SCHOOLBLAZER LIMITED — Director's Dealing 2018

Sep 11, 2018

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 30/09/01 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	Julian Constable
Date of last notice	28 August 2018

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 givingrise to the relevant interest.
Date of change	12 September2018
No. of securities held prior to change	Direct:210,318Indirect:
	IJV Investments Pty Ltd6,408,073JD Constable 625
Class	Fully Paid Ordinary
Number acquired	Direct4,682
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$0.455per share
No. of securities held after change	Direct:215,000Indirect:
	IJV Investments Pty Ltd6,408,073
	JD Constable 625
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buyback	On market purchase

+ See chapter 19 for defined terms.

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	N/A
Nature ofinterest	N/A
Name of registered holder
(if issued securities)	N/A
Date of change
	N/A
No. and class of securities to which
interest related prior to change	N/A
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details	N/A
and an estimated valuationInterest after change
	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed
above traded during a +closed periodwhere prior written	No
clearance was required?
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.