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Fri 13 Jun 2003, 8:50 Directors Share Dealings
Grindrod Limited -                       
Grindrod Limited                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND                                                                 
ISIN:       ZAE000030805                                                        
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    :    Sale of shares                                    
Nature of interest       :    Indirect beneficial                               
Date, price amount       :    As scheduled below                                
Grindrod "N" ordinary shares                                                    
Date           Price     No. of shares                                          
11 June 2003   6.25      2 073                                                  
Date: 13/06/2003 08:09:01 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                
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