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Tue 9 Mar 2004, 13:47 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:                            
  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                                          
  8 March 2004   19.05     1 645                                                  
  8 March 2004   19.10     9 182                                                  
  8 March 2004   19.20     3 273                                                  
  8 March 2004   19.40     816                                                    
  Date: 09/03/2004 01:40:23 PM Produced by the JSE SENS Department                
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