SCHOOLBLAZER LIMITED — Capital/Financing Update 2014

Sep 21, 2014

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

Sale of business

HGL Limited (ASX code: HNG) today announces Createc Pty Limited, a 50% joint venture company in the printing sector, has sold its business and most of its assets to Neopost Australia.

The carrying value of Createc, in the books of HGL, was written down to $nil in the half year ended 31 March 2014. The transaction will not have a material impact on HGL’s results for the year ending 30 September 2014.

This sale marks another step in the execution of our strategy plan, transforming HGL’s diversified industry footprint to actively participate in selected industries with strong long-term growth potential.

Peter Miller Chairman 22 September 2014

About HGL

HGL Limited supplies market leading premium products into specialist markets. With more than 60 leading brands HGL is a partner of choice for our global supplier base, corporate clients and retail networks, operating dedicated business units in large industry segments. HGL is an active management company with an ‘improve, accelerate and leverage’ portfolio development strategy.

For further information please contact:

Henrik Thorup Chief Executive Office: 02 9221 7155 Mobile: 0419 268 560

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