GRINDROD LIMITED
(Registration number: 1966/0009846/06)
In accordance with the requirements of paragraph 3.72 and 3.75 of the JSE
Listings Requirements the following should be noted:
Director : IAJ Clark
Nature of transaction : Exercising of share options
Nature of interest : Direct beneficial
Date, price amount : As scheduled below
Grindrod "N" ordinary shares
Date exercised Option Price No. of shares
14 March 2002 1.70 43 300
14 March 2002 1.76 166 600
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