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Mon 8 Dec 2003, 11:06 DEALING IN SECURITIES BY A DIRECTOR
COMBINED MOTOR HOLDINGS LIMITED - DEALING IN SECURITIES BY A DIRECTOR           
  Combined Motor Holdings Limited                                                 
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1965/000270/06)                                            
  Share code: CMH ISIN code: ZAE000001541                                         
  Dealing in securities by a director                                             
  In compliance with paragraph 3.63 to 3.74 of the JSE Securities Exchange South  
  Africa Listing Requirements, the following information is disclosed:            
  Director:                       CL Odendaal                                     
  Date of transaction:            5 December 2003                                 
  Price per share:                R 17.25                                         
  Number of shares:               15 212                                          
  Total value:                    R 262 407                                       
  Class of securities:            Ordinary shares                                 
  Nature of transaction:          Sale                                            
  Extent of interest:             Direct and beneficial                           
  8 December 2003                                                                 
  Durban                                                                          
  Sponsor                                                                         
  PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
  (Registration no: 1970/003711/07)                                               
  Date: 08/12/2003 10:51:02 AM Produced by the JSE SENS Department
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