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 Group" 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 March 2009, Mrs Michelle Meth has been         
appointed to the board of directors as executive financial director.            
Michelle joins the Huge Group from the TMS Group (a wholly owned subsidiary of  
Bidvest) where she was the finance director. Prior to the position at the TMS   
Group she was employed at Cell C as their executive head of finance.  Her       
responsibility at Cell C encompassed the entire finance function and she had 7  
divisions reporting to her (Treasury, Financial Control, Billing and            
Commissions, Accounts Payable and General Ledger, Fixed Assets and Property).   
Michelle has experience in preparing annual financial statements, internal audit
controls, investor relations, tax planning, budgeting and was part of the fund  
raising team at Cell C.  Her prior experience as group financial accountant at  
Primedia Limited in 2000 also provided her with valuable experience in          
consolidating accounts across a complex group structure with many subsidiaries  
and associates and regular changes in the shareholding structures.              
She completed her BCom (Hons) at RAU in 1998 and in 2000 she qualified as a     
Chartered Accountant (SA).                                                      
Woodmead, Johannesburg                                                          
17 February 2009                                                                
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 17/02/2009 10:15:01 Supplied by www.sharenet.co.za                     
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