SCHOOLBLAZER LIMITED — Director's Dealing 2012

Jul 12, 2012

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 30/9/01 Amended 01/01/11

Name of entity	HGL Limited
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	Michael Peter Mahoney
Date of last notice	15 February 2012

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.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Not applicable
Date of change	13 July 2012
Number of securities held prior tochange	1,680,862
Class	Ordinary fully paid shares
Number acquired	82,967
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.8104 per share
Number of securities held after change	1,763,829
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Acquisition of securities under the HGLDividend Reinvestment Plan

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

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	Not applicable	Not applicable
	Nature of interest	Not applicable
	Name of registered holder(if issued securities)	Not applicable
	Date of change	Not applicable
	Numberandclassofsecurities to which interestrelated prior to changeNote: Details are only required for a contract in relationto which the interest has changed	Not applicable
	Interest acquired	Not applicable
	Interest disposed	Not applicable
	Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	Not applicable
	Interest after change	Not applicable

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period No where prior written clearance was required? If so, was prior written clearance provided to Not applicable allow the trade to proceed during this period? If prior written clearance was provided, on what Not applicable date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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