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Fri 3 Dec 2010, 17:01 GND/GNDP - Grindrod Limited - Share Dealings
GND   GNDP
GND                                                                             
GND/GNDP - Grindrod Limited - Share Dealings                                    
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE000071106                                               
SHARE DEALINGS                                                                  
In accordance with the requirements of paragraph 3.63 to 3.74 of the            
JSE Listings Requirements the following should be noted:                        
                                                                                
Name of company               :  Grindrod Limited                               
Class of securities           :  Grindrod Ordinary Shares                       
Nature of interests           :  Indirect beneficial                            
Clearance to deal             :  Yes                                            
                                                                                
Name of director              :  IAJ Clark                                      
Nature of transaction         :  Exercise of Options                            
Date of transaction           :  29 November 2010                               
                                                                                
Number of shares              :  200 000                                        
Strike Price                  :  R2,39                                          
Total value of transaction       R478 000                                       
                                                                                
Number of shares              :  100 000                                        
Strike Price                  :  R3,80                                          
Total value of transaction       R380 000                                       
                                                                                
Number of shares              :  300 000                                        
Strike Price                  :  R12,51                                         
Total value of transaction       R3 753 000                                     
                                                                                
The above transactions took place off market.                                   

3 December 2010                                                                 
Sponsor:                                                                        
Grindrod Bank Limited                                                           
Date: 03/12/2010 17:01:11 Produced by the JSE SENS Department.                  
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