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Thu 20 May 2004, 18:05 Cautionary Announcement
UCS Group Limited - Cautionary Announcement                                     
  UCS Group Limited                                                               
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1993/002253/06)                                            
  Share code: UCS                                                                 
  ISIN: ZAE000016150                                                              
  (`UCS` or `the Company`)                                                        
  CAUTIONARY ANNOUNCEMENT RELATING TO THE INTENTION OF UCS TO TABLE AN OFFER TO   
  ACQUIRE THE SHARES IN OR THE BUSINESS OF CS COMPUTER SERVICES HOLDINGS LIMITED  
  (`CSH`)                                                                         
  The directors of UCS advise that it has informed the board of CSH of its        
  intention to hold discussions and review relevant information with the objective
  of constructing and tabling an offer to acquire the shares in or business of    
  CSH.                                                                            
  Any offer tabled by UCS will be subject to a detailed due diligence             
  investigation, which will be conducted if the offer is found to be acceptable.  
  UCS shareholders are therefore advised to exercise caution when dealing in their
  shares until a further announcement is made.                                    
  Johannesburg                                                                    
  20 May 2004                                                                     
  Sponsor                                                                         
  Barnard Jacobs Mellet Corporate Finance (Pty) Ltd                               
  Date: 20/05/2004 05:12:02 PM Produced by the JSE SENS Department                
                                                                                  
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