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Tue 4 May 2004, 15:52 Directors Share Dealings
Grindrod Limited - Directors Share Dealings 
Release Date: 04/05/2004 15:48:01      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                 :    J G Jones                                    
  Nature of transaction    :    Exercise of share options                    
       Nature of interest       :    Indirect beneficial                          
       Date, price, amount      :    As scheduled below                           
       Clearance obtained       :    Yes                                          
  Grindrod ordinary shares                                                   
           Date                      Price          No. of shares                 
           03.05.2004                1.50           8 000                         
  2.   Director                      :    L R Stuart-Hill                         
  Nature of transaction         :    Exercise of share options               
       Nature of interest            :    Indirect beneficial                     
       Date, price, amount           :    As scheduled below                      
       Clearance obtained            :    Yes                                     
  Grindrod ordinary shares                                                   
           Date                      Price          No. of shares                 
           03.05.2004                1.50           10 000                        
  3.   Director                      :    I A J Clark                             
  Nature of transaction         :    Exercise of share options               
       Nature of interest            :    Direct beneficial                       
       Date, price, amount           :    As scheduled below                      
       Clearance obtained            :    Yes                                     
  Grindrod ordinary shares                                                   
           Date                      Price          No. of shares                 
           03.05.2004                1.50           20 000                        
  4.   Director                      :    D A Rennie                              
  Nature of transaction         :    Exercise of share options               
       Nature of interest            :    Indirect beneficial                     
       Date, price, amount           :    As scheduled below                      
       Clearance obtained            :    Yes                                     
  Grindrod ordinary shares                                                   
           Date                 Price               No. of shares                 
           03.05.2004           1.50                40 000                        
  Date: 04/05/2004 03:48:04 PM Produced by the JSE SENS Department                
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