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Thu 13 May 2004, 12:45 Grindrod Limited - 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                 :    TJT McClure                                       
Nature of transaction    :    Purchase of share options                         
Nature of interest       :    Indirect beneficial                               
Date, price amount       :    As scheduled below                                
Clearance obtained       :    Yes                                               
Grindrod ordinary shares                                                        
Date Exercised      Option Price   No. of shares                                
5 May 2004          1.50           38 000                                       
13 May 2004
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