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Mon 5 May 2003, 11:04 COMMAND HOLDINGS LIMITED - FURTHER CAUTIONARY ANNO
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")                                                    
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 13 December 2002, 27 January 2003 
and 12 March 2003, shareholders of Command are advised that negotiations are    
still in progress which, if successfully concluded, may have an effect on the   
price of the company"s securities.                                              
Accordingly, Command shareholders are advised to continue to exercise caution   
when dealing in their securities until a further announcement is made.          
Cape Town                                                                       
5 May 2003                                                                      
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
(Registration number 1996/000034/07)                                            


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