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Wed 28 Mar 2007, 15:23 GMB - Glenrand M.I.B Limited - Announcement to Sha
GMB
 GMB                                                                             
GMB - Glenrand M.I.B Limited - Announcement to Shareholders                     
Glenrand M.I.B Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share Code: GMB & ISIN:  ZAE000018529                                           
("Glenrand M.I.B" or "the Group")                                               
Announcement to shareholders                                                    
Glenrand MIB is a defendant in an action instituted by the liquidators of       
Protector Group Holdings (Pty) Limited (in liquidation) ("the Protector Group").
The action includes various claims totalling R63 million plus interest and      
arises out of the Group`s disinvestment from the Protector Group in 2004.       
Glenrand MIB believes it acted properly and the matter is being defended.       
28 March 2007                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 28/03/2007 15:23:01 Produced by the JSE SENS Department.                  
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