SCHOOLBLAZER LIMITED — Capital/Financing Update 2018

May 13, 2018

14 May 2018

Australian Securities Exchange Attn: ASX Market Announcements BY ELECTRONIC LODGEMENT

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Half Year 2018 trading update

HGL Limited’s (ASX: HNG) Net Profit After Tax from Continuing Operations for the six months ended 31 March 2018 is anticipated to be in the range of $2.1 million to $2.3 million (2017: $1.8 million).

The Statutory Net Profit After Tax for the six months is expected to be in the range $0.6 million to $0.8 million (2017: $1.7 million), after inclusion of the businesses disposed of during the period (Biante and Leutenegger, classified as Discontinued Operations).

The numbers outlined above remain subject to review. HGL expects to release its half year results to the market on 22 May 2018.

Peter Miller Chairman

For further information

Henrik Thorup, Chief Executive Officer Office: 02 8667 4661 Mobile: 0419 268 560

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