(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 : WM Grindrod
Nature of transaction : Purchase/sale of shares for investment purposes
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
INCREASE IN INDIRECT BENEFICIAL INTEREST
Grindrod ordinary shares
Date exercised Option Price No. of shares
22 April 2002 6.45 3 034 759
Grindrod "N" ordinary shares
Date exercised Option Price No. of shares
22 April 2002 6.45 2 306 748
DECREASE IN INDIRECT BENEFICIAL INTEREST
Grindrod ordinary shares
Date exercised Option Price No. of shares
22 April 2002 6.31 1 517 379
Grindrod "N" ordinary shares
Date exercised Option Price No. of shares
22 April 2002 6.03 1 153 374
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