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Fri 13 Dec 2002, 16:12 Command - Cautionary Announcement
COMMAND HOLDINGS LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/014759/06)                                            
Share Code:  CMA                                                                
ISIN Code:    ZAE 000023131                                                     
("Command" or "the Company")                                                    
CAUTIONARY ANNOUNCEMENT                                                         
Further to the press announcement on 1 October 2002, regarding the proposed     
acquisition by Command Protection Services (Gauteng) (Proprietary) Limited, a   
subsidiary of Command, of the business of Maigret (Proprietary) Limited ("Maxi  
Security"), shareholders are advised that the suspensive conditions have not    
been fulfilled.  Accordingly, the agreement implementing the transaction between
the parties is null and void ab initio.                                         
Shareholders are further advised that negotiations regarding the acquisition of 
Maxi Security are continuing and, if successfully concluded, may have an effect 
on the price of the Company`s securities.  Accordingly, Command shareholders are
advised to exercise caution when dealing in their securities until a further    
announcement is made.                                                           
Cape Town                                                                       
13 December 2002                                                                
Sponsor to Command            Attorneys                                         
Deloitte & Touche Sponsor     Webber Wentzel Bowens                             
Services (Pty) Ltd                                                              
 (Registration number                                                           
1996/000034/07)                                                                 
Date: 13/12/2002 03:27:00 PM Produced by the JSE SENS Department                

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