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Fri 18 Apr 2008, 10:21 GND - Grindrod Limited - Directors share dealings
GND
 GND                                                                             
GND - Grindrod Limited - Directors share dealings                               
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE 000071106                                              
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
Director  :                                  I A J Clark                        
Date of transaction :                        9 April 2008                       
Average settlement price :                   R22,70                             
Number of shares    :                        2 000 000                          
Nature of interest  :                        Indirect beneficial                
Clearance obtained  :                        Yes                                
Class of share :                             Grindrod ordinary shares           
Nature of transaction:                       Unwind of the Zero cost collar     
entered into on 28 June 2007 (1 000 
                                            000 shares) and set to expire on 30 
                                            June 2008 (Put strike R17,34 per    
                                            share and Call strike R28,28 per    
share) and unwind of the Zero cost  
                                            collar entered into on 28 June 2007 
                                            (1 000 000 shares) and set to       
                                            expire on 30 July 2008 (Put strike  
R17,60 per share and Call strike    
                                            R28,81 per share)                   
18 April 2008                                                                   
Sponsors:                                                                       
Exchange Sponsors (Pty) Limited                                                 
Date: 18/04/2008 10:21:18 Produced by the JSE SENS Department.                  
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