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SCHOOLBLAZER LIMITED Earnings Release 2010

Nov 3, 2010

65751_rns_2010-11-03_22aacc2c-dadd-4516-acca-bb29245a1e8f.pdf

Earnings Release

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Level 5, 34 Hunter Street Phone: +612 9221 7155 HGL Limited Sydney NSW 2000 Fax: +612 9233 2713 ABN 25 009 657 961 GPO Box 4406 Email: [email protected] Sydney NSW 2001 Web: www.hgl.com.au

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4 November 2010

Profit update

HGL Limited (ASX Code HNG) is in the process of finalising its accounts for the year ended 30 September 2010.

The Board anticipates reported profit after tax for the year to September 2010 will be in the range $13.2 million to $13.6 million (2009: $8.0 million).

Underlying profit for the year to September 2010 is anticipated to be in the range $6.6 million to $7.0 million (2009: $5.0 million).

For further information please contact:

Michael Mahoney, Chief Executive 02 9221 7155.

About HGL Limited (ASX Code HNG) :

HGL is a supplier of branded goods into niche markets.

supplying branded products into niche markets