Appointment Of Åge Muren As The New CFO Of The Hugin Group

Oslo, Norway, Jan 4, 2008 - (Hugin via ABN Newswire) - Oslo/Paris/Leipzig - 4th January 2008 - Hugin today announces two important appointments. Åge Muren has been appointed as the new CFO and Director of Operations. He will be responsible for Administration and Finance, as well as for Human Resources and Legal Affairs at group level. Åge Muren will take over this role from Ivar Sagemo, who has accepted the position as Director of Technology & Business Development.

Åge Muren holds a Master of Science in Business and Economics from Norwegian School of Management, majoring in Finance. In addition he has Bachelor of Law and Master of Law from University of Oslo and a Master of Science in Accounting and Auditing from Norwegian School of Economics and Business Administration. He is also a State Authorised Public Accountant.

In his new position, Ivar Sagemo will be responsible for IT -and Business Development. Ivar Sagemo has been a member of the Hugin Management Team for nearly 3 years and holds a BSc from University of Colorado at Boulder. He has previous M&A experience from PricewaterhouseCoopers and has held various management positions in Consorte Group - a Norwegian telecommunications company.

About Hugin Group

Hugin Group, a NYSE Euronext company, is the leading pan-European provider of innovative services and professional support for connecting communication professionals with their target audiences. At the same time, Hugin ensures compliance with market authorities' regulations.

From its start in 1995, Hugin has pioneered the regulatory and news distribution service industry, developing methods driving best practice. Hugin helps companies with their complete distribution and compliance needs. Hugin's distribution channels connect companies directly to thousands of journalists, analysts, institutional investors and their specific stakeholders.

Hugin Group is the favoured partner of Investor Relations and Public Relations Officers, offering a full range of services including: financial, regulatory and media news distribution, online services, broadcast services, learning services and client services.

Hugin Group today forms an international group present in 11 countries through 12 offices in Belgium, France, Denmark, Finland, Germany, Norway, Poland, Sweden, Switzerland, The Netherlands and The United Kingdom. Hugin has more than 1 900 clients in 26 countries.

As well as its activities in the European countries, Hugin has also developed strategic relationships with partners in North America and in Asia. Hugin Group allows European companies to distribute their press releases in the local language to professional investors and the media globally.

For more information go to http://www.hugingroup.com

Journalist and media enquiries contact: Tor Baekkelund, CEO Hugin Group, Tel .: +47 41 69 52 41 Matthias Erler, Director Marketing & Partner Development; Tel.: +49 89 17 95 92 93

Copyright © Hugin ASA 2008. All rights reserved.

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