HUG - Huge Group Limited - Further Trading Statement

HUG - Huge Group Limited - Further Trading Statement                            
HUGE GROUP LIMITED                                                              
(Registration number 2006/023587/06)                                            
Share code: HUG     ISIN: ZAE000102042                                          
("Huge" or "the Group" or "the company")                                        
FURTHER TRADING STATEMENT                                                       
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed 
company is required to publish a trading statement as soon as it is satisfied   
that a reasonable degree of certainty exists that the financial results for the 
period to be reported upon next will differ, by at least 20%, from the financial
results for the corresponding period in the prior year.                         
Shareholders are referred to the initial trading statement dated 4 April 2012,  
and are advised that as per that announcement, the company now has clarity with 
regard to the improvement in earnings and headline earnings per share.          
Accordingly, shareholders are hereby advised that a reasonable degree of        
certainty exists that the company anticipates that earnings and headline        
earnings per share are expected to be between 9.58 and 11.97 cents per share,   
compared to a loss and headline loss per share of 15.33 and 15.41 cents per     
share respectively for the prior year corresponding period.                     
This trading statement has not been reviewed or reported on by the company`s    
external auditors.                                                              
Johannesburg                                                                    
24 April 2012                                                                   
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 24/04/2012 10:31:01 Supplied by www.sharenet.co.za                     
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