HUG - Huge Group Limited - Dealings in securities

HUG - Huge Group Limited - Dealings in securities                               
HUGE GROUP LIMITED                                                              
(formerly Vanquish Fund Managers Limited)                                       
(Registration number 2006/023587/06)                                            
Share code: HUG & ISIN: ZAE000102042                                            
("Huge" or "the company")                                                       
DEALINGS IN SECURITIES                                                          
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Limited ("JSE"), shareholders are advised that the following director has   
purchased shares and sold Single Stock Futures ("SSF") as follows:              
Name of director:        J Herbst                                               
Company:                 Huge Group Limited                                     
Date of transaction:     10 February 2009                                       
Number of shares:        40 000 contracts representing 4 000                    
                        000 shares                                              
Class of securities:     SSF contracts over Huge Ordinary                       
                        Shares                                                  
Nature of transaction:   Sale of SSF`s                                          
Price per contract:      R218.00                                                
Nature of director`s     Indirect, beneficial                                   
interest:                                                                       
Extent of interest:      3.57%                                                  
Value of transaction:    R8 720 000.00                                          
Name of director:        J Herbst                                               
Date of transaction:     10 February 2009                                       
Number of securities:    4 000 000 shares over 36 months                        
Class of securities:     Ordinary shares                                        
Nature of transaction:   Forward purchase of Huge Ordinary                      
                        Shares                                                  
Price per share:         R2.18                                                  
Nature of director`s     Direct                                                 
interest:                                                                       
Extent of interest:      3.57%                                                  
Value of transaction:    R8 720 000.00                                          
Transfer of the above shares will take place each quarter at which point in time
a SENS announcement will be published.                                          
Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings
Requirements of the JSE.                                                        
Johannesburg                                                                    
10 February 2009                                                                
Designated Advisor                                                              
Arcay Moela Sponsors (Pty) Limited                                              
(Registration number: 2006/033725/07)                                           
Date: 10/02/2009 09:56:01 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.