SCHOOLBLAZER LIMITED — Director's Dealing 2009

Jul 2, 2009

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	HGL Ltd
ABN	25 009 657 961

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Geoffrey Miller
Date of last notice	18 March 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of aNote: In the case	In the case of aNote: In the case	trust, this includes interests in theof a company, interests which come wit	trust made available by thhin paragraph (i) of the definit	trust made available by thhin paragraph (i) of the definit	e responsible entity of the tion of “notifiable interest of a d	rustirector” should be disclosed in this part.	rustirector” should be disclosed in this part.	rustirector” should be disclosed in this part.
	Direct or	ndirect interest		Direct and I	direct
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.
	Date of change			Sery Pty LtdLPO Investments Pty LtdWheelmar Distributors Pty Ltd			2 July 20092 July 20092 July 2009
	No. of securities held prior to change			DirectIndirect:Sery Pty LtdLPO Investments Pty LtdWheelmar Distributors Pty Ltd			39,7237,314,3901,420,09235,353
	Class			Ordinary fully paid shares
	Number acquired			Sery Pty LtdLPO Investments Pty LtdWheelmar Distributors Pty Ltd			260,26850,5321,258
	Number disposed			Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and	$0.8431 per share
estimated valuation
No. of securities held after change	Direct	39,723
	Indirect:
	Sery Pty Ltd	7,574,658
	LPO Investments Pty Ltd	1,470,624
	Wheelmar Distributors Pty Ltd	36,611
Nature of change
Example: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,	Acquisition of securities under Dividend Reinvestment Plan
participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Not Applicable
Nature of interest
	Not Applicable
Name of registered holder	Not Applicable
(if issued securities)
Date of change	Not Applicable
No. and class of securities to which interest	Not Applicable
related prior to change
Note: Details are only required for a contract in relation to which the interest has
changed
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration	Not Applicable
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change	Not Applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002