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SCHOOLBLAZER LIMITED Earnings Release 2006

Nov 28, 2006

65751_rns_2006-11-28_0d67e985-05dc-4a19-8ad1-8a545bd5ec54.pdf

Earnings Release

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Level 5, 34 Hunter Street Sydney NSW 2000 GPO Box 4406 GPO Box 4406Sydney NSW 2001

Phone: +612 9221 7155 Fax: +612 9233 2713 Email: [email protected] Web: www.hgl.com.au

I

29 November 2006

HGL Limited - Preliminary Final Report (Appendix 4E) for the year ended 30 September 2006

The directors of HGL Limited are pleased to announce the results for the year ended 30 September 2006 as follows:

Final results for announcement to the market:

Extracted from the 2006 Annual Report:

% change $A'000
Revenue Up 11% 132,638
Net profit from ordinary activities after taxattributable to members Up 23% 9,051
Net profit after tax attributable to members Up 23% 9.051

Dividends:

Amount per security Franked amount persecurity
Final Dividend – ex date 5 December 2006,Record date 11 December 2006, Payable20 December 2006 and DRP discount rateof nil 6.2 cents 6.2 cents
Interim dividend 5.4 cents 5.4 cents
Total dividend per share $11.6$ cents $11.6$ cents

Net Tangible Assets per share:

30 September 2006 30 September 2005
Net 107 105.1
Tangible Assets cents cents

The remainder of the information requiring disclosure to comply with Listing Rule 4.3A is contained in the Media Release and 2006 Annual Report released to the ASX today.

HGL Limited ABN 25 009 657 961