SCHOOLBLAZER LIMITED — Earnings Release 2015

Nov 19, 2015

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Profit update

HGL Limited (ASX code: HNG) is in the process of finalising its accounts for the year ended 30 September 2015 and the audit of these accounts.

The reported statutory net profit after tax for the year to 30 September 2015 is anticipated to be in the range of $3.5 million to $3.9 million (2014: loss of $21.4 million).

HGL’s underlying net profit after tax is anticipated to be in the range of $2.4 million to $2.8 million (2014: $0.5 million). Underlying profit is statutory profit excluding the effect of irregular transactions that are not part of the core or ongoing business operations.

HGL expects to release its full year results to the market on 24 November 2015.

Peter Miller Chairman 20 November 2015

About HGL Limited

HGL Limited supplies market leading premium products into specialist markets. HGL is a partner of choice for our global supplier base, corporate clients and retail networks, operating dedicated business units in large industry segments. HGL is an active management company with an ‘improve, accelerate and leverage’ portfolio development strategy.

For further information please contact:

Henrik Thorup, Chief Executive, 0419 268 560