HUG - Huge Group Limited - Board Appointment

HUG - Huge Group Limited - Board Appointment                                    
HUGE GROUP LIMITED                                                              
(formerly Vanquish Fund Managers Limited)                                       
(Registration number 2006/023587/06)                                            
Share code: HUG & ISIN: ZAE000102042                                            
("Huge" or "the company")                                                       
BOARD APPOINTMENT                                                               
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, the board of directors of Huge are pleased to announce the following   
appointment.                                                                    
With effect from 1 September 2008, Mr Kenneth Delroy Jarvis has been appointed  
to the board of directors as an independent non-executive director.             
Mr Kenneth (Ken) Jarvis has held various positions in the ICT industry over the 
last 23 years, most notably with Nedacom, Momentum Life, Nedcor Bank, Amplats,  
Multichoice and SARS.                                                           
Ken started his working career in the mid-70`s and also spent a decade with IBM.
He acted as CIO for SARS from 2002 to 2006. His experience includes significant 
project rollouts, consolidation exercises and transformation initiatives. His   
unique documentation of SARS`s IT strategy was rated number one in worldwide    
Thought Leadership by Gartner and he has presented to over 5 000 people in      
Cannes on the success of SARS`s `Single View of the Client` project. Ken was the
winner of the 2004 ICT Leadership award and was voted the Public Sector CIO of  
2004.                                                                           
Ken now heads up his own company, JIKA Africa.                                  
Woodmead                                                                        
2 September 2008                                                                
Designated advisor                                                              
Arcay Moela Sponsors (Pty) Limited                                              
Date: 02/09/2008 08:00:11 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.