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Fri 29 May 2009, 14:00 GMB - Glenrand M?I?B - Dealing In Securities By Directors And Company
GMB
GMB                                                                             
GMB - Glenrand M?I?B - Dealing In Securities By Directors And Company           
Secretary                                                                       
GLENRAND M?I?B LIMITED                                                          
(a Licensed Financial Services Provider)                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share code: GMB   ISIN: ZAE000078010                                            
("Glenrand M?I?B" or "the Company")                                             
DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY                        
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings               
Requirements, the following information relating to the granting and            
acceptance of share options to directors and the company secretary is           
disclosed:                                                                      
Name:                              Mr A J Chislett                              
Designation:                       Chief Executive Officer                      
Company:                           Glenrand M?I?B                               
Date of transaction:               28 May 2009                                  
Nature of transaction:             Granting and acceptance of share options     
Strike price:                      R1.00 per option                             
Number of options granted:         400 000                                      
Value of options granted:          R400 000                                     
Vesting period:                    Options are exercisable as follows: 35% of   
                                  the options after three years, up to 70%      
after four years, and up to 100% after five   
                                  years, with any unexercised options           
                                  expiring after seven years                    
Nature and extent of interest:     Direct beneficial                            
Written clearance to deal:         Yes                                          
Name:                              Mr G Whitcher                                
Designation:                       Financial Director                           
Company:                           Glenrand M?I?B                               
Date of transaction:               28 May 2009                                  
Nature of transaction:             Granting and acceptance of share options     
Strike price:                      R1.00 per option                             
Number of options granted:         400 000                                      
Value of options granted:          R400 000                                     
Vesting period:                    Options are exercisable as follows: 35% of   
                                  the options after three years, up to 70%      
                                  after four years, and up to 100% after five   
years, with any unexercised options           
                                  expiring after seven years                    
Nature and extent of interest:     Direct beneficial                            
Written clearance to deal:         Yes                                          
Name:                              Mrs E Price                                  
Designation:                       Company Secretary                            
Company:                           Glenrand M?I?B                               
Date of transaction:               28 May 2009                                  
Nature of transaction:             Granting and acceptance of share options     
Strike price:                      R1.00 per option                             
Number of options granted:         300 000                                      
Value of options granted:          R300 000                                     
Vesting period:                    Options are exercisable as follows: 35% of   
                                  the options after three years, up to 70%      
                                  after four years, and up to 100% after five   
                                  years, with any unexercised options           
expiring after seven years.                   
Nature and extent of interest:     Direct beneficial                            
Written clearance to deal:         Yes                                          
Randburg                                                                        
29 May 2009                                                                     
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 29/05/2009 14:00:03 Produced by the JSE SENS Department.                  
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