Changes to the board of directors HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or “the Group”) Changes to the board of directors In terms of section 3.59 of the JSE Limited Listings Requirements, the board of directors of Huge (the “Board”) is pleased to announce the appointment of Mr Craig Lyons (“Craig”) as an Independent Non-Executive Director with effect from 3 July 2017. Craig is an experienced and accomplished investment banker and businessman with extensive strategic, management and finance experience gained in various industries and from having developed and led a number of pre-eminent businesses in Southern Africa. He actively participates as an independent director on various company boards, committees and investment funds. Some of his career highlights include successfully co-founding, leading and managing two South African investment companies, one of which was listed on the JSE. He has spear-headed a number of high profile investment transactions in a multitude of sectors with a combined transaction value in excess of R28 billion. Craig holds a B.Com from the University of the Witwatersrand and a D.Soc from Oxford University in the United Kingdom, where he majored in Economics. The Board welcomes Craig and looks forward to a long and mutually beneficial relationship. The Board further advises shareholders that Mr Anton Daniel Potgieter (“Anton”) has resigned as a director of Huge and its subsidiaries with effect from 3 July 2017. Anton founded TelePassport in 1993, which was rebranded as Huge Telecom and became the principal subsidiary of the Group on its listing in 2007. Anton served Huge after listing as Chief Executive Officer and then Executive Chairman, before becoming a non-executive director. Anton is currently a shareholder of Huge and given this shareholding in Huge is not regarded as independent. Consequently, Anton’s resignation at this point in time significantly assists the Board in achieving Huge’s compliance with the King IV code, which requires the majority of the non-executive directors on the Board to be independent. The Board would like to take this opportunity to thank Anton for his valued contribution to the Group as a director over the past 10 years. Johannesburg 4 July 2017 Sponsor Questco Proprietary Limited Date: 04/07/2017 10:51:00 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.