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Thu 4 Mar 2004, 16:19 Directors Share Dealings
Grindrod Limited - Directors Share Dealings                                     
  Grindrod Limited                                                                
  (Registration number: 1966/0009846/06)                                          
  Share code: GND          ISIN: ZAE000052247                                     
  In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
  Listings Requirements the following amendment to the announcement dated 3 March 
  2004 is noted.                                                                  
  Mr IAJ Clark sold shares and did not exercise share options.  The announcement  
  should have read as follows:                                                    
  Director                 :    IAJ Clark                                         
  Nature of transaction    :    Sale of shares                                    
  Nature of interest       :    Indirect beneficial                               
  Date, price amount       :    As scheduled below                                
  Clearance obtained       :    Yes                                               
  Grindrod ordinary shares                                                        
  Date                Price     No. of shares                                     
  1 March 2004        18.10     1 559 903                                         
  2 March 2004        18.08     36 346                                            
  In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
  Listings Requirements the following new announcement is noted:                  
  1.   Director            :    IAJ Clark                                         
  Nature of transaction    :    Sale of shares                                    
  Nature of interest       :    Indirect beneficial                               
  Date, price amount       :    As scheduled below                                
  Clearance obtained       :    Yes                                               
  Grindrod ordinary shares                                                        
  Date           Price          No. of shares                                     
  3 March 2004   18.01          903 751                                           
  2.   Director            :    JG Jones                                          
  Nature of transaction    :    Purchase of share options                         
  Nature of interest       :    Indirect beneficial                               
  Date, price amount       :    As scheduled below                                
  Clearance obtained       :    Yes                                               
  Grindrod ordinary shares                                                        
  Date Exercised      Option Price   No. of shares                                
  4 March 2004        2.90           30 000                                       
  4 March 2004                                                                    
  Date: 04/03/2004 04:13:08 PM Produced by the JSE SENS Department
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