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Tue 7 Sep 2010, 8:00 GND/GNDP - Grindrod Limited - Restructure of executive
GND   GNDP
GND                                                                             
GND/GNDP - Grindrod Limited - Restructure of executive                          
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE000071106                                               
In accordance with the requirements of paragraph 3.59 of the Listing            
requirements of the JSE the following should be noted:                          
RESTRUCTURE OF EXECUTIVE                                                        
The Grindrod Group is pleased to announce a restructure of its                  
Executive Committee. Tony Stewart will assume responsibility for the            
Trading Division from Brendan McIlmurray who retires on 30 June 2011.           
Brendan joined the Group when Oreport was acquired and was                      
subsequently appointed chief executive of the Trading Division. Tony            
has performed the Finance Director role for the past seven years and            
will be succeeded by Andrew Waller effective 1 March 2011. Andrew is            
currently a partner of Deloitte & Touche.                                       
Andrew will join the Group on 1 January 2011 which will ensure that             
there is adequate time for a proper and orderly hand over of both the           
Trading and Finance roles in the months ahead. These changes are being          
implemented in terms of a well defined succession planning process              
within the group.                                                               
Sponsor : Grindrod Bank Ltd                                                     
7 September 2010                                                                
Date: 07/09/2010 08:00:00 Produced by the JSE SENS Department.                  
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