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Fri 30 Apr 2004, 13:23 Directors Share Dealings
Grindrod Limited - Directors Share Dealings 

Release Date: 30/04/2004 12:49:46      Code(s): GND        
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            :    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                                
29 April 2004       21.00          675 000                                      
29 April 2004       21.40          825 000                                      
2.   Director            :    IAJ Clark                                         
Nature of transaction    :    Purchase of call options                          
Nature of interest       :    Indirect beneficial                               
Date, price amount       :    As scheduled below                                
Clearance obtained       :    Yes                                               
Grindrod ordinary shares                                                        
Date                     Strike Price   No. of shares  Expiry date              
29 April 2004            25.68          500 000        14 April 2006            
29 April 2004            25.68          500 000        28 April 2006            
29 April 2004            25.68          500 000        12 May 2006              
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