SCHOOLBLAZER LIMITED — Share Issue/Capital Change 2011

Aug 28, 2011

Level 11 280 George Street Sydney NSW 2000 GPO Box 4406 Sydney NSW 2001 www.hgl.com.au P +612 9221 7155 F +612 9233 2713

HGL Limited abn 25 009 657 961

29 August 2011

Companies Announcement Platform Australian Stock Exchange

Dear Sir/Madam

Re : On-market Share Buy-back

As required by the ASX Listing Rule 3.8A, please find attached a copy of ASIC Form 484(C) – Cancellation of Shares. This cancels 55,886 shares acquired by the company for $58,480.30 pursuant to the buy-back. These shares were cancelled on 29 August 2011.

Yours faithfully

Peter Caldelis Secretary

Form 484

Corporations Act 2001

Change to company details

Sections A, B or C may be lodged independently with this signed cover page to notify ASIC of:

• A1 Change of address

• A2 Change of name officeholders and proprietary company members

• B1 Cease company officeholder

• B2 Appoint company officeholder

• C1 Cancellation of shares

• A3 Change ultimate holding company

• B3 Special purpose company

• C2 Issue of shares

• C3 Change to share structure

• C4 Changes to the register of members for proprietary companies

If there is insufficient space in any section of the form, you may photocopy the relevant page(s) and submit as part of this lodgement

	Company name
Company details	HGL LIMITED
	ACN/ABN
	009 657 961
Refer to guide for information about	Corporate key
corporate key
	Who should ASIC contact if there is a query about this form?
Lodgement details	ASIC registered agent number (if applicable)
An image of this form will be available
as part of the public register.	Firm/organisation
	Contact name/position description		Telephone number (during business hours)
	PETER CALDELIS		(02) 9221 7155
	Email address (optional)
	Postal address
	GPO BOX 4406
	Suburb/City		State/Territory	Postcode
	SYDNEY		NSW	2001

Signature

This form must be signed by a current officeholder of the company.

I certify that the information in this cover sheet and the attached sections of this form are true and complete.
Name
PETER CALDELIS
Capacity
Director
Company secretary
Signature
Date signed
29/08 /11
[DD][MM][YY]

Lodgement Send completed and signed forms to:

Australian Securities and Investments Commission, PO Box 4000, Gippsland Mail Centre VIC 3841.

For more information

Web www.asic.gov.au Need help? www.asic.gov.au/question Telephone 1300 300 630

Or lodge the form electronically by visiting the ASIC website www.asic.gov.au

Section C completion guide

Standard share codes

Refer to the following table for the share class codes for sections C1, C2, C3 and C4

Share class code	Full title	Share class code	Full title
A	A	PRF	preference
B	B …etc	CUMP	cumulative preference
EMP	employee's	NCP	non-cumulative preference
FOU	founder's	REDP	redeemable preference
LG	life governor's	NRP	non-redeemable preference
MAN	management	CRP	cumulative redeemable preference
ORD	ordinary	NCRP	non-cumulative redeemable preference
RED	redeemable	PARP	participative preference
SPE	special
If you are using the standard share class codes you do not need to provide a full title for the shares, just the share classcode

If you are not using the standard share class code, enter a code of no more than 4 letters and then show the full title.

Sections to complete

Use the table below to identify the sections of this form to complete (please indicate the sections that have been completed). Completion of this table is optional.

	C1 – Cancellation ofshares	C2 – Issue of shares	C3 – Change to sharestructure table	C4 – Change tomembers register
Issue of shares
Proprietary company	Not required			
Public company
if in response to the Annualcompany statement	Not required			Not required
if not in response to the Annual company statement Not required			Preferred	Not required
Cancellation of shares
Proprietary company		Not required		
Public company
if in response to the Annualcompany statement		Not required		Not required
if not in response to the Annual company statement 		Not required	Preferred	Not required
Transfer of shares
Proprietary company	Not required	Not required	Not required	
Public company
if in response to the Annualcompany statement	Not required	Not required	Not required	Not required
if not in response to the Annual company statement Not required		Not required	Not required	Not required
Changes to amounts paid
Proprietary company	Not required	Not required		
Public company
if in response to the Annualcompany statement	Not required	Not required		Not required
if not in response to the Annual company statement Not required		Not required	Not required	Not required
Changes to beneficial ownership
Proprietary company	Not required	Not required	Not required	
Public company
if in response to the Annualcompany statement	Not required	Not required	Not required	Not required
if not in response to the Annual company statement Not required		Not required	Not required	Not required

To notify ASIC about a division or conversion of a class of shares, you must lodge a Form 211 within 28 days of the change occurring.

To notify ASIC about a conversion of shares into larger or smaller numbers, you must lodge a Form 2205B within 28 days of the change occurring.

C1 Cancellation of shares

Reason for cancellationPlease indicate the reason that shareshave been cancelled (select one or	Redeemable preference shares – S.254JRedeemed out of profits
more boxes)	Redeemed out of proceeds of a fresh issue of shares
	Capital reduction – S.256A – S.256E
	Single shareholder company
	Multiple shareholder company. A Form 2560 must be lodged before a capitalreduction takes place
	Share buy-back – ss.257H(3)
	Minimum holding buy-back by listed company
	Other buy-back type. A form 280 or 281 must be lodged at least 14 days, andno more than 1 year before the share buy-back can take place
	Forfeited shares – S.258D
	Shares returned to a public company – ss.258E(2) & (3)
	Under section 651C, 724(2), 737 or 738
	Under section 1325A (court order)
	Other
	Description
	Give section reference

Details of cancelled shares List the details of shares cancelled in the following table

Share class code	Number of shares cancelled	Amount paid (cash or otherwise)
ORD	55,886	$58,480.30

Earliest date of change

Please indicate the earliest date that any of the above changes occurred.

2		9 / 0	8 /	1	1
[D	D]	[M	M]	[Y	Y]

C2 Issue of shares

List details of new share issues in the following table.

Share class code	Number of shares issued	Amount paid per share	Amount unpaid per share
Earliest date of change
Please indicate the earliest date that any of the above changes occurred//[DD][MM][YY]
If shares were issued for other than cash, were some or all of the shares issued under a written contract?
Yes

if yes, proprietary companies must also lodge a Form 207Z certifying that all stamp duties have been paid. Public companies must also lodge a Form 207Z and either a Form 208 or a copy of the contract.

No

if no, proprietary companies are not required to provide any further documents with this form. Public companies must also lodge a Form 208.

C3 Change to share structure

Where a change to the share structure table has occurred (eg. as a result of the issue or cancellation of shares), please show the updated details for the share classes affected. Details of share classes not affected by the change are not required here.

Shareclass code	Full title if not standard	Total number ofshares (currentafter changes)	Total amountpaid on theseshares	Total amountunpaid onthese shares
ORD	ORDINARY FULLY PAID SHARES	55,280,497	$41,602,294.21	NIL

Earliest date of change

Please indicate the earliest date that any of the above changes occurred

Lodgement details Is this document being lodged to update the Annual Company Statement that was sent to you?

No

C4 Changes to the register of members for proprietary companies

• Use this section to notify changes to the register of members for your proprietary company (changes to the shareholdings of members):
• If there are 20 members or less in a share class, all changes need to be notified
• If there are more than 20 members in a share class, only changes to the top twenty need be notified (s178B)
• If shares are jointly owned, you must also provide names and addresses of all joint owners on a separate sheet (annexure), clearly indicating the share class and with whom the shares are jointly owned

The changes apply to	Family name			Given names
Please indicate the name and addressof the member whose shareholding
has changed	OR
	Company name
		ACN/ARBN/ABN
	Office, unit, level, or PO Box number
	Street number and Street name
	Suburb/City	State/Territory
	Postcode		Country (if not Australia)
Earliest date of change	Date of change
Please indicate the earliest date that anyof the following changes occurred.	//
	[DD][MM]	[YY]
The changes are
Beneficially held usually means that the owner of the shares is entitled to the direct benefit from the shares. For example, benefits could include the
entitlements to payments in relation to any dividends. Shares held by a person as trustee, nominee or on account of another person are non–beneficiallyheld.
Share classShares	SharesTotal number	Total $ paid	Total $ unpaid	Fully paid	Beneficially	Top 20
codeincreased by…(number)	decreased bynow held…(number)	on theseshares	on theseshares	(y/n)	held (y/n)	member (y/n)

Date of entry of member's name in	Date of entry
register(New members only)	//
	[DD][MM][YY]

C4 Continued… Further changes to the register of members for proprietary companies

• Use this section to notify changes to the register of members for your proprietary company (changes to the shareholdings of members):
• If there are 20 members or less in a share class, all changes need to be notified
• If there are more than 20 members in a share class, only changes to the top twenty need be notified (s178B)
• If shares are jointly owned, you must also provide names and addresses of all joint owners on a separate sheet (annexure), clearly indicating the share class and with whom the shares are jointly owned

The changes apply toPlease indicate the name and addressof the member whose shareholdinghas changed		Family nameGiven namesOR
		Company name
		ACN/ARBN/ABNOffice, unit, level, or PO Box number
		Street number and Street name
		Suburb/City				State/Territory
		PostcodeCountry (if not Australia)
Earliest date of changePlease indicate the earliest date that anyof the following changes occurred.		Date of change[D	/D][MM]	/[YY]
The changes are
Share classSharescodeincreased by…(number)	Shares…(number)	decreased by	Total numbernow held	Total $ paidon theseshares	Total $ unpaidon theseshares	Fully paid(y/n)	Beneficiallyheld (y/n)	Top 20member (y/n)
Date of entry of member's name inregister		Date of entry

(New members only)

/ / [D D] [M M] [Y Y]