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Wed 17 Mar 2004, 15:51 CAUTIONARY ANNOUNCEMENT
COMMAND/ ALUDIE - CAUTIONARY ANNOUNCEMENT                                       
  COMMAND HOLDINGS LIMITED     ALUDIE LIMITED                                     
  (Incorporated in the         (Incorporated in the                               
  Republic of South Africa)    Republic of South Africa)                          
  (Registration number         (Registration number                               
  1999/014759/06)              1982/009023/06)                                    
  Share Code:  CMA             Share Code:  ALD                                   
  ISIN Code:    ZAE000023131   ISIN Code:    ZAE000008876                         
  ("Command")                  ("Aludie")                                         
  CAUTIONARY ANNOUNCEMENT                                                         
  Shareholders are advised that Command and Aludie have entered into negotiations 
  with a third party, which if successfully concluded, may have an effect on the  
  share price of Command and Aludie.                                              
  Accordingly, Command and Aludie shareholders are advised to exercise caution    
  when dealing in their securities until a further announcement is made.          
  Cape Town                                                                       
  17 March 2004                                                                   
  Sponsor                                                                         
  Deloitte & Touche Sponsor Services (Pty) Ltd                                    
  (Registration number 1996/000034/07)                                            
  Date: 17/03/2004 03:42:32 PM Produced by the JSE SENS Department
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