Ann: Response to ASX Query Letter, page-3

ASX understands that:
a) Code Nominees Pty Ltd <28698> is a broker account controlled by Adam Blumenthal.
b) Suburban Holdings Pty Ltd is an entity controlled by Alvin Blumenthal (Adam’s father) and Debra
Lynn Blumenthal (Adam’s mother).
c) Australian Share Nominees Pty Ltd  is a broker account controlled by
Adam Blumenthal and Darrin Blumenthal (Adam’s brother).
d) Everblu is controlled by the Blumenthal family.
e) Adam Blumenthal is the chairman of Everblu.
f) Darrin Blumenthal is the managing director of Everblu.
g) Alvin Blumenthal is a wealth adviser at Everblu.
h) James Ellingford is a former director and Terence Clee is a current director of HDY.
i) James Ellingford and Terence Clee are both directors of Victory Mines Limited. It is a client of
Everblu (see http://www.everblucapital.com/case-studies/vic/).
j) James Ellingford and Adam Blumenthal are both directors of Creso Pharma Limited. It too is a
client of Everblu (see http://www.everblucapital.com/case-studies/creso-pharma/).
k) James Ellingford and Terence Clee are both directors of Manalto Limited, as is Tim Wilson, an
employee of Everblu. It too is a client of Everblu.