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Tue 15 Jun 2004, 10:11 UPDATE AND FURTHER CAUTIONARY
CS COMPUTER SERVICES HOLDINGS LIMITED - UPDATE AND FURTHER CAUTIONARY           
                                          ANNOUNCEMENT                            
  CS Computer Services Holdings Limited                                           
  (Incorporated in the Republic of South Africa)                                  
  Registration number 1996/015131/06                                              
  JSE Share Code: CSH                                                             
  ISIN: ZAE000022034                                                              
  (`CSH` or `the company`)                                                        
  UPDATE AND FURTHER CAUTIONARY ANNOUNCEMENT                                      
  Shareholders are referred to the announcement released by CSH dated 2 June 2004 
  to the effect that the Board of Directors of CSH had received a number of       
  unsolicited approaches.                                                         
  After due consideration the Board is pleased to announce that they have         
  nominated a preferred bidder and are currently in the process of agreeing the   
  terms of the process for the finalisation of a transaction with such preferred  
  bidder.  A detailed announcement will be released on SENS and published in the  
  press in due course.                                                            
  Shareholders are accordingly advised to continue to exercise caution in dealing 
  in the company`s shares until a further announcement is published.              
  Johannesburg                                                                    
  15 June 2004                                                                    
  Sponsor                                           Independent advisor           
  Barnard Jacobs Mellet Corporate Finance                Bridge Capital           
  (Pty) Limited                                                                   
  Legal advisors                                                                  
  Brink Cohen Le Roux                                                             
  Date: 15/06/2004 09:58:01 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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