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Wed 17 Mar 2004, 15:19 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 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                                
  16 March 2004       18.40          357 826                                      
  16 March 2004       18.50          27 278                                       
  Date: 17/03/2004 03:13:46 PM Produced by the JSE SENS Department
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