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Wed 17 Sep 2003, 13:31 DIRECTORS SHARE DEALINGS
GRINDROD LIMITED - DIRECTORS SHARE DEALINGS                                     
  GRINDROD LIMITED                                                                
  (Registration number: 1966/0009846/06)                                          
  Share code: GND          ISIN: ZAE000030805                                     
  Share code: GNN          ISIN: ZAE000030813                                     
  In accordance with the requirements of paragraph 3.63 and 3.74 of the JSE       
  Listings Requirements the following should be noted:                            
  Name fo director        :  EM Grindrod                                          
  Nature of transaction   :  Sale of shares                                       
  Nature of interest      :  Indirect beneficial                                  
  Class                   :  Grindrod "N" ordinary shares                         
  Date, price amount      :  As scheduled below                                   
  Date                Price     No. of shares                                     
  15 September 2003   8.30      14 729                                            
  Date: 17/09/2003 11:35:05 AM Produced by the JSE SENS Department                
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