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. Shareholders are advised that Cape Empowerment Trust Limited (“CET”), a shareholder of Command, launched an application against Mohamed Shaffie Mowzer N.O. and Mohamed Iqbal Parker N.O. in their capacities as trustees for the time being of the Ikwezi Investment Trust (IT No. 2224/98), Mohamed Shaffie Mowzer N.O. and Hilary Ruth Mowzer N.O. in their capacities as trustees for the time being of the Grapsy Trust (IT No. 751/95), L A Rose-Innes, SC and the Company in the Western Cape High Court on 29 August 2013 (“the court application”). 2. In the court application CET seeks inter alia the relief as set out below in regard to the general meeting convened by CET pursuant to the provisions of section 70(4) of the Companies Act 71 of 2008 (“the Act”), to be held on Monday, 30 September 2013 (“the meeting”) and pursuant to the powers granted to the court under section 70(5) of the Act: 2.1 L A Rose-Innes, SC is appointed as the independent chair of the meeting; 2.2 L A Rose-Innes, SC shall otherwise have the powers set out in articles 19 to 29 of the Memorandum of Incorporation of the Company, together with any other power that he may reasonably be required to exercise, for purposes of the meeting; 2.3 The Ikwezi Investment Trust, a shareholder of Command, is prohibited from voting at the meeting for the purposes of the election of directors for the Company; 2.4 The Ikwezi Investment Trust is prohibited from nominating any persons for election as a director of the Company; 2.5 The Grapsy Trust, a shareholder of Command, is prohibited from voting at the meeting for the purposes of the election of directors for the Company; 2.6 The Grapsy Trust is prohibited from nominating any persons for election as a director of the Company; and 2.7 The costs of L A Rose-Innes, SC shall be paid by the Company. 3. Shareholders are further advised that the court application will be heard on Monday, 16 September 2013 and will be advised of the outcome. By Order Elton Arthur Rochert Company Secretary Cape Town 4 September 2013 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 05/09/2013 07:05:00 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.