SCHOOLBLAZER LIMITED — Director's Dealing 2012

Feb 9, 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.

We (the entity) give ASX the following informationpurposes of section 205G of the Corporations Act.	under listing rule 3.19A.2 and as agent for the dir
Name of Director	Dr Frank Michael Wolf
Date of last notice	22 December 2011

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.

		t 1 - Change of director’s relevant interests in securities	t 1 - Change of director’s relevant interests in securities	t 1 - Change of director’s relevant interests in securities	t 1 - Change of director’s relevant interests in securities
		he case of a trust, this includes interests in the trust made available by the responsible entity of the“				trust”
	te	: In the case of a company, interests which come within par	agraph (i) of the definition of notifiable interest of a dire			cto	r should be disclosed in this part.
	D	irect or indirect interest		Indirect
( i	Ni	ature of indirect interestldi itd hld		FM Wolf Pty Ltd as tru		st	ee for the FM Wolf
	Nont	cung regsere oer)te: Provide details of the circumstances giving rise to the reerest.	levant	Superannuation Fund –shareholder of FM Wol		Df P	r Wolf is a 50%ty Ltd
				3 Februar 2012
	D	ate of change		y7 February 2012
				8 February 2012
	Number of securities held prior to chan		ge	428,428
	Class			Ordin	r fll aid shares
					y uy p
				6,612
					on 3 February 2012
	Number acquired			1500	on 7 February 2012
				,63,460 on 8 February 2	8 Fb 2	01	2
	N	umber disposed		Nil
	V	alue/Consideration		$1.00 per share on 3 Fe		br	uary 2012
	No	te: If consideration is non-cash, provide details and estimat	ed valuation	$1.00 per share on 7 Fe		br	uary 2012
				$1.01per share on 8 Fe		br	uary2012
	N	umber of securities held after chane		500000
		g		,
s
	NExe	ature of changeample: on-market trade, off-market trade, exercise of optionurities under dividend reinvestment lan articiation in b	s, issue ofu-back	On-market trades
		p, pp	y
		ee chapter 19 for defined terms.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

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
Nature of interest	Not applicable
Name of registered holder(if issued securities)	Not applicable
Date of change	Not applicable
Number and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relation towhich the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated 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 where prior written clearance was required?

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011