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Mon 26 Jul 2004, 13:07 Dealing in securities by directors
Combined Motor Holdings Limited - Dealing in securities by directors            
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 directors                                              
In compliance with paragraphs 3.63 to 3.74 of the JSE Securities Exchange South 
Africa Listings Requirements, the following information is disclosed:           
Director                                     : CL Odendaal                      
Transaction                                                                     
Date of transaction                          : 23 July 2004                     
Price per share                              : R 23.50                          
Number of shares                             : 40 081                           
Total value                                  : R 941 903.50                     
Class of securities                          : Ordinary shares                  
Nature of transaction                        : Sale                             
Extent of interest                           : Direct and beneficial            
Confirmation of clearance                    : Clearance to deal was granted    
Director                                     : MPD Conway                       
Transaction                                                                     
Date of transaction                          : 23 July 2004                     
Price per share                              : R 23.50                          
Number of shares                             : 32 300                           
Total value                                  : R 759 050.00                     
Class of securities                          : Ordinary shares                  
Nature of transaction                        : Sale                             
Extent of interest                           : Direct and beneficial            
Confirmation of clearance                    : Clearance to deal was granted    
26 July 2004                                                                    
Johannesburg                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)
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