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Mon 8 Mar 2004, 14:55 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 should be noted:                            
  1.   Director            :  WM Grindrod                                         
  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                                        
  4 March 2004    18.90      7 092                                                
  Date: 08/03/2004 02:52:40 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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