SCHOOLBLAZER LIMITED — Director's Dealing 2013

Feb 26, 2013

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	Kevin John Eley
Date of last notice	19 February 2013

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 relevant interest.	Not applicable
Date of change	Sell 20 February 2013
Sell 22 February 2013
Sell 25 February 2013
Buy 27 February 2013
Number of securities held prior to change	3,341,677
Class	Ordinary fully paid shares
Number acquired	778 on 27 February 2013
Number disposed	6,600 on 20 February 2013
24,020 on 22 February 2013
38,837 on 25 February 2013
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	Sell:
$0.5000 per share on 20 February 2013
$0.4800 per share on 22 February 2013
$0.4762 per share on 25 February 2013
Buy:
$0.4550 per share on 27 February 2013

• See chapter 19 for defined terms.
  01/01/2011
  Appendix 3Y Page 1

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Appendix 3Y

Change of Director's Interest Notice

Number of securities held after change
3,272,998

Nature of change
The exercise by HGL Limited of its right under clause 13 of the HGL Limited Employee Share Scheme to sell shares held by Kevin John Eley. Buy - On-market trade.

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 to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an 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 where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011