Update announcement COMMAND HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration no: 1999/014759/06) Share Code: CMA ISIN Code: ZAE000023131 ("Command" or "the Company") UPDATE ANNOUNCEMENT 1. On 24 May 2013 Yekiso J of the Western Cape High Court declared the late Kalman Druker, Mohamed Iqbal Parker, Mohamed Shaffie Mowzer, and Francina Mabana Moshesh delinquent in their capacities as directors of Command and placing Cornelius Tobias Vermaak, Yvonne Kelebongile Nono Mohutsioa-Mathabathe, Oscar Setsubi, Mokagabudi Lucky Masilela and Lerato Pretorius on probation in their capacities as directors of Command. 2. On 6 June 2013 Mr MS Mowzer, in his capacity as a duly authorised trustee of Ikwezi Investment Trust (IT No. 2224/98) (“Ikwezi”), made an application in terms of section 61(11)(b) of the Companies Act 71 of 2008 (“the Act”) requesting the Companies Tribunal (“the Tribunal”) to issue an administrative order for an annual general meeting of shareholders to be convened on a date and subject to any terms that the Tribunal considers appropriate in the circumstances of this matter. 3. Section 61(11)(b) of the Act provides that “if a company is unable to convene a meeting as required in terms of this section because it has no directors, or because all of its directors are incapacitated- (b) if no person has been authorised as contemplated in paragraph (a), the Companies Tribunal, on request by any shareholder, may issue an administrative order for a shareholders meeting to be convened on a date, and subject to any terms, that the Companies Tribunal considers appropriate in the circumstances” 4. On 6 June 2013 the Company Secretary of the Company, Mr Elton Rochert, applied to the Tribunal for an extension to convene an annual general meeting of shareholders in terms of section 61(7)(b) of the Act. 5. On 31 July 2013 Cape Empowerment Trust Limited, a shareholder of the Company addressed written submissions to the Tribunal requesting the Tribunal to disregard and not to rule in favour of the abovementioned applications. 6. Shareholders are advised that the Tribunal has now issued a notice of hearing in terms of which it advised that the abovementioned applications will be heard on 30 September 2013 at 10h00 at the offices of the National Consumer Tribunal in Centurion. By Order Elton Arthur Rochert Company Secretary Cape Town 2 September 2013 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 02/09/2013 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.