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HUG                                                                             
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                                                         
Arcay Moela Sponsors (Pty) Limited are authorised to announce that negotiations 
are currently in progress, which, if successfully concluded, may have a material
effect on the share price of Huge.                                              
Accordingly, shareholders are advised to exercise caution when dealing in their 
shares until a further announcement is made.                                    
Woodmead                                                                        
8 August 2007                                                                   
Designated advisor                                                              
Arcay Moela Sponsors (Pty) Limited                                              
Date: 08/08/2007 07:48:27 Produced by the JSE SENS Department.

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