HUG - Huge Group Limited - Cautionary Announcement

HUG - Huge Group Limited - Cautionary Announcement                              
HUGE GROUP LIMITED                                                              
(formerly Vanquish Fund Managers Limited)                                       
(Registration number 2006/023587/06)                                            
Share code: HUG & ISIN: ZAE000102042                                            
("Huge" or "the company")                                                       
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are referred to the previous announcement dated 17 March 2009 which
outlined the purchase of the single stock futures and contracts for difference  
in Huge, related specific repurchase of securities and withdrawal of cautionary 
announcement.                                                                   
Shareholders are advised that the company is consulting with an IFRS specialist 
in order to show both the pro forma effects of the Single Stock Futures and the 
Contracts for Difference as well as the pro forma effects of the proposed       
repurchase of shares.                                                           
Shareholders are accordingly advised to exercise caution when dealing in the    
company`s securities until a further announcement is made in this regard.       
Johannesburg                                                                    
30 March 2009                                                                   
Designated Advisor                                                              
Arcay Moela Sponsors (Pty) Limited                                              
(Registration number: 2006/033725/07)                                           
Date: 30/03/2009 11:05:01 Supplied by www.sharenet.co.za                     
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