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Fri 21 Sep 2007, 15:01 GND / GNDP - Grindrod Limited - Directors Share De
GND   GNDP
 GND                                                                             
GND / GNDP - Grindrod Limited - Directors Share Dealings                        
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE000071106                                               
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
1.   Director:                D A Rennie                                        
    Nature of transaction:   Unwind of existing zero cost collar due to expire  
                             22.09.2007 and subsequent sale of shares as        
                             scheduled below to settle obligation on call       
Nature of interest:      Indirect beneficial                                
    Date, price amount:      As scheduled below                                 
    Clearance obtained:      Yes                                                
    Class of Share:          Grindrod Ordinary Shares                           
Date                     Price               No. of shares                      
20 September             R23,40              690 594                            
2.   Nature of transaction:   Zero premium collar to expire as scheduled below  
    Nature of interest:      Indirect beneficial                                
Date, price amount:      As scheduled below                                 
    Clearance obtained:      Yes                                                
    Class of Share:          Grindrod Ordinary Shares                           
Date                Put         Call       No. of shares  Maturity Date         
Price       Price                                            
20 September 2007   R23.40      R33.46     309 406        21 September 2007     
21 September 2007                                                               
Sponsors                                                                        
Exchange Sponsors Pty Ltd                                                       
Date: 21/09/2007 15:01:08 Produced by the JSE SENS Department.                  
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