPPLYING MARKET LEADING BRANDED PRODUCTS